$TRX
3:50 PM
Price: $0.24517 USD (–$0.00170, –0.69%)
24 h Range: $0.24386 – $0.24911 USD
24 h Volume: $764.8 million USD
Market Cap: $23.28 billion USD CoinMarketCap
Technical Context
Over the past week TRX carved out a double-bottom around $0.226–$0.227, with strong support now at $0.238 and immediate resistance at $0.242, all while holding above its 200-day SMA near $0.225 Binance.
Near-Term Outlook
April Range: Binance’s analysis sees TRX oscillating between $0.1939 and $0.2827, averaging roughly $0.2388 for the month.
Bullish Case: A daily close above $0.25 would open targets at $0.265 and $0.278—and potentially $0.30 if momentum accelerates.
Bearish Case: Failure to hold $0.238 risks a retest of the $0.225 zone before any lift into May.
Today’s Forecast: Economies.com flags a bullish bias into today’s session and eyes $0.2748 as the next pivot.