Tron (TRX) appears to be on the verge of a bullish move on Friday as it consolidates between support at $0.2704 and resistance at $0.2751. A technical buy signal on the 4-hour chart reflects rising activity on the Tron blockchain, whose transactions have almost doubled since 2023.
Bitcoin (BTC) price edges slightly higher, trading near $104,700 at the time of writing on Thursday, after stabilizing above a key level, the 50-day Exponential Moving Average (EMA) at $103,100. A breach below this level could trigger a sharp fall in BTC.
Bitcoin (BTC) tested support at $100,372 last week on June 5, in the aftermath of Elon Musk’s criticism of Trump’s spending bill and the public spat that followed.