 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Cryptocurrency News Articles
Tron (TRX) Surges 30%: Bold Breakout Targets $0.30 Soon
Feb 08, 2025 at 12:00 pm
TRON (TRX) price shows resilience at $0.21 after a steep decline.
Bitcoin price hovered around $97,000 as TRX price managed a slight recovery.
Technical indicators offer mixed signals for TRX’s next move, both bullish and bearish.
Despite market headwinds, TRON remained a hot topic in the crypto community.
According to LunarCrush analytics, TRX topped the Altrank leaderboard.
The broader market correction continues to keep TRX (TRX) in a bearish grip. However, the coin has shown resilience at the $0.21 mark. With Bitcoin price hovering around $97,000, TRX price managed a slight recovery of 0.39% in the past 24 hours.
After a 94% surge on December 3, TRX price encountered a sharp 23% pullback on December 4, triggering this downtrend. Now, TRX price has found support just above the $0.20 psychological level, holding steady at $0.21.
This falling channel pattern suggests a potential reversal. If TRX price holds its current support, a double-bottom pattern could form, signaling a shift toward bullish momentum.
Technical indicators offer mixed signals for TRX’s next move. The Relative Strength Index (RSI) shows a bullish divergence between recent lows, hinting at a potential reversal. However, the Ichimoku Cloud keeps TRX price confined between lagging spans A and B, reinforcing a bearish outlook.
Meanwhile, the moving averages suggest short-term consolidation within the falling channel. Despite the lingering bearish pressure, a breakout remains a possibility.
Highlighting TRX price’s resilience, LunarCrush noted that TRX price movements were among the most searched topics on Yahoo Finance. The coin also generated high engagement onܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞܞ
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
