The cryptocurrency market has faced another slight correction after its recent recovery. Bitcoin (BTC) has fallen to the $83,000 price level after climbing to $85,000. The global crypto market cap has fallen 4.5% in the last 24 hours to $2.72 trillion. Binance’s BNB coin has also faced a stark correction. TRON (TRX), on the other hand, is trading in the green zone across the board.
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Binance’s BNB Falters As TRON Soars
BNB has dipped 1.8% in the daily charts, 4% in the 14-day charts, and 9.3% over the previous month. Despite the dip, the asset has rallied 4% over the last week and 6% since April 2024. BNB hit an all-time high of $788.84 on Dec. 4. The asset’s price has fallen by 26.7% from its December peak.
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Unlike Binance’s BNB, TRON (TRX) is green across almost all time frames. The asset has rallied by 2.1% in the daily charts, 10.5% in the weekly charts, 6.6% in the 14-day charts, 18.7% over the previous month, and 128.1% since April 2024. Like BNB, TRX also hit an all-time high of $0.4313 on Dec. 4. TRX’s price has fallen by about 41% from its peak.
Which Asset Will Come Out On Top By April-End?
According to CoinCodex, Binance’s BNB token may rally over the next few days. The platform anticipates the asset to hit $640.94 on Apr.30. BNB’s price will rally by 10.77% if it hits the $640.94 target. CoinCodex predicts a major correction for BNB in May. The platform anticipates the asset to fall to $321.37 on May 24.
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Unlike BNB, CoinCodex anticipates TRX to face a price correction over the next few days. The platform anticipates TRX to trade at $0.210 on Apr. 30. TRX’s price will fall by around 17% if it slips to $0.210. CoinCodex also anticipates TRX to face a correction in May. The platform expects TRX to drop to $0.144 on May 24.
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