$TRX TRX showed strong bullish signs after the announcement. The Relative Strength Index (RSI) rose from 55 to 68 within the first hour, showing more buying interest.
The Moving Average Convergence Divergence (MACD) had a bullish crossover at 10:00 AM UTC. Trading volume also jumped, reaching 3. 5 billion tokens traded by noon UTC, up from 2. 2 billion tokens the previous day.
Additionally, 5,000 new TRX addresses were created within the first hour after the announcement, compared to an average of 2,000 per hour. These factors indicate strong market support for TRX and potential growth ahead.
Whta is your thoughts and expectations from this development and growth of the assets in market movements?