Cryptocurrencies Dogecoin and Tron are capturing traders’ attention due to specific technical signals. Analyzing their current trends and Cold Wallet's actions may provide insights into potential market changes.
Tron TRX Price Target and Rising Trading Volume
Tron is gaining renewed interest as technical signals point toward a possible push to the $0.35 level. Following a sharp rebound from a recent dip, TRX is holding above $0.315 with increasing trading volume, crossing $6.1 billion, which may indicate early momentum toward a larger breakout. As a result, the price action suggests that buyers are stepping in at key levels, creating conditions for sustained upward movement.
Dogecoin DOGE’s Double-Bottom Pattern
Dogecoin is currently forming a classic double-bottom pattern, which typically precedes bullish moves if confirmed. At present, the key level to watch is the neckline around $0.26. A decisive break above this point could validate the setup and lead to a stronger upward move. Current technical indicators, however, suggest some hesitation.
Events Surrounding Cold Wallet
The $270 million acquisition of Plus Wallet by Cold Wallet positions it as a significant player in the market. With over 2 million active users and a working rewards system, Cold Wallet emphasizes relying on real data and a solid market understanding, which may attract listing attention from major exchanges.
Cryptocurrencies Dogecoin and Tron may show potential growth in the near future due to positive technical signals. Cold Wallet strengthens its market position through a clear strategy and significant investments.
