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The price of TRON (TRX) has fallen below the 21-day moving average line. Cryptocurrency price analysis brought by Coinidol.com.

TRX has defended the $0.085 in the past few days. Can bulls front a recovery from the level?

The price of Tron (TRX), as with other cryptocurrencies, is influenced by a myriad of factors. Here are some of the primary elements affecting its valuation:

Blockchain sleuth ZachXBT says Slope Wallet founder Leal Cheung created a new project immediately after the hack.

Tron's OBV has been in a steady uptrend throughout 2023 and this suggested that the long-term rally was likely to continue for a while.

Staking is gaining traction as a preferred investment avenue for many. Here are the top 10 cryptos to stake in 2023.

After touching the $16.2 billion mark, Tron's TVL fell under $16 billion. TRX was also down by 2%.

The notable uptrend for TRX price in 2023 is remarkable during this extremely volatile year, while multiple altcoins take a critical hit. As the uptrend in TRON breaks a new resistance and continues the uptrend, the momentum rally will reclaim higher levels.

On-chain data shows that Tron (TRX) founder Justin Sun is suddenly relocating hundreds of millions of dollars worth of Ethereum (ETH). Crypto tracker Lookonchain initially spotted Sun's series of ETH transactions to the tune of $132 million.

Tron maintained its uptrend by bouncing off a support level at $0.0857. However, the on-chart indicators suggested this might be a pullback before further retracement.

TRX/USDT chart and technical analysis TRX/USDT has been in an uptrend since the start of this year despite major dips in the crypto market. However, the bullish trend line was broken after the NFP data was published yesterday. The price dropped below the 0.08749 support level after the NFP news.

Bitcoin cash was one of the big gainers to start the weekend, as the cryptocurrency ended a two-day losing streak. Overall, the momentum in the market was marginally higher, as traders continued to consume the latest U.S. nonfarm payrolls report. TRON also returned to the green on Saturday.

The Office of Foreign Asset Control (OFAC) under the Treasury has released an updated version of the specially designated nationals (SDN) list, featuring multiple alleged fentanyl traffickers from China along with their associated cryptocurrency addresses. These highlighted crypto addresses are connected to decentralized networks such as Bitcoin, Ethereum, and Tron.

Tron's Google Cloud integration represents a step in the right direction for the Tron blockchain. However, while this may be a huge step for the blockchain, TRX struggled to maintain momentum on the metrics and price front.

Starting from October 2023, users of the Prestmit platform will be able to top up their accounts with four new payment methods.

The price of TRON (TRX) has remained above the high of $0.085 in the uptrend. Cryptocurrency price analysis from Coinidol.com.

Sustaining an uptrend in 2023 is not a small feat in the crypto market, as the volatility and the bear market kept bulls under control. Nevertheless, the TRX price sustains a positive move, leading to a 65% YTD growth. With the recent reversal from the support trendline breaking above the $0.

Tron price started a fresh increase above the $0.0865 level against the US Dollar. TRX price is now trading above $0.0880 and the 55 simple moving average (4 hours).

In the ever-evolving realm of cryptocurrencies, Tron (TRX) has emerged as a prominent player garnering the attention of investors and enthusiasts alike. TRX, short for Tronix, serves as the native cryptocurrency of the TRON Network, a blockchain-based decentralized platform with ambitious goals of revolutionizing the global digital content entertainment industry and simplifying data sharing.

BTC traded just over $27,600 in Asian afternoon hours on Tuesday, while Ether dropped 3.5% amid a dismal first day of ETH futures ETF trading in the U.S.

In the ever-evolving landscape of cryptocurrencies, two tokens have been making significant waves in recent weeks: $ROE and TRX. These digital assets have captured the attention of investors worldwide, and their meteoric rise in value is turning heads.

The Tron (TRX) DeFi ecosystem has experienced a notable surge in activity, signaling a substantial period of growth and development. This expansion isn't limited to the realm of decentralized finance alone; recent data underscores a correlated upward trajectory within Tron's TRX token staking ecosystem.

Tron's TVL has increased by more than 2% in the last 24 hours, suggesting growth in the DeFi space. TRX was also nearly up by 5% in the last 24 hours.

Tron (TRX) price continued its remarkable rally on Friday as demand for the coin jumped. It jumped to a high of $0.090, the highest level since July 22nd. It is approaching the year-to-date high of $0.094, making it one of the best-performing major cryptocurrencies this year.