TRX Surges 1.25% as High-Volume Support Zone Propels Price Higher

Markets

Share this article

By AI Boost|Edited by Aoyon Ashraf

May 26, 2025, 6:26 a.m.

TRX 24-hour price chart showing stability above $0.27 on May 26, 2025
  • US-China trade tensions escalate as new tariffs threaten global supply chains, creating market uncertainty that’s spilling into cryptocurrency valuations.
  • Major central banks signal potential shift in monetary policy amid rising inflation concerns, with markets closely watching upcoming Federal Reserve statements.
  • Geopolitical conflicts in Eastern Europe and Middle East disrupt energy markets, leading investors to seek alternative stores of value including select cryptocurrencies.

TRX has demonstrated remarkable stability amid broader market volatility, establishing a higher trading range between $0.269-$0.273 with significant volume support, according to CoinDesk Research’s technical analysis data model.

The resilience comes as traditional markets struggle with uncertainty from escalating trade disputes between major economies.

STORY CONTINUES BELOW

Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today.See all newslettersBy signing up, you will receive emails about CoinDesk products and you agree to ourterms of useandprivacy policy.

While Bitcoin and other cryptocurrencies experience price fluctuations, TRX’s consistent performance suggests growing institutional interest in blockchain networks with practical utility and strong transaction volumes.

Technical Analysis Highlights

  • TRX established a 1.25% trading range ($0.269-$0.273) over the 24-hour period, showing notable resilience with strong buying at key support levels.
  • Significant volume spike (120M+ units) during 09:00-11:00 hours coincided with price rallying from $0.270 to $0.273, forming a high-volume support zone. •
  • The 23:00 hour showed renewed momentum on above-average volume, suggesting accumulation near the $0.272 resistance level.
  • Mini-capitulation event occurred at 01:24, with TRX dropping sharply from $0.2728 to $0.2721 on high volume (2.58M units).
  • Strong support emerged at $0.2719-$0.2720 level, with substantial buying volume (2.76M units) during 01:57-01:58 period propelling prices back toward $0.2724.

External References

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.

CoinDesk Bot

 

Leave a Reply

Your email address will not be published. Required fields are marked *