TRX Struggles at $0.278 Resistance as Trade Tensions Weigh on Markets

2 days ago |   readers | 1 mins reading
TRX Struggles at $0.278 Resistance as Trade Tensions Weigh on Markets

Global economic uncertainties are weighing on cryptocurrency markets as TRX consolidates following its recent failed breakout attempt.
The token, which established a trading range between $0.271 and $0.278, has shown resilience despite mounting trade tensions between major economies.
Tron’s blockchain continues to demonstrate strong fundamentals, processing over $1 billion in daily transaction volume while maintaining its position as the primary network for USDT circulation with over 70% market share.
Technical Analysis Highlights
Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable.
External References

This article is originated from the source

CoinDesk
Read Full Article
Published on Other News Site
cointelegraph Badgebitcoin Badgedecrypt Badgecryptonews Badgeu Badgebeincrypto Badgeblockworks Badgecoincodex Badge