TRX to the Moon? May Could Be the Turning Point
The post TRX to the Moon? May Could Be the Turning Point appeared on BitcoinEthereumNews.com. As the crypto market enters a new month with renewed optimism, TRON (TRX) is quietly positioning itself for a potential breakout. While much of the spotlight has been on meme coins and AI tokens, TRX has been showing steady technical strength beneath the surface. Trading within a tight range and supported by key moving averages, the coin is signaling an accumulation phase that may soon evolve into a strong price movement. In this article, we analyze the latest TRX price daily and hourly charts, explore moving average dynamics, and provide a predictive outlook for the next 30 days. Is TRON Price About to Break Out? TRX Price Prediction for the Next 30 Days TRON (TRX) is showing subtle but encouraging bullish signals as it approaches the start of May 2025. With TRX consolidating just above $0.24, both the daily and hourly charts suggest a build-up that could trigger a larger move — possibly beyond the stubborn $0.26 resistance that has capped rallies in recent weeks. Let’s dive into the chart patterns, moving averages, and predictive outlook for the next 30 days. Current Price and Structure: Is TRX Coiling for a Move? TRX/USD 1 Day Chart- TradingView As of now, TRX price trades at approximately $0.248. The daily chart shows TRX comfortably positioned above its 50-day and 100-day simple moving averages (SMAs), currently near $0.238 and $0.230 respectively. The 20-day SMA is curling upward and sits close to $0.246, acting as near-term support. The 200-day SMA is trending at $0.23, reinforcing the longer-term bullish structure. TRX/USD 1 Hr Chart- TradingView On the hourly chart, TRX has begun a slow climb above its 20 and 50 SMAs, with price bouncing cleanly off the 100 and 200-hour SMAs. The ADL (Accumulation/Distribution Line) has also been trending upward, hinting at positive net buying pressure…
The post TRX to the Moon? May Could Be the Turning Point appeared on BitcoinEthereumNews.com.
As the crypto market enters a new month with renewed optimism, TRON (TRX) is quietly positioning itself for a potential breakout. While much of the spotlight has been on meme coins and AI tokens, TRX has been showing steady technical strength beneath the surface. Trading within a tight range and supported by key moving averages, the coin is signaling an accumulation phase that may soon evolve into a strong price movement. In this article, we analyze the latest TRX price daily and hourly charts, explore moving average dynamics, and provide a predictive outlook for the next 30 days. Is TRON Price About to Break Out? TRX Price Prediction for the Next 30 Days TRON (TRX) is showing subtle but encouraging bullish signals as it approaches the start of May 2025. With TRX consolidating just above $0.24, both the daily and hourly charts suggest a build-up that could trigger a larger move — possibly beyond the stubborn $0.26 resistance that has capped rallies in recent weeks. Let’s dive into the chart patterns, moving averages, and predictive outlook for the next 30 days. Current Price and Structure: Is TRX Coiling for a Move? TRX/USD 1 Day Chart- TradingView As of now, TRX price trades at approximately $0.248. The daily chart shows TRX comfortably positioned above its 50-day and 100-day simple moving averages (SMAs), currently near $0.238 and $0.230 respectively. The 20-day SMA is curling upward and sits close to $0.246, acting as near-term support. The 200-day SMA is trending at $0.23, reinforcing the longer-term bullish structure. TRX/USD 1 Hr Chart- TradingView On the hourly chart, TRX has begun a slow climb above its 20 and 50 SMAs, with price bouncing cleanly off the 100 and 200-hour SMAs. The ADL (Accumulation/Distribution Line) has also been trending upward, hinting at positive net buying pressure…
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