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TRON’s $2.2T Quarter Fails to Lift TRX Above Key Resistance

TRON’s $2.2T Quarter Fails to Lift TRX Above Key Resistance

Photo: ETHNews

TRON processed $2.21 trillion in stablecoin settlement during Q3, but stronger network activity has not translated into sustained TRX price gains. TRX trades near $0.3299, below its 50-, 100- and 200-day moving averages, which form resistance between $0.3332 and $0.3351. RSI at 43.05 remains below neutral, indicating weak momentum despite tentative stabilization. TRON’s third-quarter results point to expanding stablecoin activity and institutional access, but its native token is approaching a critical technical test after failing to reclaim three major moving averages. TRX traded near $0.3299 on October 23, according to the daily Kraken chart on TradingView .

Source: ETHNews

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