Amid the widespread sell-off in the cryptocurrency market, the TRX token under TRON has fallen below the key support level of $0.30, with the current trading price approaching $0.29. This decline has been driven by volume-driven selling, exacerbating the downward trend. Meanwhile, geopolitical uncertainties and declining risk appetite have also put pressure on mainstream assets such as Bitcoin and Ethereum. Technical indicators show that TRX's upward momentum is weakening; if it fails to regain the $0.30 support level, it could further decline to $0.25. TRX's upside target remains at $0.32 to $0.33, but this depends on the overall recovery of the cryptocurrency market.

TRX0,71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)