NewsBTC
1 June 2025
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Tron Price Declines 5.48% in 48 Hours Amid Bearish Market Shift

Tron's price recovery has been steady since mid-March, reaching a local high above $0.28 in May. However, recent bearish sentiment in the altcoin market has created obstacles for TRX.

Market Dynamics

  • TRX experienced a dip of up to 5.48% within 48 hours due to increased selling pressure.
  • Analysis from CryptoQuant highlighted a shift in market sentiment from Taker Buy dominance to Taker Sell dominance.
  • The decline began around May 22nd and intensified, showing a transition in buyer-seller dynamics.

Tron

Investor Outlook

  • A continued negative trend in Cumulative Volume Delta (CVD) could indicate further price corrections.
  • Current on-chain activity remains neutral, reflecting investor uncertainty about TRX's future trajectory.
  • Increased sell pressure may lead to heightened volatility and potential liquidations.

As of now, TRX trades at $0.2656, with a slight 1% increase in the last 24 hours but down over 1% in the past week.

Tron