What to know:
- Oh, the drama! US-China trade tantrums are shaking crypto markets like a snow globe, making TRX do loop-de-loops and tumbleweeds. šŖļø
- Tronās USDT is so popular, itās wandering around with a staggering $73.8 billionāmaking it the chart-topper in stablecoin land. Big deal! š
- Big shot investors are sneaking around, grabbing TRX like kids in a candy shop, thanks to sneaky regulatory shiny-pegs that make everything look brighter. World Liberty Financial even joined the partyāhats off! š©
The whole worldās economic headaches are pounding on the crypto door, but TRX is standing there, stubborn as a mule, trying to break out but only managing to do a little dance between $0.271 and $0.278. Poor thing. š
Meanwhile, Tronās blockchain is like a super-powerful factory, churning out over a billion dollars in transactions a day. And guess what? It still holds the crown with 70% of USDTās kingdom. Crowned and still reigning! š
Technical Nonsense
- TRXās daily rollercoaster rides happen mostly between $0.271 and $0.278ālike a seesaw with a 2.95% bounce. Whee! š¢
- It tried to break free at 5:00 AM with a loud bang (121.2M volume), hitting $0.278, but no sir, it didnāt stick the landing. š„
- Resistance at around $0.277-$0.278 is like a stubborn bull, while $0.271 is its trusty safety net, tested twice with increasing āplease donāt fallā volume. š
- Price sort of shrugged and chilled around $0.273ājust a little midpoint napping in the action. š¤
- Last hour? Boom! TRX roared from $0.271 to $0.272, riding the bullish wave like a surfing duck. š¦š
- At 13:34, volume zoomed to 5.4M as TRX jumped from $0.270 to $0.271ālook at it go! šāāļøšØ
- Between 13:55 and 14:00, it sped up again, reaching $0.272620 and making everyone go āWow!ā (or maybe just yawning). š“š¤Ŗ
- Even when it dipped back to $0.272052, brave buyers kept it afloatāthink of it as a tiny life raft for coins. š£āāļø
- Closing at $0.272442, up a tiny 0.5%, which in crypto world is basically a moonshot. š
- The big volume jump during the breakout? A clear sign that TRX might just keep trying to leap higherābecause why not? š¤·āāļø
More Gossip and Gossipers
- “Tron (TRX) and Mutuum Finance (MUTM) Aim for $0.60 in the Next Two Monthsābecause who doesnāt love a goal?” ā Cryptopolitan, May 15, 2025.
- “Will Tron reach $1? Maybe, maybe not. Stay tuned, or just blink very hard.” ā Cryptopolitan, May 16, 2025.
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2025-05-16 20:28