TRX has demonstrated remarkable stability in the midst of wider market volatility, establishing a higher negotiation range between $ 0.269- $ 0.273 with a significant volume support, according to the Coindesk Research technical analysis data model.
Resilience occurs as traditional markets fight with uncertainty about the growing commercial disputes between the main economies.
While Bitcoin and other cryptocurrencies experience price fluctuations, constant TRX performance suggests a growing institutional interest in blockchain networks with practical utility and strong transaction volumes.
TECHNICAL ANALYSIS
- TRX established a 1.25% negotiation range ($ 0.269- $ 0.273) during the 24-hour period, showing remarkable resilience with a solid purchase at key support levels.
- Significant volume volume (120 m+ units) during 09: 00-11: 00 hours coincided with the price increase of $ 0.270 to $ 0.273, forming a high volume support area. •
- At 23:00, they showed a renewed impulse in the volume higher than the average, which suggests an accumulation near the resistance level of $ 0.272.
- The Mini Capitulation event occurred at 01:24, with TRX, falling abruptly $ 0.2728 to $ 0.2721 at high volume (2.58m units).
- The strong support arose at $ 0.2719- $ 0.2720, with a substantial purchase volume (2.76 million units) during 01: 57-01: 58 the propellant prices of the period towards $ 0.2724.
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