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With astonishing volatility, the market has been moving upward and downward. This could be noticed since the recent news concerning the US Securities and Exchange Commission (SEC) came in. However, TRX has refused to keep declining further, even with the fear, uncertainty, and doubt enveloping the global crypto market.
The response to Trust Wallet’s statement regarding the integration of TRON DAO V2 staking is what caused TRX’s fall to come to an end. Binance’s Trust Wallet is a cryptocurrency wallet that promotes quick token deposits and withdrawals. As a result of the integration, Trust Wallet users can now stake TRX without the need for a third-party application.
Key TRON Levels To Watch – June 19
Resistance Levels: $0.07960, $0.08870, $0.10780
Support Levels: $0.06550, $0.05540, $0.04970
The market’s trend resumes in alignment with the overall trend. The overall trend has been bullish since prices began to rally alongside a rising trendline. The rising trendline emerged from the discount zone when the TRXUSD was underpriced.
.@trondao staking V2 has officially been integrated to #TrustWallet! 💙
— Trust Wallet (@TrustWallet) June 16, 2023
Start staking $TRX now in just a few simple steps. Here’s how👇 pic.twitter.com/bWqsDZ2dtg
The irresistible buying pressure in the market shows that TRXUSD is strongly dominated by the bulls. Following the liquidity sweep below the $0.06680 low, the price bounced off the $0.06550 support and faced upward in alignment with the overall trend.
TRON Key Levels
Total Market Capitalization: $1.07T
TRON Market Capitalization: $6.28B
TRON Volume: $0.13B
Market Rank: #9
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