$TRX This price action has been so sideways I’m practically numb 😂
The current price is hovering around $0.330, up a tiny 0.4% over 24 hours. Over the past 7 days, it’s basically gone nowhere, down about 0.2%. The daily chart has been stuck grinding inside a narrow $0.327–$0.337 range for the past two weeks, with a low around $0.3274 and a high around $0.3372. It hasn’t even managed to touch $0.333 in the past few days—it looks like someone’s holding it down by the shoulders.
The short-term moving averages are around $0.330 and $0.331. The current price is right around the MA7, but still below the MA20. First, watch resistance around $0.3326; above that, the next level is $0.337. On the downside, $0.3274 is the low for the past two weeks, and a break below it would change the picture. Futures volume over the past 24 hours is around 46 million U, while spot volume is about 32 million U. The market isn’t exactly lively—the price is just grinding sideways, with little strength to push higher and no volume to back it up. Pretty dull.
I’m leaning bearish on $TRX for now. This looks more like weak sideways action. Until it gets back above the $0.331–$0.333 zone, don’t rush to assume it’s about to take off.
Beginners should watch more and trade less. If you’re buying crypto, stick to $BTC .
The current price is hovering around $0.330, up a tiny 0.4% over 24 hours. Over the past 7 days, it’s basically gone nowhere, down about 0.2%. The daily chart has been stuck grinding inside a narrow $0.327–$0.337 range for the past two weeks, with a low around $0.3274 and a high around $0.3372. It hasn’t even managed to touch $0.333 in the past few days—it looks like someone’s holding it down by the shoulders.
The short-term moving averages are around $0.330 and $0.331. The current price is right around the MA7, but still below the MA20. First, watch resistance around $0.3326; above that, the next level is $0.337. On the downside, $0.3274 is the low for the past two weeks, and a break below it would change the picture. Futures volume over the past 24 hours is around 46 million U, while spot volume is about 32 million U. The market isn’t exactly lively—the price is just grinding sideways, with little strength to push higher and no volume to back it up. Pretty dull.
I’m leaning bearish on $TRX for now. This looks more like weak sideways action. Until it gets back above the $0.331–$0.333 zone, don’t rush to assume it’s about to take off.
Beginners should watch more and trade less. If you’re buying crypto, stick to $BTC .
