10x Research: Altcoin Momentum Stalls at 30-Day Moving Average, BNB and TRX Are the Best Current Allocations

10x Research released a report stating that the momentum of altcoins is fading in its early stages, with Bitcoin still maintaining dominance as trading volume declines again. The upward momentum of altcoins is being blocked by the 30-day moving average, failing to break through. If it falls below this moving average, long positions should be closed. The report highlights the best current allocations as BNB (Grayscale ETF application, Coinbase roadmap, etc.) and TRX (Tron’s active treasury asset buybacks, Moscow Exchange launching the MOEXTRX index).