$TRX Technical Context & Near‑Term Levels
Over the past week TRX has been trading in a very tight band between roughly $0.235 and $0.248, reflecting consolidation around its 200‑day simple moving average (SMA) at $0.225. On the daily chart, TRX is currently testing resistance near $0.248—a break and close above that level could trigger the next leg up. Conversely, the 200‑day SMA and shorter‐term support at $0.235 – $0.2417 (20‑day SMA) continue to offer a floor for buyers . Immediate technical support zones sit around $0.2384 and $0.2428, while the next resistance cluster is at $0.248 – $0.2498; a successful retest of $0.2430 could pave the way toward $0.2800 if bullish momentum persists .
What to Expect Over the Remainder of April
According to CoinCodex’s model, TRX may oscillate between a low of $0.1898 and a high of $0.2983 in April, averaging about $0.2468—implying potential upside of ≈ 20.9% or downside of ≈ 23% from current levels . Binance’s short‐term forecast pins April 22 at $0.2464 and projects a month‐end price near $0.2466–$0.2474, suggesting relative stability around today’s levels barring a decisive breakout . Taken together, these projections point to moderate volatility: if TRX can clear and hold above $0.248–$0.249, traders may see a run toward $0.26–$0.28, whereas a slip below $0.238 could retest the $0.225–$0.230 zone before early May.