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Cryptocurrency News Articles

TRON (TRX) Might Not Be Dominating Headlines, But Its Recent Chart Behavior Says Something Is Brewing Beneath the Surface

Apr 22, 2025 at 05:36 pm

After weeks of tight consolidation, TRX is testing key resistance levels that could trigger the next major move.

TRON (TRX) Might Not Be Dominating Headlines, But Its Recent Chart Behavior Says Something Is Brewing Beneath the Surface

TRON (TRX) has been slowly moving higher while floating between the $0.235–$0.248 range for most of April.

TRON Price Prediction: Testing Crucial Resistance

On the daily chart, TRX is testing the lower fib at $0.248, which is also serving as a crucial resistance level. It’s also just below the 20-day SMA at $0.2417 and the 50-day SMA at $0.2357.

Crucially, the 100-day SMA is at $0.2370, and the moving averages are flattening out, setting up a potential crossover.

Moreover, momentum seems to be shifting slowly as the Accumulation/Distribution Line (ADL) is starting to recover from its April dip and is now at 1,571.71.

Hourly Chart Shows Pressure Building

Looking at the hourly chart, TRX recently reclaimed its 200-hour SMA and is now printing consistent green candles just below $0.248. A breakout above this level, if paired with volume, could push price toward the $0.255–$0.260 range quickly.

What’s interesting is how cleanly TRX moved above all short-term moving averages (20, 50, 100-hour), and the hourly ADL is rising to 1,328.09. This suggests that the recent rally isn’t just retail-driven.

If bulls can push through $0.25 and manage to confirm a breakout, it would break the consolidation pattern that’s been capping TRX for nearly a month.

What’s Driving the Quiet Strength?

Unlike other altcoins that have been hit hard by speculative cycles, TRON has managed to maintain technical support and continue expanding its ecosystem, especially in DeFi and stablecoins, mainly in the Asian market.

As market focus shifts back to solid Layer 1s and utility-driven projects, TRON might be well-positioned for a catch-up rally. The consistent hold above the 200-day SMA supports this narrative, and technicals suggest bulls are slowly but surely regaining control.

TRON Price Prediction: What Happens Next?

If TRON manages to close above $0.25 on the daily timeframe, the next resistance levels are at $0.265 and $0.278 — both of which acted as key rejection points earlier this year.

Breaking above $0.278 would open up space for a run toward $0.30, a level that hasn't been tested since early January.

However, failure to break and hold above $0.25 could send TRX price back to retest its support near $0.237 or even the 200-day SMA at $0.225. The next 48 hours will be crucial for confirming whether this rally has real legs.

Overall, while the market's attention may be elsewhere, TRON's technical setup appears healthier than that of many other tokens. With price holding above major moving averages, volume gradually increasing, and accumulation picking up again, the foundation for a larger breakout seems to be forming.

As the market shifts back to focusing on Layer 1s and utility-driven projects, TRON could be in line for a move. It will be interesting to see if it manages to break out of its consolidation and continue its recent rally.

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Other articles published on Apr 23, 2025