summary
TRX, the cryptocurrency of the Tron network, is showing positive signs in the market, with increased activity on the network and a rise in demand for stablecoins. The current price of TRX is $0.24242, with support at $0.24037 and resistance at $0.24341. Technical indicators point to a potential bullish momentum, making it attractive for investors.
Latest News
1. Potential TRX Bullish Momentum: Reports suggest that the Tron network has seen an increase in activity, which could indicate a TRX recovery. The current price is $0.238, with support at $0.21.
2 The number of addresses on the TRON network exceeds 125 million. This indicates an increase in network usage.
3 TRX Overtakes Ethereum in Network Fee Revenue: This marks a major shift in the competition between the two currencies.
Technical indicators
61.25: RSI indicates bullish momentum)
MACD: The MACD line is above the signal line.
Indicating an upward trend.
84.38: KDJ indicates strong momentum)
Bollinger Bands: Current price 0.24225, with
0.2407 upper limit 0.24329 lower limit
Capital flow
Net Capital Flow: $140,770
Capital inflow: $6,444,572
Capital outflow: $6,303,802
Support and resistance levels
Support Level: $0.24037
Resistance level: $0.24341
Current prices
Current price of TRX :0.24242 USD
Highest price in 24 hours: $0.24414
Lowest price in 24 hours: $0.2324
Trading volume in 24 hours: 35112330.82
TRX
Conclusion
TRX is showing positive signs in the market, with increased activity on the network and increased demand. Technical indicators support the upward trend, making it a good opportunity for investors.