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Tron (TRX) Faces Critical Resistance at $0.345 Amid Market Challenges

Tron (TRX) Faces Critical Resistance at $0.345 Amid Market Challenges

Author:
TRX News
Published:
2025-10-09 17:26:08
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As of October 2025, Tron (TRX) continues to face significant technical resistance at the $0.345 price level, struggling to maintain upward momentum despite overall market optimism. While established cryptocurrencies like Dogecoin and Tron encounter barriers, emerging projects like Digitap ($TAP) are gaining traction in the cross-border payments sector, which is projected to reach substantial market value. This divergence highlights the evolving cryptocurrency landscape where utility-driven projects are beginning to outperform meme-based assets in specific use cases.

Dogecoin and Tron Face Resistance While Digitap Gains Momentum in Cross-Border Payments

Dogecoin continues to struggle below the $0.27 resistance level, failing to capitalize on recent market gains. Similarly, TRON faces a key barrier at $0.345, with both assets showing limited upward momentum despite broader market optimism.

Meanwhile, Digitap ($TAP) emerges as a standout performer, riding the 'Uptober' wave with growing adoption in cross-border payments—a sector projected to reach $290 trillion by 2030. Analysts highlight its potential for outsized gains in the coming bull cycle.

Pro trader The Great Mattsby notes Dogecoin’s prolonged consolidation below the $0.25–$0.28 zone, suggesting a breakout above $0.27 could propel Doge toward $0.36. 'It just needs a bit more consolidation around $0.24,' he tweeted, underscoring the make-or-break technical level.

Tron Bulls Eye Breakout as TRX Consolidates Near $0.34

TRON's TRX shows signs of accumulation after weathering a July downturn, now trading at $0.339 with buyers controlling both spot and derivatives markets. Volatility compression to sub-1% levels—the lowest since early summer—typically precedes major price movements.

Market structure favors upside potential, with TRX holding firmly above its 60-day moving average. Negative spot netflows (-$5.86M) paradoxically signal strength, indicating exchange outflows as investors MOVE tokens into cold storage. The setup suggests a possible push toward $0.37 if current support holds.

Dogecoin Price Prediction 2025 — Can DOGE Hit $1 Amid Rising Whale Activity in TRON and Cardano?

Dogecoin (DOGE) is consolidating at a critical support zone between $0.24 and $0.25, sparking speculation of a potential rebound. Analysts note the meme coin's daily trendline support remains intact, with Trader Tardigrade highlighting early signs of a move toward $0.26–$0.27. Historical patterns suggest such rebounds have triggered 10–20% rallies.

Technical indicators reveal an ascending triangle formation, often a precursor to strong breakouts. Mikybull Crypto identifies resistance near $0.245, with higher lows signaling accumulation. Meanwhile, TRON (TRX) and Cardano (ADA) networks report increased whale activity, fueling broader market optimism.

The Ethereum-based presale market mirrors this speculative fervor, as investors chase early-stage opportunities. Whether DOGE can capitalize on the bullish sentiment to reach $1 hinges on sustained momentum and market participation.

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