Tron’s 8.8 % – TRX can reach new levels if … star-news.press/wp

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TON has made new levels of 2025 levels since June, and this upward trend is scheduled to continue. Altcoin kept its strong bullish structure, and was the level of the next key to overcoming $ 0.35.

Tron (TRX) was heading up while facing the rest of the encryption market.

Since July 15, TON has increased by 8.85 %, while Bitcoin (BTC) decreased by 3.5 %. ETHEREUM (ETH) increased 15.38 % in the same period.

source: INTOTHEBLOCK

This performance helped explain the high positive link between TRX and ETH from TRX and BTC. According to InTothheblock, TRX shared a strong 0.94 with ETH but only 0.74 with BTC.

Moreover, TON has shown the opportunity to buy, even as BTC continued to correct the support of $ 112,000.

The current TRX rally can exceed $ 0.35 and may be to the highest new level ever in the coming weeks.

Troun rises from the $ 0.32 support area, ready to pay up

Source: TRX/USDT on TradingView

TON has a bullish market structure on one day. The highest levels of local swing and decrease in white were marked.

On July 29, the distinctive symbol penetrated the highest local level, which represents a shift in the bullish structure. Then the price was recovered to the demand area of $ 0.32, where the support was found.

Size tapes showed a decent trading volume in July, in general, higher than the 20 -day moving average. In addition, CMF remained higher than +05 to reflect the great purchase pressure on TRX.

MFI fell to less than 50, but it has not yet shown a strong decline. It seems likely to see you will collect higher, given its bullish structure and heavy purchase.

TRX balances at the main level as well as the momentum

Source: TRX/USDT on TradingView

On the graph for 4 hours, MFI reflected the silent momentum over the past two days. More importantly, the moving average of 50 continued to work as support.

Her meeting with the demand zone of $ 0.32 means that TRX’s bullish reaction can be expected during the weekend.

Low prices will be less than $ 0.32 is the first sign of short -term landing, which swinging traders should be familiar with.

Responsibility: The information provided does not constitute financial, investment, trading or other types of advice, which is just the opinion of the writer