Tron (TRX) Defies Market Bears

Krutika Adani

Strongly Bullish

Despite a fall in the broader markets TRX has gained 2% in the last 24 hours.

Aims For $0.223

If the current levels i.e., $0.1573 hold, Tron might soon aim for $0.223 according to technical charts.

Factors Supporting Growth

Tron has the second largest pool of on-chain stablecoins and is next only to Ethereum in both stablecoin volume and TVL.

Is it Time to Buy?

Tron’s bullishness makes it a suitable candidate for accumulation in this market.

Future Outlook

Tron remains one of the most resilient cryptocurrencies and could prove to be a multi-bagger this alt season.

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