Tron Pops Off While the Market Naps — Is TRX About to Go Full Send?
- TRX is up 3%, now trading at $0.3367 with volume doubling.
- RSI says it’s overbought, so a pullback might be brewing.
- Eyes on $0.3549 resistance — and if bulls keep charging, $0.44 or even $0.51 isn’t off the table.
While the rest of the crypto space catches its breath, Tron (TRX) seems to be stretching its legs. After a steady grind, it’s now sitting around $0.3367 with a solid 3% daily pump. Even more telling? Trading volume has straight-up doubled, jumping past $2.9 billion — not bad for a sleepy Monday.
What’s behind the surge? Well, Tron Inc. just filed to raise a cool $1 billion through a shelf offering. That’s…a lot of liquidity. The kicker? It’s not causing panic or crazy dumps — which might mean people actually want in. Quiet accumulation vibes? Definitely possible.
TRX Price Snapshot — Bulls in the Driver’s Seat?
Right now, TRX is holding tight at $0.3367. The past day saw it swinging between $0.3285 and $0.3407 — nothing wild, but enough to show there’s life here. Market cap’s brushing close to $32B, and volume is ripping — up 101%, which, yeah, gets attention.
Zoom out to the daily chart, and here’s where it gets interesting: TRX just blasted past the top of its Bollinger Band. That usually means high volatility and bulls getting loud. RSI is hovering around 75 — textbook overbought territory. So, while things look hot, we might get a little cooldown or sideways chop soon. Happens.
What’s Next? Eyes on Resistance and ATH Dreams
Support still looks comfy in the $0.30 to $0.32 range — this zone has been battle-tested. But up above, we’ve got some heavy walls at $0.3549 and $0.3967. If TRX punches through those with momentum, then hey, we might be eyeballing that all-time high around $0.4407 again. And if it somehow breaks that? Next target could land around $0.5177.
That’s a big “if” — but in crypto, “if” can turn into “when” real fast.
The post Tron Pops Off While the Market Naps — Is TRX About to Go Full Send? first appeared on BlockNews.
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Tron Pops Off While the Market Naps — Is TRX About to Go Full Send?
- TRX is up 3%, now trading at $0.3367 with volume doubling.
- RSI says it’s overbought, so a pullback might be brewing.
- Eyes on $0.3549 resistance — and if bulls keep charging, $0.44 or even $0.51 isn’t off the table.
While the rest of the crypto space catches its breath, Tron (TRX) seems to be stretching its legs. After a steady grind, it’s now sitting around $0.3367 with a solid 3% daily pump. Even more telling? Trading volume has straight-up doubled, jumping past $2.9 billion — not bad for a sleepy Monday.
What’s behind the surge? Well, Tron Inc. just filed to raise a cool $1 billion through a shelf offering. That’s…a lot of liquidity. The kicker? It’s not causing panic or crazy dumps — which might mean people actually want in. Quiet accumulation vibes? Definitely possible.
TRX Price Snapshot — Bulls in the Driver’s Seat?
Right now, TRX is holding tight at $0.3367. The past day saw it swinging between $0.3285 and $0.3407 — nothing wild, but enough to show there’s life here. Market cap’s brushing close to $32B, and volume is ripping — up 101%, which, yeah, gets attention.
Zoom out to the daily chart, and here’s where it gets interesting: TRX just blasted past the top of its Bollinger Band. That usually means high volatility and bulls getting loud. RSI is hovering around 75 — textbook overbought territory. So, while things look hot, we might get a little cooldown or sideways chop soon. Happens.
What’s Next? Eyes on Resistance and ATH Dreams
Support still looks comfy in the $0.30 to $0.32 range — this zone has been battle-tested. But up above, we’ve got some heavy walls at $0.3549 and $0.3967. If TRX punches through those with momentum, then hey, we might be eyeballing that all-time high around $0.4407 again. And if it somehow breaks that? Next target could land around $0.5177.
That’s a big “if” — but in crypto, “if” can turn into “when” real fast.
The post Tron Pops Off While the Market Naps — Is TRX About to Go Full Send? first appeared on BlockNews.
Read More
Pudgy Penguins (PENGU) Inches Toward Breakout as Bull Flag Takes Shape