TRON (TRX) price drops 4% after brief rally: $0.35 support now in focus

Share

TRON has slipped lower in the past 24 hours after a short-lived attempt to extend its recent recovery. At press time, the token was trading around $0.3598, marking a decline of roughly 3.6% over the day. This decline places TRX back inside a tight consolidation zone, where both macro conditions and technical levels are now tightly aligned. Macro-driven sell-off weighs on TRX Notably, the TRX price decline has tracked a wider downturn across the crypto market, with Bitcoin falling about 3.36% over the same period. A key driver behind the broader risk-off tone has been sustained outflows from US spot Bitcoin exchange-traded funds. These flows have added pressure across major digital assets, with liquidity conditions tightening during the session.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles