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CLARITY Act Wins Crucial 15-9 Senate Vote: Ripple Exec Cheers

By | Edited By Sahana Kiran,,

The crypto industry has spent years asking for rules. Now, the CLARITY Act may finally offer them. Ripple, the San Francisco blockchain company, is backing the legislation as it kinda moved out of the Senate Banking Committee, and not in a small way. The bill cleared the chamber on Thursday with a 15-9 bipartisan tally.

Ripple Chief Legal Officer Stuart Alderoty called the committee decision a “monumental outcome” for digital assets. Writing on X, he said the vote showed that Washington now understands the need for clear rules in the crypto market.

Alderoty also gave thanks to Senators Tim Scott, Angela Alsobrooks, Bernie Moreno, and Ruben Gallego for helping move that legislation forward, basically. It was, in a way, a kind of nudge along the process.

Also Read: Bitcoin Tops $80K Ahead of US Senate CLARITY Act Vote

CLARITY Act Gains Powerful Industry Support

Ripple CEO Brad Garlinghouse kind of framed the CLARITY Act as a kind of safeguard that everyday investors really need. He said that millions of Americans already own digital assets, and they do deserve protections that look a bit like what you find in more traditional markets. In other words, it’s about making sure the little guys aren’t left holding the bag, while everything moves so fast.

Source: Google

Garlinghouse also defended the bill against the criticism coming from certain parts of the crypto community. Some industry voices say that the legislation doesn’t go far enough. Charles Hoskinson criticized Ripple’s support of the proposal, too, and he argued that the overall framework is still pretty weak across a few key areas.

Garlinghouse took a more practical position. He said waiting for a perfect bill could delay regulation for years. According to him, the industry needs workable rules now so innovation can continue to grow in the United States.

CLARITY Act Sparks Debate Across Crypto Industry

The committee vote revealed both support and division. All 13 Republicans on the committee backed the measure. Democratic Senators Ruben Gallego and Angela Alsobrooks crossed party lines to support the bill, while nine Democrats voted against it.

Among the critics was Elizabeth Warren, who has repeatedly raised concerns about crypto regulation and investor risk. The final version of the bill included compromises aimed at winning bipartisan support. Those changes triggered criticism from decentralized finance advocates, who fear the legislation could weaken protections for DeFi innovation.

Even so, much of the broader crypto industry celebrated the vote. Brian Armstrong described the committee decision as a “historic day for crypto,” signaling growing momentum for federal digital asset regulation in the United States.

Also Read: XRP Price Prediction: Will XRP Hit $1.50 in May Amid CLARITY Act Buzz?

Gemini Revenue Jumps 42% in Q1 as Credit Card Business Expands

By | Edited By Sahana Kiran,,

Gemini revenue increased considerably in the first quarter of 2026 as the cryptocurrency firm expanded its operations to include financial services beyond cryptocurrencies. For Q1, Gemini recorded revenues totaling $50.3 million, reflecting 42% growth compared to the corresponding period in the previous year amid low trading volumes on crypto exchanges.

Gemini Q1’2026 Revenue
Source: Gemini’s X Post

The firm, founded by Cameron Winklevoss and Tyler Winklevoss, said its growing financial services business played a major role in the company’s quarterly performance.

While Gemini’s income saw an upward trajectory, the business unit witnessed a drop-off in exchange operations. Income from transactions was relatively stagnant at $24 million, but crypto exchanges saw their income fall by 27% year-on-year to $17.2 million.

The trading volumes on Gemini also decreased significantly, dropping from $13.5 billion in Q1 2025 to $6.3 billion in the most recent quarter.

Also Read | Avalanche Price at $10.12 Surges Amid Avalanche Ecosystem Boom

Gemini Revenue Boosted by Credit Card Growth

Gemini’s credit card business was the major contributing factor to Gemini’s growing revenue stream, as its credit card revenue grew almost 300 percent to $14.7 million with increased customer numbers using their Gemini Credit Card.

Gemini ventured into the financial services industry for the first time in 2021 with products for consumers, including crypto reward credit cards. Over time, Gemini revenue has continued to emphasize providing non-crypto exchange services.

According to the company, services and interest income form almost half of the total revenue, which indicates the criticality of the diversification strategy for Gemini’s revenue generation.

Gemini President Cameron Winklevoss stated that the company expects the momentum from its diversified business strategy to continue growing in future quarters.

