{"id":21532,"date":"2025-04-10T15:33:01","date_gmt":"2025-04-10T15:33:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21532"},"modified":"2025-04-10T15:33:01","modified_gmt":"2025-04-10T15:33:01","slug":"trx-rallies-10-as-tether-mints-1b-on-tron-amid-global-trade-tensions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21532","title":{"rendered":"TRX Rallies 10% as Tether Mints $1B on Tron Amid Global Trade Tensions"},"content":{"rendered":"<div>\n<p>Amid growing trade disputes between major economies, cryptocurrency markets are showing mixed reactions, with Tron (TRX) demonstrating particular resilience. <\/p>\n<p>Tether&#8217;s recent minting of 1 billion USDT on the Tron network signals continued institutional interest despite market volatility.<\/p>\n<h2>Technical Analysis Highlights<\/h2>\n<p>TRX recovered from a 7.5% correction, rebounding from 0.221 on April 7th to reach 0.243 by April 10th.<\/p>\n<p>A clear double-bottom pattern formed around the 0.226-0.227 support zone, with significantly increased volume during the recovery phase, according to CoinDesk Research&#8217;s technical analysis model. <\/p>\n<p>The 48-hour analysis shows a decisive uptrend with higher lows and higher highs, establishing strong support at 0.238 and resistance at 0.242.<\/p>\n<p>Fibonacci retracement levels indicate the current rally has reclaimed the 61.8% level of the previous decline.<\/p>\n<p>Momentum indicators point to continued bullish sentiment as TRX approaches the key psychological level of 0.245.<\/p>\n<p>In the last 100 minutes of trading, TRX gained 0.6% from 0.241 to 0.242, forming a clear ascending channel pattern.<\/p>\n<p>Strong buying pressure occurred between 10:52-10:58, with TRX surging from 0.241 to 0.242 on higher-than-average volume.<\/p>\n<p>A brief pullback to 0.241 around 11:15 established a higher low, maintaining uptrend integrity.<\/p>\n<p>Fibonacci extension suggests 0.243 as the next target level, with immediate support at 0.241.<\/p>\n<p>Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to <a href=\"https:\/\/www.coindesk.com\/ethics\" target=\"_blank\">our standards<\/a>. For more information, see <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\" target=\"_blank\">CoinDesk\u2019s full AI Policy<\/a>. This article may include information from external sources, which are listed below when applicable.<\/p>\n<p>External References:<\/p>\n<p>TheNewsCrypto, &#8220;<a href=\"https:\/\/thenewscrypto.com\/3-more-altcoins-to-add-to-your-portfolio-if-you-bought-the-solana-sol-dip\/\" target=\"_blank\">3 More Altcoins to Add to Your Portfolio If You Bought the Solana (SOL) Dip<\/a>,&#8221; published April 8, 2025.\u200b<\/p>\n<p>Cryptopolitan, &#8220;<a href=\"https:\/\/www.cryptopolitan.com\/ai-predicts-22140-gains-for-mutuum-finance-mutm-405-for-shiba-inu-shib-but-says-to-sell-tron-trx-ripple-xrp-fast\/\" target=\"_blank\">AI Predicts 22,140% Gains For Mutuum Finance (MUTM) &amp; 405% For Shiba Inu (SHIB), But Says To Sell Tron (TRX) &amp; Ripple (XRP) Fast<\/a>,&#8221; published April 7, 2025.<\/p>\n<p>Bitcoinist, &#8220;<a href=\"https:\/\/bitcoinist.com\/xrp-to-flip-bitcoin-this-cycle\/\" target=\"_blank\">XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce<\/a>,&#8221; published April 8, 2025.\u200b<\/p>\n<p>Bitcoin Sistemi, &#8220;<a href=\"https:\/\/en.bitcoinsistemi.com\/new-statement-from-tron-trx-founder-justin-sun-on-fdusd-crisis\/\" target=\"_blank\">New Statement from Tron (TRX) Founder Justin Sun on FDUSD Crisis<\/a>,&#8221; published April 5, 2025.\u200b<\/p>\n<p>U.Today, &#8220;<a href=\"https:\/\/u.today\/tron-trx-may-flip-dogecoin-doge-soon\" target=\"_blank\">Tron (TRX) May Flip Dogecoin (DOGE) Soon<\/a>,&#8221; published April 8, 2025.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amid growing trade disputes between major economies, cryptocurrency markets are showing mixed reactions, with Tron (TRX) demonstrating particular resilience. Tether&#8217;s recent minting of 1 billion USDT on the Tron network signals continued institutional interest despite market volatility. Technical Analysis Highlights TRX recovered from a 7.5% correction, rebounding from 0.221 on April 7th to reach 0.243 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21532","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21532"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21532\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}