$TRX
Current Price: $0.16, up 2.1% in 24 hours.
Market Overview:
Market Capitalization: $14.4 billion
24-Hour Trading Volume: $600 million
Circulating Supply: 90 billion TRX (total supply: 100 billion)
Moving Averages:
50-Day MA: $0.15 (bullish trend signal)
200-Day MA: $0.14 (sustained bullish trend)
Relative Strength Index (RSI): 63 (moderate strength, caution as it nears 70).
MACD: Positive momentum, with the MACD line above the signal line, indicating upward trend potential.
Bollinger Bands: Price near the upper band, suggesting a possible breakout. A move above $0.165 could target $0.17 and $0.175.
Conclusion:
The outlook for TRX remains positive. Bullish moving averages and strong momentum suggest potential gains if TRX holds above $0.15, with key resistance at $0.165 and $0.17.