News

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