This is part of an overall trend in the cryptocurrency sector. Coinbase has ventured into stock and ETF trading, whereas Kraken has concentrated its efforts on derivatives trading and M&A activities centered around non-cryptocurrency securities products.

In addition to increased revenue from Gemini, the company also noted a substantial rise in expenditures. Operating expenditures grew by 73%, reaching $144.5 million for the quarter.

Gemini cited the following reasons behind the growth in expenditure: higher labor costs, marketing expenses, and expenditures related to the company’s expansion into credit cards.

Because of increased expenses, the adjusted EBITDA loss was reported at about $60 million in Q1. There was also a $100 million strategic investment made in Gemini by Winklevoss Capital, which is funded by Bitcoin for 7.1 million common shares.

Gemini Expands Into Derivatives and Financial Services

April of 2026 witnessed Gemini revenue getting licensed by the Commodity Futures Trading Commission as a Derivatives Clearing Organization, thereby becoming one of the select crypto-native firms in the United States holding licenses for Designated Contract Market as well as DCO.

The firm claims that the new license represents progress toward its goal of becoming a complete financial market platform, providing cryptocurrency trading, derivatives, predictions, and much more.

Following the earnings announcement, shares of Gemini (GEMI) gained 6.9% in the extended session and closed at $4.92, even though the stock is down 47% year to date, according to Google Finance.

Recently, Coinbase announced its first-quarter revenue at $1.41 billion, down 31% year-on-year, while reporting a net loss of $394 million. The company highlighted that derivatives, stablecoins, and prediction markets have been driving growth, compensating for low crypto trading volumes.

Also Read | TRON Price Surges to $0.3546: 4 Optimistic Signs Supporting the Rally

Trump Purchases MARA Holdings Shares in Q1 Filings Disclosure 

By | Edited By admin,,

Financial disclosure filings from the U.S. Office of Government Ethics indicate that former President Donald Trump acquired shares of MARA Holdings during the first Q1 of 2026. The documents cover January through March and outline broad securities activity across multiple major U.S. companies, including Microsoft, Meta, Oracle, Broadcom, Goldman Sachs, and Bank of America.

The filing from the Office of Government Ethics says that Trump’s total securities transactions during the reporting period totaled around $220 million and $750 million. There was a variety of major companies involved in the process, including both individual securities and index-linked products, although details of exact executions were omitted.

Also Read | SHIB Price Analysis: Falling Wedge Breakout Hints at 6x Move to $0.000030

MARA Holdings and Crypto Market Exposure in Trump Portfolio

In addition to other assets, MARA Holdings mentioned in the disclosure filings. The company is connected with the cryptocurrency space and Bitcoin mining operations, although Trump does not own any crypto-related assets directly in his portfolio.

A post on X by LuxAlgo highlighted new U.S. ethics filings involving Donald Trump and MARA Holdings. The report includes the period between January and March 2026, with multiple purchases executed during that time, according to the filing.

MARA Holdings filing
Source: LuxAlgo’s X Post

Detailed Trading Activity Across Crypto-Linked Stocks

According to the additional disclosure documents, numerous transactions took place in the shares of Coinbase, Strategy, Block Inc., Robinhood, and SoFi Technologies. According to the disclosure documents, the filing includes nine Coinbase transactions, as well as several transactions with MARA Holdings. According to the filing documents, crypto exposure is minor compared to the number of transactions over 2,000 during the reporting period.

MARA Holdings
Source: LuxAlgo’s X Post

Donald Trump’s financial filings also include acquisitions in other index funds and technology-linked investments. The​‍​‌‍​‍‌ disclosure left the individual trading decisions made by family members unassigned, it confirms general participation across equity index funds and technology-linked investment instruments’ record ​‍​‌‍​‍‌filings.

Also Read | INJ Price Breakout Targets $51 as MACD Signals Strong Bullish Reversal

AAVE Price Climbs 4% As Falling Wedge Signals Breakout Setup

By | Edited By Messam Raza,,

AAVE is trading at $99.48 according to CoinMarketCap, showing a 4.05% rise in the past 24 hours and a 9% increase over the last seven days. The AAVE price has started to bounce back after quite some time of stagnation in the DeFi market.

AAVE price chart

Source: CoinMarketCap

The increased interest can be seen as the volume starts to climb gradually. However, this increase seems to be because of short-term traders returning to the market. There is a price squeeze developing in Aave, and this usually occurs when an asset is about to make a significant break.

