Tron (TRX) is poised for a breakout rally as the broader crypto market recovers. Technical indicators suggest a potential golden crossover and a channel breakout, signaling a possible upside move of over 30%. TRX is currently trading at $0.247790, with a possible entry opportunity above the $0.25 mark. If the breakout occurs, TRX could face resistance at $0.30 and target the 50% Fibonacci level at $0.3282, representing a price surge of over 30%. However, failure to maintain bullish momentum could result in a retest of support at the 100-SMA level near $0.2418.
Content Editor ( thecryptobasic.com )
- 2025-01-28
TRON Analysis: TRX Eyes 30% Surge Amid V-shape Reversal
