Tron (TRX) has orchestrated an impressive recovery, bouncing back from last week’s dip of $0.07000 and regaining losses it incurred this month. As of the latest data from CoinGecko, the TRX price currently stands at $0.076, despite a minor 1.2% decline over the past 24 hours. This resurgence follows a decent seven-day rally that has seen TRX gain 5.4%. Delving into the technical analysis on a weekly timeframe, it becomes evident that TRON has been tracing an ascending support line since November 2022. This trajectory has been consistently validated through multiple instances, underscoring its significance. TRX price action today. Source: Coingecko Resistance Targets On Tron Radar Market analysts and enthusiasts are now setting their sights on potential price trajectories for TRX. Based on a comprehensive price analysis, bullish sentiment is prevailing as TRX bulls seem poised to take on the next resistance level at $0.080. TRX market cap currently at $6.8 billion. Chart: TradingView.com Meanwhile, a noteworthy development has emerged within the derivatives market, adding a new dimension to TRX’s ongoing journey. This development revolves around the concept of Open Interes ..
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