The consistency in gains indicates that there is accumulation going on rather than trading from speculation. Investors are monitoring the $95 support area, which has acted as a bottom so far.

Also Read: CFTC Takes No Action on Prediction Markets as Regulatory Battle Heats Up

AAVE Price and Falling Wedge Compression

From the one-day chart of Aave, there has been a downtrend over the long term from the moment of the major peak in the market. There is a tendency for the AAVE price to continue moving on the downward trend, forming a consistent pattern of lower peaks and troughs.

Eventually, the trend will turn into a falling wedge. The significance of this trend lies in the AAVE price prediction since it demonstrates that, despite the downtrend, there is less selling pressure.

AAVE Price and Falling Wedge Compression

Source: X

The price’s movement to the upper boundary of the trend and its rejection result in a loss of momentum. Simultaneously, the bottom boundary has reduced the speed of the decline.

This situation has caused lower fluctuations in AAVE price, something that always precedes an uptrend or downtrend. This is why the traders have considered the current formation a pivotal level, owing to the fact that the price is hovering around the top of the formation.

Any attempt by buyers to drive the AAVE price above resistance, accompanied by increased volume, can result in a breakout. Otherwise, it may remain sluggish and sustain the downtrend till there is a reversal.

Aave Bug Bounty Expansion and Governance Update

Meanwhile, Bug bounties in the Aave protocol have been modified to ensure more safety in the ecosystem through multiple protocols.

The bug bounty will be rewarded higher for Aave v4 and Core Aave v3, with top bounty amounts rising to $5 million for critical bugs. The bug bounty program is divided into three different platforms, namely Immunefi, Sherlock, and Cantina.

It will help reduce confusion and ensure appropriate reward levels based on risk. The Core V3, V2, GHO, and infrastructure programs will remain within the scope of Immunefi, whereas the Aave V4 and Aptos programs will move to Sherlock and Cantina, respectively.

The DAO will be responsible for funding all the program areas from now onwards through one unified platform. This restructuring indicates the efforts made by Aave to become clearer, more streamlined, and more secure in its protocol.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Hyperliquid USDC Upgrade: Coinbase Leads AQAv2 Activation With USDC Alignment

Solana Price Holds Key $90 Support and $96 Resistance Limits Breakout Momentum

By | Edited By Messam Raza,,

Solana price is sustaining itself above crucial support zones while maintaining stability amid a brief recovery period. The SOL price remains range-bound inside a corrective pattern, and technical analysts are keenly following to identify any possibilities of a potential breakout from the current consolidation zone.

At the time of writing, SOL is trading at $93.52, showing a 2.44% increase over the last 24 hours. Daily trading volume reached $6.50 billion, while market capitalization stood at $53.54 billion, according to CoinMarketCap.

Solana price analysis

Source: CoinMarketCap

Also Read | Bitcoin Holds Above $80K as US 10Y Yield Reaches 4.4%

Solana Price Stays in Correction Phase

On May 14, 2026, a crypto analyst, More Crypto Online, pointed out that the current Solana price remains within the corrective pullback process and no significant change has been observed in the outlook compared to the previous analysis. The rejection of Solana at the $96 resistance area was anticipated.

The overall structure also indicates that there is still a possibility of an ABC corrective pattern. Nevertheless, the SOL price will require more gains from support to sustain short-term upside momentum.

SOL price analysis chart

Source: More Crypto Online’s X Post

Solana price is currently at support near the $90.25 level. For as long as it can remain above that level, there will be a potential for further price increases. The correction in price from its peak on May 12 continues to remain a corrective phase.

But there is still no strong support bounce, indicating that momentum should be improved before confirming the upcoming upward wave.

A fall below the SOL price at $90.25 can pave the way for a further decline to the next significant support level at $81.50, corresponding to those seen in late April.

Technical Signals for Solana Price Show Mixed Strength

Based on the technical analysis of Solana price, it can be observed that buying pressure is present; however, buying momentum is weakening somewhat. The SOL RSI currently stands at 58.15, where its moving average is 58.64. As the RSI stays above 50, buying strength continues to be positive, albeit weaker compared to previous levels.

Technical Signals for Solana Price Show Mixed Strength

Source: TradingView

Meanwhile, MACD favors a bullish setup as well. MACD line trades above the signal line, and the histogram remains in positive territory. It implies that the bulls are still in charge, although the decreasing bars on the histogram show that buying pressure is losing steam.

