![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Tron (TRX) Is Back in the Spotlight as It Tests a Critical Resistance Zone
May 08, 2025 at 06:57 pm
Tron (TRX) is back in the spotlight as it tests a critical resistance zone around $0.25. Despite repeated rejections from this level over the past few months
Tron (TRX) is back in the spotlight as it tests a critical resistance zone at $0.25. This level has seen five previous rejections from
trx/usd in recent months, as highlighted in the chart above.
Zone 1 saw the sharpest price drop of 19% to $0.21 after failing at $0.25, while Zones 2 and 3 triggered smaller pullbacks.
This zone has proven to be a reliable selling zone for swing traders. However, the current setup is notably different.
Trx coin has established a strong ascending trendline since mid-March, marking consistent higher lows—a signal of bullish accumulation.
The test of $0.25 occurs with clear structural support underneath, increasing the odds of a breakout. A confirmed daily close above $0.255 with volume would validate a breakout, setting targets at $0.28–$0.30.
Conversely, if trx fails here again and breaks below the ascending trendline (~$0.245), expect a pullback toward $0.235 and potentially $0.21.
On-Chain Analysis: Whales Hold Steady, Network Robust
Whale activity, visualized in the large holders netflow chart, indicates minimal changes in holdings. After major inflows earlier in the year, recent data shows a net positive inflow of around 126 million Tron crypto, with whales increasing their holdings slightly over the past month.
Ownership data confirms that whales control nearly 72% of trx coin price supply, with no signs of distribution.
Liquidity remains solid. Token volume peaked at $2.75 billion in January but has since cooled to around $500 million to $700 million daily.
While momentum is subdued, the liquidity base remains strong, supported by TRON’s (TRX) TVL of $5.1 billion and its near-total dominance in the TRX/USDT stablecoin market.
Derivatives metrics add to the cautious optimism. Open interest has stayed stable between $220 million and $240 million, and funding rates have recently flipped positive, suggesting growing interest from long traders. The lack of major liquidations in recent weeks indicates a balanced market without excessive leverage.
Active account data shows consistent user engagement, with 2.5 to 3 million daily active accounts—a crucial sign of organic network demand.
In summary, the on-chain picture shows no red flags. Whales are holding firm, liquidity is deep, and user engagement remains high. While the immediate trigger for a breakout is missing, the foundation for a sustained move is solid.
The USDT data supports this, showing that TRON remains the top blockchain for USDT, with over $73 billion in stablecoin market cap and 99%+ dominance. This deep USDT integration ensures high liquidity and constant network usage, making TRON’s fundamentals even stronger.
Conclusion:
TRON’s technical chart signals a familiar battleground at $0.25 to $0.26, with historical resistance holding strong. However, this time the backdrop is different: the ecosystem has matured, liquidity is deep, and whale confidence is intact.
While volume needs to ramp up to break through resistance decisively, the overall outlook leans cautiously bullish.
Traders should keep a close watch on volume spikes and any daily close above $0.26 as confirmation for a move toward $0.30 in the coming month.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.