TRON (TRX) has experienced a 2.35% increase in the past 24 hours, reaching a price of $0.2385. The cryptocurrency's recent trading activity has displayed both bullish and bearish signals, providing key price levels to monitor. Over the past day, TRON's price has been volatile, hitting a high of $0.245 before retracing. The support level at $0.233 is crucial, and if the price drops below it, further declines could occur. However, the interim support at $0.238 is currently keeping the price stable. The resistance at $0.245 remains an immediate hurdle, and breaking above it could lead to a rise toward the $0.250 zone. TRON's trading volume has grown by 5.89%, indicating increased market interest and activity. The volume-to-market cap ratio suggests strong trading activity relative to the cryptocurrency's market capitalization. Technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), suggest mild bearish pressure but also the potential for a trend reversal or consolidation. Analysts predict that by mid-2024, TRON could trade at an average price of $0.246.



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