Overall, the SOL price is currently experiencing a recovery trend, but it will depend on whether buyers can hold their ground and muster enough energy to make a new advance.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Dogecoin Price Prediction: Breakout Rally Could Extend Toward $0.20 Zone

Bitcoin On-Chain Analysis Signals $105K Move As Cycle Model Shows Rare 7th Historical Trigger

By | Edited By Messam Raza,,

Data from the on-chain analytics platform Alphractal showed Bitcoin On-chain analysis entering another critical stage in its long-term cycle structure after its Fibonacci-Adjusted Market Mean reached a level rarely seen in the asset’s history.

As observed by the firm, the occurrence of this ratio has been just seven occasions since 2015, and during all such occasions, the price has increased over the subsequent 12 weeks. According to the Bitcoin on-chain analysis model, the market might be experiencing an expansion period.

As per CoinMarketcap’s data, Bitcoin at the time of writing stood at $81,328, representing an increase by 2.46% from yesterday’s closing price, while its 24-hour trading volumes surged by 30% to $43.82 billion.

Bitcoin price chart

Source: CoinMarketcap

The Alphractal method applies the concept of the realized price, alongside Fibonacci growth curves, to recognize cycles within the Bitcoin market.

While the green and blue areas represent periods of accumulation, orange and red indicate peaks in 2013, 2017, and 2021. This structure is central to Bitcoin on-chain analysis and price prediction models tracking long-term cycle behavior.

Also Read: SUI Price Breaks Descending Channel as Momentum Builds Toward $4.20

Bitcoin On-Chain Analysis and Price Prediction Cycle Structure Still Points Higher

According to Alphractal’s research, Bitcoin continues its staircase-like trend, which has been unchanged throughout several cycles.

Following every bullish wave driven by halving, Bitcoin has traditionally experienced significant corrections before forming bottoms during bearish periods at levels much higher than previous ones.

In addition, the Bitcoin on-chain analysis and the price prediction indicate that this phenomenon can be explained through logarithmic growth.

Bitcoin On-Chain Analysis and Price Prediction Cycle Structure Still Points Higher

Source: Alphractal

Moreover, according to the analysis, Bitcoin remains in the upper-middle valuation category, and it is not located within the highly speculative red category that was associated with the previous cycle peak.

The asset’s prices have reached elevated levels, but no signs of market excess can be observed. The past cycles experienced high percentages since the Bitcoin market cap was lower at that time.

However, the growth is reducing because the influence of institutional players is shaping its behavior. There are indications of structural health from Bitcoin on-chain analysis and the price outlook.

Institutional ETF Flows Create Major Decision Zone

Meanwhile, CryptoQuant reported that the Bitcoin exchange rate is lower than the one that institutions assess Bitcoin based on their ETF Flow Impact Score (EFIS).

Currently, EFIS assesses the fair valuation of Bitcoin at $88,144 while the market price stands at approximately $79,277, meaning that the cryptocurrency is currently undervalued by 11.2% compared to the ETFs’ valuation of Bitcoin.

Institutional ETF Flows Create Major Decision Zone

Source: CryptoQuant

Starting from January 2024, it seems that the spot Bitcoin ETFs have already accumulated 1.394 million BTC, forming some sort of steady floor under the asset. From the technical standpoint, there are two main scenarios for the BTC price.

Institutional ETF Flows Create Major Decision Zone

Source: CryptoQuant

The first one is bullish and hinges upon a return above the $88,144 EFIS point, which would result in potential resistance near the $105,572 mark.

If Bitcoin fails to break out at this point, bearish pressure may force it towards the institutional support at $70,716, a region briefly violated in March-April.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: ZEC Price Outlook: Bulls Eye $400–$440 Zone for Potential Rebound

Avalanche Price at $10.12 Surges Amid Avalanche Ecosystem Boom

By | Edited By Messam Raza,,

Avalanche Price is experiencing new bullish momentum as ecosystem growth continues to improve and technical indicators, along with trader interest, are beginning to build back into the market.

Avalanche is a Layer 1 blockchain platform that provides fast transactions, is scalable, and supports DeFi, gaming and NFTs. The Avalanche project is developing its ecosystem through partnerships, and there seems to be increasing developer activity, which has helped create a positive market sentiment. At press time, Avalanche Price is trading at $10.12 with an increase of 3.69% over the past 24 hours.

