TRON Loses Ground As It Falls Below $0.18
The price of TRON (TRX) is under renewed selling pressure after falling below the $0.22 support.
Keep up with what's happening in the crypto world in real-time.
The price of TRON (TRX) is under renewed selling pressure after falling below the $0.22 support.
TRON founder Justin Sun has teased a possible integration of TRX within the Solana ecosystem. Sun stated in a March 18 post on X that TRX would soon be available on Solana while encouraging users to prepare for collaboration.
The TRX-Solana integration could enhance blockchain interoperability, reduce costs, and accelerate zero-fee transactions, boosting network utility. The post Justin Sun hints at TRX integration with Solana appeared first on Crypto Briefing.
Tron price is on a contrarian trajectory to the broader market as investors speculate what could be in store following Justin Sun's post.
As the overall cryptocurrency market begins to recover, Tron (TRX) appears bullish, with over a million dollars worth of traders' short positions on the verge of liquidation. Since the beginning of February 2024, TRX has been moving within a parallel channel pattern between $0.22 and $0.25.
What are the odds of TRX hiking on the charts over the next few days?
While BTC is struggling, some altcoins are witnessing positive growth in their network utility, active address count, whale activity, and social sentiment.
TRON cryptocurrency is incredibly popular among gamers in the gaming industry, casual games, and online casinos. Just a few months ago, it soared to a new price peak but has since lost half of its value.
Tonkeeper Pro, the upgraded version of the leading self-custody Tonkeeper wallet for The Open Network (TON) blockchain, now supports Tether (USDT) TRC20 tokens with no Tron (TRX) required, as per the latest updates shared with Finbold on Friday, March 14.
Tron founder Justin Sun is asking the crypto community about what is happening to Ethereum, against the backdrop of liquidations that reached $2.1 billion in the last two weeks. On Monday, Sun pointed out the network's high-leverage trading issues, which he deemed would cause losses to decentralized finance protocols using the blockchain.
The price of TRON (TRX) shows an erratic trading behavior.
TRX has been consolidating at key support, while whale activity hinted at upcoming market shifts.
Justin Sun, the founder of the Tron blockchain, recently took to X, formerly Twitter, to boast about how Tron just happens to be the only top crypto still in green since Trump took office.
TRON has shown a loss of momentum in recent sessions, consistently facing rejection around the $0.2510 resistance level. Technical indicators such as the RSI and MACD reflect signs of bullish exhaustion, with a bearish inclination that could trigger further corrections.
Justin Sun, a crypto billionaire and the creator of the Tron blockchain, has drawn the crypto community's attention to a major issue on Ethereum that he sees as dangerous for its near future.
TRON (TRX) maintains the tenth position among cryptocurrencies by market capitalization, despite the recent bear market trend.
The crypto market faced a challenging week, but the new week brings hope for recovery. Whether this rebound stems from broader market trends or individual network developments remains uncertain.
Tron founder Justin Sun is rippling with optimism over the future of Tron (TRX) as he eyes a new price level. According to Sun, TRX's price will reach a new all-time high (ATH) despite the current on-chain indicators and fundamentals around the asset.
Cambodia's central bank revokes Huione Pay's license over regulatory violations amid accusations of facilitating illicit transactions.
Litecoin (LTC) and Dogecoin (DOGE) have managed to stay above key support levels in the past couple of days despite the market's volatility, while Tron (TRX) is tagging a key resistance level as positive momentum picks up steam.
Tron (TRX) has been steadily consolidating in recent weeks, and technical indicators suggest that the cryptocurrency may be nearing a breakout rally. As the broader crypto market experiences recovery, Tron has managed to hold its ground, up by 1.5% in the past 24 hours.
TRON (TRX) shows bullish signals with analysts predicting a $1 target as network activity reaches new highs and stablecoin transfers dominate the ecosystem.
Renowned crypto analysts took the stage on Thursday, projecting a highly bullish outlook for TRX price ahead. Analyst ‘Ali Martinez' spotlighted a remarkable spike in TRON network activity as it scales new highs, whilst ‘Crypto Patel' revealed that a $1 price target is potentially achievable this bull cycle.
A new insight from an IntoTheBlock (ITB) chart tracks the number of Bitcoin, Tron and other altcoin holders in profit based on their purchase price. If a high percentage of addresses are in profit, it means the coin has performed well over time.