TRON (TRX) Price Prediction: Traders Eye $0.36 and $0.42 as Next Major Resistance Levels
The post TRON (TRX) Price Prediction: Traders Eye $0.36 and $0.42 as Next Major Resistance Levels appeared on BitcoinEthereumNews.com. TRX coin is holding steady above key support at $0.30, with participants watching closely to see if momentum can fuel the next breakout move. Despite recent swings in the broader market, TRON TRX has shown steady strength by defending its $0.30 to $0.32 range. This stability has caught the eye of market watchers who are watching closely for signs of a breakout attempt on TRX coin. TRON Price Outlook: Bulls Defend $0.30 Support TRON TRX is consolidating above the $0.30 to $0.32 support zone, a level that has repeatedly acted as a foundation for bullish moves. Holding this base gives room for an extension toward $0.42 and possibly $0.50, while failure to defend could expose $0.28 as the next stop. TRX holds firm above the $0.30 support zone, building a higher-low structure that signals steady accumulation. Source: TraderLenny via X The weekly chart highlights a steady higher-low structure, suggesting underlying accumulation. Momentum is showing that there is still room for upside before conditions become stretched. Crypto analyst TraderLenny views TRON’s higher timeframe chart as one of the cleaner bullish setups among major altcoins. Market Reacts Cautiously to TRX Coin News Fresh reports from AssembleAI, citing Bloomberg data, suggest Justin Sun may control as much as 64% of TRON’s circulating supply. This concentration has raised eyebrows in the market, as it gives one individual significant influence over the TRX coin’s liquidity and potential price action. For investors, the development injects a layer of caution into what has otherwise been a constructive technical setup. While some argue that Sun’s dominance reduces risks of selling, critics warn it could limit TRON’s decentralization and transparency. For now, the market hasn’t reacted sharply, but such headlines often weigh on sentiment over time. On-Chain Activity Supports Long-Term Strength Beyond governance debates, TRON’s on-chain activity stands out…
The post TRON (TRX) Price Prediction: Traders Eye $0.36 and $0.42 as Next Major Resistance Levels appeared on BitcoinEthereumNews.com.
TRX coin is holding steady above key support at $0.30, with participants watching closely to see if momentum can fuel the next breakout move. Despite recent swings in the broader market, TRON TRX has shown steady strength by defending its $0.30 to $0.32 range. This stability has caught the eye of market watchers who are watching closely for signs of a breakout attempt on TRX coin. TRON Price Outlook: Bulls Defend $0.30 Support TRON TRX is consolidating above the $0.30 to $0.32 support zone, a level that has repeatedly acted as a foundation for bullish moves. Holding this base gives room for an extension toward $0.42 and possibly $0.50, while failure to defend could expose $0.28 as the next stop. TRX holds firm above the $0.30 support zone, building a higher-low structure that signals steady accumulation. Source: TraderLenny via X The weekly chart highlights a steady higher-low structure, suggesting underlying accumulation. Momentum is showing that there is still room for upside before conditions become stretched. Crypto analyst TraderLenny views TRON’s higher timeframe chart as one of the cleaner bullish setups among major altcoins. Market Reacts Cautiously to TRX Coin News Fresh reports from AssembleAI, citing Bloomberg data, suggest Justin Sun may control as much as 64% of TRON’s circulating supply. This concentration has raised eyebrows in the market, as it gives one individual significant influence over the TRX coin’s liquidity and potential price action. For investors, the development injects a layer of caution into what has otherwise been a constructive technical setup. While some argue that Sun’s dominance reduces risks of selling, critics warn it could limit TRON’s decentralization and transparency. For now, the market hasn’t reacted sharply, but such headlines often weigh on sentiment over time. On-Chain Activity Supports Long-Term Strength Beyond governance debates, TRON’s on-chain activity stands out…
What's Your Reaction?
