Tron retests 2022 highs despite overall market slump

Canada News News

Tron retests 2022 highs despite overall market slump
Canada Latest News,Canada Headlines
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

TRX's was an outlier and bullish amidst the overall market slump. The breakout level could offer bulls a re-entry chance, but only if BTC crosses these levels.

Source: TRX/USDT on TradingView

But the recent price pump crossed the bearish OB and mounted above 2022 highs of $0.093. However, with muted BTC price action, the move above the bearish OB could be a liquidity hunt, as illustrated by the long candlestick wick. But if BTC drops below $29.5k, TRX could ease further to the ascending trendline support or 50% Fib level of $0.0794.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ontario can fine bad landlords up to $250,000. It never does.Ontario can fine bad landlords up to $250,000. It never does.Just over one landlord a month was fined in Ontario between 2019 and 2022, data show
Read more »

Earning minimum wage not enough to afford an average apartment in 2022: reportEarning minimum wage not enough to afford an average apartment in 2022: reportNo one earning minimum wage was able to rent out an average apartment last year without spending more than one-third of their income on housing, a recent report has found.
Read more »

B.C.'s rural emergency room crisisB.C.'s rural emergency room crisisData shows a spike in locked doors, with some Vancouver Island health centres closing dozens of times in 2022.
Read more »

Shib: The Metaverse – as countdown begins, here’s what to expectShib: The Metaverse – as countdown begins, here’s what to expectThe Shiba Inu ecosystem's own metaverse has generated immense buzz ever since the creators shared a teaser of the project in January 2022.
Read more »

B.C.'s rural emergency room crisisB.C.'s rural emergency room crisisIn an email, Northern Health said it only “recently began tracking emergency department service interruptions and [did] not have this data readily available for previous years going back to 2019.”
Read more »



Render Time: 2025-02-24 23:19:29