Crypto Price News: LTC and DOGE Hover Above Key Supports While TRX Tags Resistance

The crypto market is in a bad mood today after President Donald Trump signed an executive order (EO) to create a Bitcoin Strategic Reserve and a Digital Asset Stockpile that fell short of expectations.

According to the White House’s official document, the U.S. Digital Asset Stockpile will be made up of altcoins already owned by the federal government, while it won’t be making any additional purchases.

Most digital assets sold off right after the announcement as Trump previously teased that the country’s reserve could include tokens like Solana (SOL), XRP (XRP), and Cardano (ADA).

Tron (TRX) has gone up by 1.1% and currently sits at $0.2436 while Litecoin (LTC) and Dogecoin (DOGE) are down 2.1% each and are currently trading at $104.4 and $0.2030 per token respectively.

LTC Offers Attractive Risk-Reward Ratio for Swing Traders

Litecoin (LTC) has bounced off the $100 level and has closed multiple daily sessions above this important marker, including the Monday-Tuesday sell-off.

This token is one of the few cryptocurrencies that is still delivering a positive performance in 2025 with 1.5% gains as investors expect the approval of an exchange-traded fund (ETF) for LTC before the end of the first semester of 2025.

LTC’s latest weakness came after a bearish triple-top pattern was confirmed. However, with so many sessions already closing above the $98-$100 level, the evidence favors that the token may have hit its bottom already.

Momentum indicators are still not sending a buy signal, meaning that further retests of the $100 level may come in the next few days. As long as that support holds, the near-term outlook for LTC is bullish.

At this level, LTC offers a 2:1 risk-reward ratio for swing traders if a stop price is set below around 92 with a first target set at $131.

Can TRX Reverse Its Downtrend?

TRX has gone up by 8.4% in the past week, but it is still down 3.8% since 2025 started.

Tron (TRX) has been confined to a tight price channel since the beginning of the year. Despite the low volatility, the token’s trajectory in the daily has been quite predictable, which is not necessarily a bad thing for traders.

Trading volumes are quite stable as well and currently sit at $592 million, accounting for just 2.8% of the token’s circulating supply.

Today’s uptick is pushing TRX to tag the upper trend line of its descending triangle for the fourth time in the past 6 days. The Relative Strength Index (RSI) has sent a buy signal already and the MACD’s histogram shows that positive momentum is rising steadily.

Short-sellers have the upper hand at this point if the descending triangle formation remains in play. A rejection of this trend line resistance could push TRX to the $0.225 level, implying an 8% drop from current levels versus a 3.5% potential loss if the stop price is set at $0.2540.

However, since momentum is positive, a break above the $0.252 resistance could indicate that a trend reversal is unfolding. In that case, the token’s upside potential could be significant and a long position would offer the best RR ratio.

DOGE Bounces Off $0.185 and Could Retest Sunday’s Highs

Dogecoin (DOGE) is rising today after finding strong support once again four days ago at the $0.185 level.

This double-bottom pattern has already translated into the beginning of an uptrend for DOGE as the price made a higher low yesterday. At this point, DOGE will likely retest its March 6 levels, which would translate into a 6% gain.

However, the entry price at this point is unfavorable as the risk-reward ratio is below 1. Traders would have to wait for a pullback at this point that pushes the price to around $0.2020 to ensure that the upside potential exceeds the downside risk.