Avalanche Price Remains Above Support of $9.88

According to the TradingView chart, it appears that the Avalanche is bouncing back after a period of downside pressure. The chart reveals that AVAX is holding above the key support level ($9.88) and gaining momentum above the psychological $10 barrier.

Bollinger Bands reflect increasing volatility, potentially preparing for an imminent significant price move. The 20-day moving average (approximately $9.52) is currently acting as short-term support, while the key breakout level ($10.29) is currently acting as significant resistance.

If buyers can continue to show momentum, Avalanche Price could potentially reach higher resistance levels over the next few trading sessions.

AVAX price analysis
Source: TradingView

Also Read: AVAX Price Prediction: Drastic 1.56% Rally Ahead

Avalanche Price Strength Grows After Ecosystem Update

Avalanche strength also grew following an Avalanche ecosystem update shared on the official Avalanche account via social media.

The update mentioned all of the growth that has occurred within the Avalanche Network, including gaming, DeFi lending, payments, NFTs, and DEXs.

This update shows that the network is still being developed and has seen more participation in the ecosystem than in previous years, which could create more long-term confidence among AVAX investors.

Avalanche Price has been showing signs of recovery due to both technical strength as well as ecosystem expansion, creating a positive outlook on the token. Even though the price has been volatile recently, traders will likely continue to watch resistance levels closely for confirmation of a larger breakout.

Also Read: Avalanche (AVAX) Price Eyes $11 Bounce as Breakout Range Nears

SHIB Price Analysis: Falling Wedge Breakout Hints at 6x Move to $0.000030

By | Edited By Messam Raza,,

Shiba Inu (SHIB) breakout from a falling wedge pattern signals potential bullish momentum for the SHIB price, supported by improving RSI and MACD indicators. However, declining open interest and trading volume suggest traders remain cautious despite expectations of a possible strong rally ahead. According to CoinMarketCap, SHIB is trading at $0.000006437 with a daily gain of 2.49%.

SHIB price prediction

Source: CoinMarketCap

SHIB Derivative Data Points to Reducing Potential

According to Coinglass, the SHIB open interest declined by 8.82%, bringing the total to $59.96 million. The reduction in open positions suggests that traders are closing contracts or reducing exposure, reflecting weaker confidence and a more cautious approach toward maintaining positions in the current market environment.

SHIB open interest and volume

Source: Coinglass

Trading volume also dropped by 17.13%, reaching $120.47 million. The decline in overall market activity indicates lower participation from investors and traders, which may signal slowing momentum and reduced enthusiasm.

Also Read: Shiba Inu (SHIB) Price Analysis: Falling Wedge Pattern Signals Potential Breakout

SHIB Price Breakout Signals Massive 6X Rally

Furthermore, the crypto analyst Javon Marks highlighted that the SHIB price is receiving another wave of bullish attention after escaping the confines of a falling wedge pattern, which is an indicator that usually marks a reversal in the crypto market. 

The escape from the falling wedge pattern, according to experts, suggests that buying momentum is gaining traction amid reduced selling pressure.

SHIB price prediction

Source: Javon Marks’ X Post

The latest occurrence in a similar trend witnessed a blowout move that increased the SHIB price by about 6x and reached its peak at around $0.000030. 

However, the current market trend seems to suggest that an even greater move for the SHIB price might occur, as an alt season is expected to arrive soon, and SHIB will benefit from the new influx of investors, trading volumes, and momentum.

Momentum Indicators Support Upward Potential

According to TradingView, the RSI has swung to neutral momentum with an RSI value of 52.94. Consistent movement above the signal line indicates an increasing trend of buyers’ momentum after a long period of decline. 

The SHIB price has managed to lose its oversold condition, suggesting that the previous bearish sentiment has started to stabilize.

SHIB technical analysis

Source: TradingView

The MACD indicator confirms the recovery trend by displaying a series of increasing histogram bars colored green. Both the MACD and signal lines rise towards the zero point, indicating that there is an accumulation of positive momentum. 

This scenario suggests that the market is exiting its extended bearish trend into a period of consolidation or recovery.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: SHIB Price Ascending Triangle Signals Rally Toward $0.00000760 Resistance Ahead

Ethereum Price Holds Above $2,300 as Institutional Demand Grows

By | Edited By Ammar Raza,,

Ethereum price remained stable despite rising market selling pressure, showing resilience as fresh capital continued flowing into the network. Analysts believe Ethereum could maintain its strength if buying activity and institutional demand continue, even as the broader crypto market experiences uncertainty and short-term volatility.

