$TRX Price Analysis – July 22, 2025
At present, $TRX is trading around $0.3132, down approximately 0.7% over the past 24 hours. Despite this slight dip, the price action remains within a sideways bullish trend.
🔹 Key Technical Levels:
Support Zone: $0.308 – $0.310
Immediate Resistance: $0.318 – $0.320
💡 Technical Outlook:
TRX maintains strength as it continues to trade above both the 50-day and 200-day moving averages. However, the RSI is approaching overbought territory, signaling a possible minor pullback before any further upward movement.
📰 Fundamental Highlights:
Low transaction fees are attracting more DeFi projects and stablecoin activity (especially USDT) to the TRON network.
Consistent on-chain activity shows strong user engagement and confidence.
Justin Sun has returned to actively boosting sentiment on X (Twitter), particularly promoting real-world asset (RWA) integration into the TRON ecosystem.
📌 Summary:
TRX appears to be in a healthy consolidation phase. As long as the $0.308 support level holds, there's potential to retest and break above $0.320. However, to avoid FOMO, ideal entries could come on dips below $0.310 during pullbacks.
