Live Crypto Markets

HomeCoinsTRONTRON price analysis (Neutral) — 0.35 USDT (-1.31% 24h)

TRON price analysis (Neutral) — 0.35 USDT (-1.31% 24h)

-

Market Insight — TRXUSDT
Sentiment: Neutral

TRXUSDT is currently trading at $0.3456, showing a slight 24-hour decline of -1.31%, which suggests minor profit-taking after recent gains. The RSI at 67.21 indicates strong momentum but is approaching overbought territory, signaling caution for immediate entries. Price is hovering just above the SMA20 ($0.34465) but remains below the SMA50 ($0.34711), hinting at potential resistance ahead. High 24-hour volume of over $111 million reflects active interest, while moderate volatility of 1.11% suggests controlled price action. Traders should watch for a break above the SMA50 to confirm bullish continuation; otherwise, a pullback toward $0.340 could offer a better risk-reward entry. Use tight stops if long, and consider partial profits near $0.350.

Key Metrics

Price 0.3456 USDT
24h Change -1.31%
24h Volume 111165640.70
RSI(14) 67.21
SMA20 / SMA50 0.34 / 0.35
Daily Volatility 1.11%

TRON — 1h candles, 7D window (SMA20/SMA50, RSI).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Walmart’s OnePay Expands Crypto Services with Bitcoin and Ethereum Trading Features

In a strategic expansion of its financial technology offerings, Walmart's digital payment platform OnePay is preparing to integrate Bitcoin and Ethereum trading capabilities into its...

Federal Court Declares Bored Ape NFTs Exempt from Securities Regulations in Precedent-Setting Ruling

In a definitive legal judgment with far-reaching implications for digital asset markets, a federal court in California has determined that Bored Ape Yacht Club non-fungible...

Coinbase’s Bitcoin-Backed Lending Platform Surpasses $1 Billion in Originations

Coinbase has achieved a significant milestone in its institutional lending operations, with its on-chain lending product originating over $1 billion in loans since its market...

Bitcoin Nears Historic $124K Milestone Amid Uptober Rally and U.S. Fiscal Uncertainty

Bitcoin surged dramatically in early October, approaching a landmark price of $124,000 during a period of heightened market activity. The cryptocurrency's upward trajectory, part of...

Most Popular

spot_img