Bitcoin Cash, Tron, MANA Price Analysis: 15 May

As the broader market crashed all the way down to the $1.2T-mark over the last week, HODLers have been trying to stall the sell-off situation. But, they still need to inject higher volumes to sustainably modify the broader outlook in their favor.

Timeline of Bitcoin-cash, Decentraland, Tron

The failed attempt from the TRON (TRX) buyers to escape the range-bound rally indicates a potential downfall to the $0.057 mark. The $0.075 fallout brings a short opportunity for interested traders to take an 18% target.

Decentraland, the largest Metaverse in the crypto space, has been a pioneer with its wearables, and further demand for similar features has led to the platform noting higher traffic on both the DeFi as well as investor front.  Decentraland jumps back up While some cryptocurrencies continue to take damage from the crash of 9 May,

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Decentraland is one of the largest metaverse projects in the crypto ecosystem, but its token MANA has been on a steady downtrend in recent weeks. After a brief foray beneath the $0.72 support, the price

The TRON DAO Reserve increased the supply of USDC stalecoin by $260 million on the TRON network. The new addition takes total circulating supply of Tron's USDC stablecoin supply to $1.241 billion.

Launched in 2018, GEM-TRX, as the name suggests, is a cloud mining service built on the Tron network. It provides users with a safe, convenient, and efficient TRX cloud mining experience.

With Bitcoin losing $30000 support and a massive collapse in LUNA and UST stablecoin price, the crypto market has witnessed outraged selling over the past week. However, battling the broader market sentiment, TRON(TRX) price went through a volatile phase to prevent some major losses.

Amid the current market dump, every cryptocurrency is trying to hold its fort. In this bid, many crypto leaders are moving the funds to ensure the stability of their network's tokens.

Tron Founder Justin Sun said he will deploy a $2 billion reserve to protect TRX against heightened short interest. As the Cryptocurrency bloodbath intensifies many crypto leaders are announcing plans and strategies to counter it.

Tron has been defying the crypto crash as of late while the prices of the biggest cryptocurrencies keep on faltering so let's see how that is the case in today's latest Tron news. When the price of BTC dropped from $40,000 to $30,000 in a week, every other coin entered the bloodbath as well.

The recent market-wide liquidations kept the broader sentiment within the bonds of ‘extreme fear' for a week now. Bitcoin Cash, Uniswap, and Stellar were susceptible to this sentiment as they took a significant plunge towards their yearly lows over the past two days.