TRON on an upward trend: Will the price of TRX reach $0.30 soon? 🚀

Technical signals support the upward trend

Recent TRON analyses indicate a potential bullish reversal, as the price of TRX has risen by 0.43% in the last 24 hours to reach $0.2478. Currently, the price is trading above the 50-day moving average, which reinforces the positive market outlook.

Whale activity in the market

Trading platforms have seen an increase in whale activity for TRX, with significant purchases recorded alongside a decrease in selling pressure. This indicates the possibility of the price successfully breaking through upcoming resistance levels.

Could TRX reach $0.30?

If TRX can break through the current resistance level at $0.25, the next target will be $0.30. With technical indicators improving, the short-term upward trend appears to be the most likely scenario.

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