The cryptocurrency market continues to exhibit volatility, with TRON (TRX) down 4% after recently capturing attention with a notable spike to near $0.26.
CoinGlass data highlights active derivatives trading, with high trading volume suggesting both bullish interest and potential distribution.
However, the daily volumes dip and decreased open interest at -16% with $225 million paints a picture of mixed sentiment.
If TRX revisits support levels, short-term primary targets will be around $0.23–$0.225.
Nonetheless, any correction might present a buying opportunity for investors eyeing TRXs broader potential in the evolving blockchain space.
AI-powered analytics platform Nansen has also recently pinpointed TronDAOs growth.
“Over the last 6 months, Tron has been regularly clocking in 7M–9M daily transactions. Thats not just healthy — it remains one of the more active networks in terms of transaction throughput,” Nansen posted.
Tron founder Justin Sun also recently hinted at the new pace of growth, noting in a post on X that this could drive adoption.
Crypto market outlook
The broader crypto market remains dynamic.
Analysts at QCP Capital see a bullish long-term flip.
“BTC has adopted a wait-and-see approach, consolidating within the $80k-$90k range. Near-term flows still show a bias towards downside protection, but further out, sentiment is turning bullish — highlighted by aggressive buying of $BTC 100k calls expiring in March 2026,” they shared via X.
This optimism, coupled with TRONs ecosystem growth, with billions in stablecoin transactions and hundreds of millions of users, could help TRX push higher.
What investors are likely to watch is the overall market sentiment.
If it remains cautious, with potential corrections in between, sell-off pressure might hinder bulls.
The post TRON price dips after spike to $0.26: is TRX poised for new losses? appeared first on CoinJournal.
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