Tron (TRX) is currently trading at $0.12, marking its highest level in the last 30 days with a nearly 10% increase in value. The surge in Tron's price is attributed to heightened demand for the altcoin. Market analysis shows that the recent rally is supported by increased interest from traders, as indicated by the Relative Strength Index (RSI) of 66.25, signaling a preference for accumulating TRX. Despite this, some traders are capitalizing on the uptrend to sell portions of their holdings, leading to a 4% rise in exchange inflow volume. With 181.81 million TRX worth $22 million on exchanges, the market sentiment remains bullish. The Parabolic SAR indicator also suggests a potential uptrend continuation, possibly pushing TRX beyond $0.12 to $0.13. However, profit-taking activities could reverse this trend, causing TRX to drop to $0.11. It is essential to conduct thorough research and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news