FED. Interest rate policy Interest rates are currently kept stable (4.25%–4.50%) Dissenting voice Michelle Bowman and Christopher Waller have been proponents of rate cuts Economic outlook The risk of unemployment is viewed as more serious than the risk of inflation Expectation There may be a decrease in the interest rate in September
If the $0.34 level is broken, there is a possibility of reaching targets from $0.36 to $0.40–$0.50 (Messari and Bitget forecasts) CryptoRank+1The Currency analytics+1.
Otherwise, if it falls below $0.31, the price may drop towards the $0.28–$0.25 support zones — this is not yet the end of the bearish structure CCN.comCCN.com.
According to on-chain underperformance zone analyses, TRX may outperform BTC and show outperformance during the upcoming altcoin season.