#TRX TRON (TRX) is currently trading at $0.28, with a 2.51% increase in the last 24 hours. However, some sources suggest TRX is underrated, citing its recent underperformance in the market. Here's what you need to know ¹ ²:
- *Recent Performance*: TRX has dropped by 12.07% over the last month, contributing to the bearish sentiment in the market. Despite this, it has a positive long-term picture with a 71.37% increase from a year ago.
- *Predicted Price*: Some predictions suggest TRX could decrease to $0.096224 in the next five days, while others forecast a potential surge.
- *Technical Indicators*: TRX's Relative Strength Index (RSI 14) is at 39.09, indicating a neutral position. The 50-day Simple Moving Average (SMA 50) signals a bullish trend, while the 200-day Simple Moving Average (SMA 200) signals a bearish market.
*Key Metrics:*
- *Market Cap*: $25.73 billion
- *Open Price*: $0.27
- *High Price*: $0.30
- *Low Price*: $0.27
- *Previous Close Price*: $0.27
*Future Prospects:*
- *Comparison to Dogecoin*: Some analysts believe TRX might surpass Dogecoin (DOGE) in market cap ranking.
- *Resistance Levels*: TRX faces resistance at $0.25 and $0.30, which could determine its future price movement.
- *DEX Volume*: TRX's DEX volume has taken a dive, signifying declining activity, but its TVL has recovered above $5 billion after dipping to $4.3 billion .
