Can TRX Survive the Bearish Momentum? An Analysis Points Out A New Recovery Sign

2025-04-16
Can TRX Survive the Bearish Momentum? An Analysis Points Out A New Recovery Sign

The cryptocurrency market has been riding a roller coaster in recent weeks, and Tron (TRX) is no exception. But unlike many altcoins that have crumbled under pressure, TRX is quietly showing signs of strength. 

While others have fallen dramatically, TRX seems to be holding its ground and possibly preparing for a comeback. Could this be the beginning of a recovery — or is it just another pause before the bears return? 

Let’s take a closer look at TRX, Tron’s current price analysis, and the key indicators that may hint at where this asset is headed next.

TRX Price Analysis: Key Levels to Watch

tron price analysis.

Despite overall market volatility, TRX has managed to hover steadily around the $0.20 level — a zone that has proven to be a strong psychological and technical support. 

While this alone doesn’t guarantee a bullish reversal, it’s a positive sign that investors are still interested in holding or accumulating Tron.

Analysts have pointed out a promising technical setup: a descending triangle pattern that’s recently seen a breakout. This is no small detail. 

Such breakouts, especially when backed by increasing trading volume, can signal a shift from a consolidation phase into a new upward trend. 

TRX has managed to push through the upper boundary of this triangle, with price peaking near $0.26 before pulling back slightly — a common behavior after a breakout.

The resistance zone at $0.27–$0.28 will be crucial. A successful breach above this level could open the door for further upside, possibly targeting the $0.30–$0.35 range. 

On the flip side, support between $0.22–$0.23 will need to hold firm to prevent another bearish breakdown. The triangle breakout must be confirmed with a retest of the support level and continued bullish momentum.

Read also: Crypto’s Most Wanted: Lazarus Group’s $3.19M Heist on Tron Sparks Global Alarm

Tron Coin Recent Price

TRX’s recent price performance suggests a phase of healthy consolidation. The price recently dipped to $0.2485 after touching $0.2576, but this short-term pullback hasn’t shaken long-term holders. 

In fact, price remains comfortably above both the 50-day and 200-day simple moving averages (SMA), a classic bullish sign that often encourages more buying interest.

More technical signals support this view. The MACD (Moving Average Convergence Divergence) indicator shows bullish momentum, as the MACD line stays above its signal line. The histogram is also turning green, pointing toward growing strength in buying pressure.

Another important detail? The large bullish order block (OB) and fair value gap (FVG) areas — both of which lie around the current price zone — suggest that this may be an optimal entry point for traders betting on a recovery.

Still, it’s important to note that while momentum is building, trading volumes haven’t spiked significantly yet. That means investors should watch carefully for confirmation in volume before expecting a strong rally.

Read also: Reviewing WLFI’s Plans to Acquire Tron (TRX) Tokens: A Strategic Investment

Conclusion

TRX appears to be one of the more stable players in a highly unstable market. From a technical perspective, the signs of a breakout from the descending triangle pattern and bullish indicators like MACD and moving averages offer hope for a potential rally.

However, caution remains key. Until volume confirms the breakout and resistance zones are breached convincingly, the bullish scenario is still in its early stages. 

The Tron ecosystem continues to grow steadily, and if investor sentiment turns more positive, TRX could be one of the few altcoins to break out of the current bearish momentum.

For now, eyes are on whether TRX can hold the $0.24–$0.25 range and push toward $0.27–$0.30. If it does, it could signal the beginning of a stronger recovery phase.

FAQ

Q: What is the current support level for TRX?
A: The strongest support levels are currently in the $0.22–$0.24 range. These areas are crucial to prevent further downside.

Q: What resistance levels should traders watch?
A: Key resistance lies between $0.27–$0.28. A breakout above this zone could lead to gains toward $0.30–$0.35.

Q: Is TRX bullish or bearish right now?
A: TRX is showing bullish indicators such as an ascending breakout, MACD strength, and price stability above key SMAs. However, confirmation through volume is still needed.

Q: How does the overall market impact TRX?
A: Like most altcoins, TRX's momentum is heavily influenced by Bitcoin’s price movements. A strong BTC rally would likely boost TRX.

Q: Should I buy TRX now?
A: While TRX shows bullish technical patterns, it’s best to wait for confirmation of the breakout with volume and sustained support. Always do your own research and assess risk tolerance.

Disclaimer: The content of this article does not constitute financial or investment advice.

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