- Tron USDD stablecoin de-pegging heavily.
- Huobi’s internal strife shakes TRX prices.
- Volume increased by more than 200%.
Justin Sun’s Tron USDD-stablecoin is de-pegging heavily, scaring the users as they sense a possible collapse. USDD, which is meant to trade at $1, has dropped to $0.978 at press time, falling about 5% from its fixed value.
To add to it, reports suggest that Justin Sun’s Huobi Global’s internal friction has caused chaos in the market. Many expect that the internal employees can turn rebels and rug away users’ assets or can add a backdoor Trojan horse. In response, TRON (TRX) has taken a massive hit as the prices slipped by 8% in the past 24 hours.
ទិដ្ឋភាព Monoscopic
TRX prices have formed a rising parallel channel, and the current hit cracked open the lower range, marking a breakdown. All crucial EMAs hover above the price and flag bear signals. The volume records a tall bar suggesting massive sell-offs. OBV took a dump, showing the negative mindsets of the holders. If the drop persists and breaches the current support zone of $0.048, it may drop close to $0.003.
The CMF fell by face showing the beyond-control downfall. The MACD records a tall seller bar mirroring the selling pressure in the market. The RSI dives to the floor range and may even go oversold, looking at the selling trend that persists in the market. They collectively may suggest distrust among the holders and their motive to desert the token.
ទិដ្ឋភាពមីក្រូទស្សន៍
The recent action shows the fall to continue and negative emotions to flood. The CMF holds a spot below the baseline to depict the downtrend. The MACD continues to record ascending red bars showing bulky sell offs. The RSI drops to the oversold zone and holds a spot, unable to retrace to the average zone. The market shows red and faces heavy sell offs as the holders are furious as well as fear a collapse.
សន្និដ្ឋាន
The market is nearing a fiasco and requires immediate damage control. The holders are worried and selling under panic. The support zone of $0.048 is to be keenly watched for further breakdown.
កំរិតបច្ចេកទេស
កំរិតគាំទ្រ៖ ១.៥០ ដុល្លារនិង ១,៤០ ដុល្លារ
កម្រិត Resistance: ២,០០ ដុល្លារនិង ២.៥០ ដុល្លារ
ការមិនទទួលខុសត្រូវ
ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់តែគំនិតព័ត៌មានប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។
Source: https://www.thecoinrepublic.com/2023/01/06/suns-rays-burn-trxs-map-to-destination-prices-fall-beyond-control/