TRX Coin Surges as Tron Garners Increased Market Attention
Main Idea
TRX Coin has recently surged in price and trading volume, with key resistance levels identified for potential further gains, supported by Tron's $1 billion fundraising initiative.
Key Points
1. TRX Coin's price increased by 3.02% to $0.3367, with its 24-hour trading volume doubling to $2.97 billion.
2. The RSI indicator at 74.99 signals an overbought region, suggesting potential continued volatility.
3. A strong support zone is identified between $0.30 and $0.32, with limited expected corrections.
4. Key resistance levels for TRX are at $0.3549, $0.3967, and $0.4407, with potential to reach $0.5177 if surpassed.
5. Tron's $1 billion fundraising initiative is a significant factor driving TRX's short-term price movement.
Description
TRX surged 3.02% amid stagnant markets, reaching $0.3367. The $1 billion Tron offering boosts buying interest due to potential liquidity rise. Continue Reading: TRX Coin Surges as Tron Garners Increased Market Attention The post TRX Coin Surges as Tron Garners Increased Market Attention appeared first on COINTURK NEWS .
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