Neutron ($NTRN ) shows confident growth: current price $0.1166, +10.5% in the last 24 hours! 📈 This surge is associated with increased interest in the Cosmos ecosystem and Neutron's unique interchain compatibility technology. The platform, utilizing CosmWasm and Interchain Security, attracts DeFi application developers, which boosts demand for the token. The trading volume for the day was $3.43 million, and the market capitalization reached $63.88 million.
Technical analysis: The RSI at 53.47 indicates a neutral zone, suggesting potential for further growth without overbought conditions. The 50-day SMA shows a moderate upward trend, and support at $0.0905 remains strong. Resistance at $0.1294 could be broken if the current momentum is maintained. Predictions for 2025 range from $0.1181 to $0.1732, but market volatility requires caution.
Outlook: The growth of DeFi and interchain solutions could push $NTRN to new highs, especially if Bitcoin maintains a positive trend. However, regulatory risks and actions from major players remain factors of uncertainty.
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