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Binance Coin (BNB) and Tron (TRX) Tipped For Significant Drops But This Crypto Continues To Go Parabolic

Binance Coin (BNB) and Tron (TRX) Tipped For Significant Drops But This Crypto Continues To Go Parabolic

One of the biggest concerns when trading digital currency is the overbought effect. When a crypto asset becomes overbought, i.e. when it attains a high price in a short period, it becomes very hard to keep up with the growth. This is mostly followed by a heavy wave of sell-off, which could see it touching a multi-month low. But in context, what does this have to do with the BNB price?

The BNB price has recently seen a series of highs, including a new all-time high of $793 after a four-month bull run. However, this new ATH has triggered a sell-off. While the Tron coin has not really followed the same bullish pattern as BNB, its slow movement is beginning to wear off investors’ interest.

Is there a correction in sight? Can the BNB and Tron prices resume a bull run after the correction? While these questions do not have a definite answer, a new crypto, Remittix $RTX, looks like a better investment alternative. Here is all you need to know about the new crypto defi token.

What New Action Could Reverse the BNB Price Fall?

The Binance Coin is one of the most talked about crypto assets and probably the best crypto coin to buy in the last 5 years. This is because of how fast it rose from a low of $6.5 to over $793, a rise of over 12,000% in less than 5 years. However, this top altcoin has been forming a bearish signal since it attained its all-time high in December.

The weekly chart shows the BNB price selling below the 7-period moving average, which signifies it might be heading toward the 50 Moving Average of $591. However, experts believe this could extend towards the 100 moving average at $4429 before the price is corrected. A major announcement or partnership could see the Binance Coin resume its bull run before reaching the projected bearish ranges.

Can the Tron Price Hit $1 this Year?

Tron was one of the first altcoins to instantly receive widespread acceptance when it launched as a new crypto asset. However, while the instant acceptance caused a significant surge that kept it uptrend, it was not enough to see it above the $1 mark.

The current all-time high of the Tron defi token, TRX, is $0.4406, which it attained in December 2024. However, there has been a sell-off recently, causing a strong bearish turn on the price, which is currently trading at 0.2366. Hence, although it continues to stay high as the top defi token, the interest in the Tron coin might continue to drop in value in the coming weeks.

Why Remittix Continues to Rise When Others Are Falling

Remittix is becoming popular as the best crypto coin to buy in 2025. This is because of its utility and a discovery of its potential to become a top defi token in the next few months.

Remittix combines traditional banking with decentralization, allowing users to enjoy the best of both worlds. The Remittix solution allows fiats to be sent to bank accounts using crypto. This means that you can use the Remittix platform to send dollars as fiat currency from the UK using just your USDT or any crypto coins. However, although Remittix currently boasts a low conversion fee, the introduction of its defi token, $RTX, is projected to make the fee even lower.

The Remittix new crypto token is a project designed to help investors earn from the crypto payment sector. The $RTX token is projected to go about 100x in the few weeks after its launch.

Take this opportunity to invest in the best crypto coin to buy this January, as the RTX token continues to rise in price in the presale round. Its current presale price is $0.0418 but it is already over 60% done, which means you might buy it at a higher price tomorrow.

Today is the best time to start buying the $RTX token. The link below provides more information on the presale and how to get started. 

Website: https://remittix.io/   

Socials: https://linktr.ee/remittix 

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