Key Highlights:

• TRON (TRX) has surged 4.8% in just 24 hours, establishing a new support level at $0.273, reaching a peak of $0.276.
• Easing US-China trade tensions due to a recent policy agreement is positively impacting market sentiment amidst ongoing volatility.
• In a significant development, TRON now surpasses Ethereum in total USDT circulation, holding $73.8 billion compared to Ethereum’s $71.9 billion.

Market Overview

The cryptocurrency market is reflecting mixed signals as geopolitical changes present both opportunities and challenges for digital currencies.

Technical Analysis

• TRX showed strong performance with a 4.8% rise from $0.264 to $0.276, followed by a slight downturn to $0.273.
• Notable support established at $0.265 during peak trading periods.
• Prices are stabilizing in the range of $0.273 - $0.274, with signs of gradual buying at lower levels.

Disclaimer: This article used AI tools for generation and was reviewed for factual accuracy in accordance with editorial standards.