TRON (TRX) has recorded strong accumulation and positive price growth signs in recent months.
On-chain data and analysis from experts show an increase in transactions, accumulation from whales, and liquidity attraction at important price zones, creating a sustainable foundation for TRX's upward momentum.
MAIN CONTENT
The number of TRX transactions has doubled, reinforcing network revenue.
On-chain indicators show reduced selling pressure, with cash flow leaving exchanges indicating an accumulation trend.
Breaking through the resistance zone of $0.2945 is a condition to continue the upward trend.
How has TRON (TRX) increased trading and revenue in the past month?
Official data shows that the daily transaction volume of TRON has increased from under 5 million to 9 million since September 2023, significantly contributing to the improvement of network revenue. Cryptocurrency market analysts view this as a positive sign for network activity and attracting investors.
This increase is also supported by the level of interaction on social networks and the accumulation activities of TRX whales, creating a solid foundation for the price trend.
Where is the TRX market in the accumulation phase and selling pressure?
Data from IntoTheBlock shows that 98% of TRX holders are currently 'in the money', with strong demand in the price range of $0.24-$0.28. The amount of TRX purchased in this price range amounts to 28.39 billion TRX, equivalent to $7.4 billion, indicating that selling pressure from this area is not too large and buyers are dominating.
"The price range of $0.24-$0.28 is an important support level, helping TRX attract cash flow and minimize selling pressure, playing a key role in the price recovery trend."
Michael Foster, CEO of CryptoInsights, 7/2025
In contrast, the group cashing out at higher prices only makes up a small percentage, indicating that the risk of a sharp decline due to profit-taking is relatively low.
What does the Exchange Net Position Change index indicate about TRX's activity?
Glassnode recorded a negative Exchange Net Position Change index last month, meaning TRX is being withdrawn from exchanges rather than deposited. This signals that accumulation is taking place, which is often a positive indicator for price. History shows that October 2024 exhibited a similar trend before a strong price increase at the end of the year.
"This index shows that investors are not in a hurry to sell but are accumulating TRX, preparing for the next price jump."
Sophia Nguyen, Analyst at Glassnode, 6/2025
However, TRX still needs to break through the resistance around $0.2945 to continue a clearer upward trend.
What does the liquidity heatmap analysis warn TRX investors?
The liquidity chart from CoinGlass shows two price zones containing many large liquidation orders around $0.29 and stronger in the area of $0.295-$0.3. This is a clear liquidity magnet, making TRX likely to increase in price to 'suck' these liquidation orders. Afterwards, the possibility of a bearish reversal will be high when many long positions are liquidated.
Price Area Characteristics Recommendations $0.29 High liquidity, liquidation order attraction Consider taking profits for buying positions $0.295-$0.3 The strongest liquidity zone, key resistance Wait for a breakout and retest to open a new buy position or look for short opportunities when reversing.
Traders can take advantage of these zones to optimize their entry strategies and minimize risks.
Frequently asked questions about TRON (TRX) developments
Is there a clear accumulation sign for TRX? On-chain indicators such as Exchange Net Position Change show that cash flow is leaving exchanges, reflecting strong accumulation activity. How does the increase in transactions affect TRX? Increased transactions help the network grow, boosting revenue, and reinforcing confidence in TRX's price. What price range is considered a solid support for TRX? The range of $0.24-$0.28 is identified as a strong demand area with high buying volume and low selling pressure. What is the key resistance price level for TRX? The level of $0.2945 is an important resistance that needs to be surpassed to continue the upward trend. What should investors do according to liquidity signals? It is advisable to take profits at high liquidity areas and then wait for a breakout or retest to open a new position.
Source: https://tintucbitcoin.com/tron-trx-sap-tang-gia-manh/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to always stay updated with the latest news about the cryptocurrency market and not miss any important information!
