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Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure

NewsBTC LogoNewsBTC15h ago

Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure - NewsBTC

Quick Summary:

Related Reading: Ethereum Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns To confirm a breakout, bulls must decisively push the price above $0.28 with higher volume, which could open the door to a move toward $0.30 and potentially retest December’s highs near $0.36.

If buying pressure persists and price breaks above current resistance levels, Tron could stage a significant rally to catch up with the broader market.

Technical Analysis: Bulls Defend Higher Lows Above Support The daily chart for Tron shows that the asset is consolidating after a strong push toward the $0.28 resistance zone.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-24 @ 19:30:15 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Sentences: 73 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28942021

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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