Close Menu
Elon Musk Monitor
  • Home
  • Elon Musk
  • AI
  • Cybertruck
    • DOGE & Cryptocurrency
    • Financial & Business
  • Grok
    • Hyperloop & Urban Mobility
    • Innovations & Future Projects
  • Mars Colonization
  • Neuralink
    • Philanthropy & Humanitarian Efforts
    • Public Perception & Cultural Impact
    • SolarCity & Renewable Energy
  • SpaceX
  • Starlink
  • Tesla
    • The Boring Company
  • X

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Singaporean Crypto Investors Boost XRP Holdings to 17%: Report

May 25, 2025

Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Here’s How

May 24, 2025

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

May 24, 2025
Facebook X (Twitter) Instagram
Elon Musk Monitor
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Elon Musk
  • AI
  • Cybertruck
    • DOGE & Cryptocurrency
    • Financial & Business
  • Grok
    • Hyperloop & Urban Mobility
    • Innovations & Future Projects
  • Mars Colonization
  • Neuralink
    • Philanthropy & Humanitarian Efforts
    • Public Perception & Cultural Impact
    • SolarCity & Renewable Energy
  • SpaceX
  • Starlink
  • Tesla
    • The Boring Company
  • X
Elon Musk Monitor
Home » Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure
DOGE & Cryptocurrency

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

elonmuskBy elonmuskMay 24, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

While Bitcoin and other major cryptocurrencies have surged to new all-time highs, Tron (TRX) has remained in a tight consolidation range. Despite the broader market’s bullish momentum, TRX is still trading nearly 66% below its early December peak. However, this lagging price action has not gone unnoticed—investors and analysts are increasingly watching Tron as a potential breakout candidate.

Related Reading

As one of the top-performing Layer-1 blockchains over the past year, Tron’s fundamentals remain strong. The network continues to lead in stablecoin settlement volume and user activity, positioning it well for renewed upside if altcoins follow Bitcoin’s lead. Recent on-chain data from CryptoQuant adds to the optimism: the Buy/Sell Pressure Delta, which measures net buying or selling activity over the past 90 days, shows that TRX has re-entered a buying pressure zone.

Historically, this signal has preceded bullish price movements, especially when combined with strong fundamentals and improving market sentiment. If buying pressure persists and price breaks above current resistance levels, Tron could stage a significant rally to catch up with the broader market. For now, all eyes are on whether this fresh demand can spark TRX’s next leg higher.

Tron Holds Strong As Bullish Momentum Rebuilds

Tron (TRX), one of the most resilient altcoins in recent years, continues to show strength despite a challenging environment for most non-Bitcoin assets. Since late 2022, TRX has followed a steady uptrend, defying broader market corrections and maintaining strong on-chain fundamentals. Now, the asset consolidates near critical technical levels, preparing for what could be its next leg upward.

Although Bitcoin has clearly led the current cycle—hitting new all-time highs and attracting the majority of capital—many altcoins like Tron are still lagging. This divergence has led several analysts to question whether an altseason is still on the table. Most believe this is a Bitcoin-dominant cycle, especially given the inflow to BTC ETFs and macroeconomic uncertainty. However, hope remains for a rotation into altcoins.

Supporting that optimism, CryptoQuant insights reveal that TRX has returned to a buying pressure zone. The Buy/Sell Pressure Delta shows a clear transition out of the selling pressure area. Demand is once again exceeding supply, favoring bulls.

 

Tron Buy/Sell Pressure Delta | Source: CryptoQuant on X
Tron Buy/Sell Pressure Delta | Source: CryptoQuant

Importantly, TRX has not yet reached the historical thresholds that typically precede price tops. This suggests that there is still room for growth before caution sets in. If the broader market supports a rotation, Tron could emerge as a standout Layer-1 performer once again, especially as traders search for strong setups beyond Bitcoin.

Related Reading

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. Price action has maintained a clear bullish structure since early April, with higher lows forming consistently along the 34-day EMA ($0.26), which now acts as dynamic support. The 50, 100, and 200 SMAs are all trending upward and tightly aligned beneath the current price, signaling long-term bullish alignment.

TRX price consolidates above key levels | Source: TRXUSDt chart on TradingView
TRX price consolidates above key levels | Source: TRXUSDT chart on TradingView

TRX remains in a short-term consolidation range between approximately $0.26 and $0.28. The price recently tested this upper boundary twice but failed to break through with strong momentum. However, support at $0.26 has held firmly, suggesting buyers are still in control.

Related Reading

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. On the downside, losing $0.26 would weaken this setup and likely trigger a drop toward the $0.2430 region, where the 100 SMA currently sits.

Featured image from Dall-E, chart from TradingView



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
elonmusk
  • Website

Related Posts

Singaporean Crypto Investors Boost XRP Holdings to 17%: Report

May 25, 2025

Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Here’s How

May 24, 2025

Best Crypto to Buy as Bitcoin’s Largest-Ever Options Expiry Set to Push the King Crypto over $110K

May 24, 2025
Leave A Reply Cancel Reply

Don't Miss
Cybertruck

Tesla Cybertruck police truck donor revealed

A batch of Tesla Cybertrucks were recently revealed to be a donation to the Las…

Tesla upgrades its ridiculous Cybertruck wiper after owners report issue

February 27, 2025

Tesla Cybertruck contract with State Dept. may have been modified after Biden admin

February 26, 2025

This Tesla Cybertruck feature helped it earn a ‘Best Tech’ award

February 25, 2025
Top Posts

Singaporean Crypto Investors Boost XRP Holdings to 17%: Report

May 25, 2025

Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Here’s How

May 24, 2025

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

May 24, 2025

Best Crypto to Buy as Bitcoin’s Largest-Ever Options Expiry Set to Push the King Crypto over $110K

May 24, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Elon Musk Monitor, your go-to source for comprehensive, up-to-date information on the life, work, and innovations of one of the most influential figures in the world today—Elon Musk. Our mission is to keep you informed about Musk’s ventures and projects, ranging from electric vehicles to space exploration, and everything in between. Whether you’re a tech enthusiast, investor, or simply curious about Musk’s impact on the world, we’ve got you covered.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Singaporean Crypto Investors Boost XRP Holdings to 17%: Report

May 25, 2025

Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Here’s How

May 24, 2025

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

May 24, 2025
Most Popular

How I met my partner on X/Twitter

February 8, 2025

DOGE staffer resigns after racist posts uncovered. Elon Musk might bring him back.

February 9, 2025

OpenAI accuses DeepSeek of stealing data, internet digs into the ‘irony’

February 9, 2025
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 elonmuskmonitor. Designed by elonmuskmonitor.

Type above and press Enter to search. Press Esc to cancel.