Tron (TRX) has hit a record high of $0.23, marking a 12% increase in the past 24 hours and pushing its market cap above $20 billion. This surge is attributed to the overall rise in altcoin values and growing interest from both institutional and retail investors. The question now is whether TRX's price will continue to climb. Just a month ago, TRX was at $0.16, showing a 41.02% jump to its current peak. The Global In/Out of Money (GIOM) indicator suggests further potential for growth, with all TRX addresses currently in profit. Additionally, the Chaikin Money Flow (CMF) indicator points to a strong uptrend, indicating a possible rise to $0.30 if bullish momentum persists. However, a drop below zero on the CMF could lead to a decline to $0.20 or even $0.17. As market conditions are volatile, it is advised to conduct thorough research and seek professional advice before making any financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news