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TRX shows signs of potential reversal with USDT surge

Tron price heatmap signals a potential local bottom. TRX has declined from 0.45 USD to 0.22 USD in three weeks. Analyst Burak Kesmeci suggests this may signal a trend reversal, with current data suggesting that if Tron holds, an upward momentum could start.

USDT supply on Tron’s blockchain has reached 61.67 billion USD, marking a 28.7% increase in 2024. This growth highlights Tron’s competitive position among crypto platforms. If this trend continues, TRX could see demand pushing its price upon identifying and sustaining resistance at around 0.23 USD.

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