{"id":835654,"date":"2025-03-21T08:12:05","date_gmt":"2025-03-21T13:12:05","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/21\/trx-defies-crypto-crash-0-255-breakout-incoming\/"},"modified":"2025-03-21T08:12:05","modified_gmt":"2025-03-21T13:12:05","slug":"trx-defies-crypto-crash-0-255-breakout-incoming","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/21\/trx-defies-crypto-crash-0-255-breakout-incoming\/","title":{"rendered":"TRX Defies Crypto Crash, $0.255 Breakout Incoming?"},"content":{"rendered":"
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Despite ongoing market uncertainty, Tron (TRX) is making waves in the cryptocurrency market with its impressive price surge. However, this surge comes at a time when major assets like Bitcoin (BTC), Ethereum <\/a>(ETH), and others are experiencing a notable price decline.<\/p>\n

Current Price Momentum<\/strong><\/h2>\n

TRX is currently trading near $0.235 and has registered a 2.56% price surge in the past 24 hours, defying the market trend. However, during the same period, its trading volume dropped by 42%, indicating that investors and traders are still hesitant to participate in the asset as overall market sentiment remains bearish, with prices continuing to fall.<\/p>\n

TRX Technical Analysis and Upcoming Levels\u00a0<\/strong><\/h2>\n

With this upside momentum, the market condition seems to be shifting TRX\u2019s overall trend. According to CoinPedia\u2019s technical analysis, TRX has recently broken out from a bullish flag and pole price action pattern and is poised for massive upside momentum.<\/p>\n

Besides this breakout, the uptrend remains strong as TRX has taken a retracement from Fibonacci\u2019s 38.2% level, indicating a strong trend and momentum. Based on recent price action and historical patterns, if TRX maintains itself above $0.234, there is a strong possibility that the asset could soar by 12% to reach the $0.255 level in the coming days.<\/p>\n

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Source: Trdain<\/figcaption><\/figure>\n

However, this level represents the upper boundary of the consolidation zone where TRX has been trading on a higher time frame. If the asset reaches this level and successfully closes a daily candle above $0.255, there is a strong possibility that it could see a price jump of over 20%.<\/p>\n

Tron\u2019s (TRX) Over-Leveraged Levels<\/strong><\/h2>\n

At press time, traders are over-leveraged <\/a>at the $0.226 level, with $4.30 million worth of long positions. Meanwhile, $0.24 is another over-leveraged level, where traders betting on the short side are also over-leveraged.<\/p>\n

Source: Krtos nahi<\/figcaption><\/figure>\n

Given the current market sentiment, it appears that traders are bullish, and the price may soon surge, which could explain the $4.30 million worth of long positions at the $0.226 level.<\/p>\n<\/div>\n

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\n Chandan Gupta<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite ongoing market uncertainty, Tron (TRX) is making waves in the cryptocurrency market with its impressive price surge. However, this surge comes at a time when major assets like Bitcoin (BTC), Ethereum (ETH), and others are experiencing a notable price decline. Current Price Momentum TRX is currently trading near $0.235 and has registered a 2.56%<\/p>\n","protected":false},"author":1,"featured_media":835655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22791,25058],"tags":[],"class_list":{"0":"post-835654","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"category-defies"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/835654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=835654"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/835654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/835655"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=835654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=835654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=835654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}