At the time of writing, ETH is trading at $2,316.20, up 2.08% over the last 24 hours. The ETH recorded a daily trading volume of $24.12 billion, while its market capitalization reached $277.94 billion. The recovery in the Ethereum price has attracted attention from analysts who believe the asset could maintain strength if buying activity continues.

Ethereum Price chart

Source: CoinMarketCap

Also Read | Nvidia Hits $5.4 Trillion Market Cap as Jensen Huang Joins Trump on ChinaTrip

Ethereum ETF Demand Keeps Rising

On May 14, 2026, a crypto analytics firm, Alphractal, highlighted that Ethereum’s “Realized Cap Impulse” indicator remained positive despite the downturn in the market. The firm noted that despite Ethereum’s 3% drop and trading at levels close to $2,301, net new funds continued flowing into the network.

Ethereum ETF Demand Keeps Rising

Source: Alphractal’s X Post

According to Alphractal, the positive trend of the realized cap implies further accumulation during weak periods from investors. Furthermore, according to the publication, large investment bank Jane Street has increased its Ethereum ETF position by almost $82 million in the first quarter of the year, while at the same time decreasing exposure to Bitcoin and MicroStrategy positions.

Ethereum Price Tests Critical Support

From the perspective of technical indicators, it is believed that the price of Ethereum could still encounter some short-term selling pressures before making a new attempt for a breakout to the upside. The RSI reading is now 49.94, just a bit lower than the 50 reading, while its moving average still holds steady at 52.88.

Ethereum Price Tests Critical Support

Source: TradingView

Meanwhile, the MACD technical analysis tool is now indicating less momentum. The MACD line is now at 8.29, which is lower than the signal line, which is at 17.92. The histogram is still negative at -9.63.

With more selling pressure, the price of Ethereum will test support around its 50-day moving average at $2,247. Nevertheless, institutional demand and continuous capital flow in the blockchain platform can allow Ethereum to sustain itself in case there is an improvement in the broader cryptocurrency market environment.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Bitcoin Holds Above $80K as US 10Y Yield Reaches 4.4%

TRON Price Surges to $0.3546: 4 Optimistic Signs Supporting the Rally

By | Edited By Ammar Raza,,

TRON Price technical indicators are showing strong bullish momentum in TRON, which is helping to boost the overall level of confidence for investors in holding TRON.

TRON (TRX) gained traction again, as it not only has registered continued strength on its daily chart, due to positive technical indicators, but is also garnering attention from a wider audience in relation to the broader crypto ecosystem after receiving an enforcement update from the TRON ecosystem.

This has also provided a sense of increased confidence in the market concerning the TRON Price in the near term. At press time, TRON (TRX) is trading at $0.3546 with an increase of 1.40% over the past 24 hours.

TRON Price Signals Bullish Strength

As evident on the TradingView chart, after breaking through the $0.34 resistance level, TRX continues to trend upward and has a strong bullish momentum as reflected by the RSI, which is currently at nearly 79.

However, despite a slightly weakening momentum of the MACD, the MACD is still in bullish territory. In addition, prices remain above the critical support level of $0.327. This clearly indicates that the buyers are still in control of this market structure, supporting the ongoing TRON Price rally.

TON price analysis
Source: TradingView

Also Read: TRON (TRX) Builds Strength Above $0.32 as Bulls Stay Active

TRON Price Gains Confidence From T3 FCU Update

Recently, TRON DAO also noted the major historic milestone of the T3 Financial Crime Unit (T3 FCU) (the enforcement arm of Tether and TRM Labs) freezing a total of over $450 million in illicitly obtained digital assets on a global level.

The TRON account stated, “Protect users. Fight crime.” This has provided additional confidence in TRON’s ongoing efforts to provide a more secure ecosystem and improve the overall regulatory environment concerning TRON projects, which many traders consider to be a positively influencing long-term factor for TRON Price sentiment.

Despite the current bullish trends of TRON being viewed favourably by both technical sets of indicators and by continued positive developments within the project itself, including its ecosystem.

TRX could see further upside potential towards its $0.36 resistance level; this could happen in the near future if there is continued strong buying momentum supporting TRON Price.

The current state of volatility throughout the cryptocurrency market is significantly affecting how far TRX could reach regarding where it trades; therefore, it is difficult to predict with complete certainty where price action could lead next for TRON Price.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TRX Price Analysis Shows Breakout Above $0.336 Resistance