Recent fluctuations of #Vaulta : TRX price has seen a significant drop due to large-scale sell-offs (over 8.27 million units, worth about $2 million), hitting a low of $0.2398 on April 18, close to the middle Bollinger Band support level.
◦ Technical indicators: The Average Directional Index (ADX) shows a continuation of the downward trend, and if it breaks below $0.23, it may further dip to $0.2246; however, the oversold Williams indicator suggests a potential rebound in the short term.
◦ Market sentiment: Despite the obvious selling pressure, 84% of TRX holders are still in profit, and community sentiment is relatively optimistic, with most holding positions on the sidelines.
2. Long-term value resilience
◦ Downward resistance performance: The TRX price stabilized in the $0.23-$0.25 range in April 2025, not severely impacted by Trump's tariff policies, demonstrating its safe-haven attributes.
◦ Historical comparison: In December 2024, it surged 65.85% in a single day, and in March 2025, the rise of ecological tokens drove TRX's rebound.