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Is TRX Mirroring Its 2021 Surge? How Volume Trends Signal Smart Money Moves
In the latest trx news, TRX is demonstrating notable resilience as the entire crypto market gains momentum. Bitcoin is currently testing a new all-time high, while altcoins are also following suit. Amid this resurgence, analyst Darkfost has provided valuable insights indicating that TRX’s underlying trend remains robust without needing further confirmation. The asset has sustained a bullish structure even during periods of consolidation, establishing a strong base for potential upward movement.
Darkfost has identified an intriguing signal emerging in TRX’s trading volume dynamics. This signal often indicates a cooling-off phase, which has historically preceded significant acceleration for TRX. Previous instances of similar volume patterns have led to substantial price rallies, reinforcing optimism among traders. As the broader market regains its footing, TRX stands out for its consistent performance. The combination of a solid long-term uptrend and favorable on-chain metrics suggests that a breakout could be on the horizon.
TRX Market Structure: Cooling Volumes Hint at a Potential Breakout
According to Darkfost, the Spot Volume Bubble Map—a tool that visualizes trading volume fluctuations—has begun to show a notable cooling signal for TRX. This indicator reveals that spot volumes have decreased significantly in recent sessions, a pattern typically associated with renewed volatility. While declining activity may initially seem like a lack of market interest, historical trends for TRX tell a different story. Darkfost notes that previous instances of similar conditions have often resulted in major bullish movements.
For example, during July 2021, TRX experienced a sharp volume drop, followed by a price surge from $0.05 to $0.12. A similar situation occurred in October 2024, which was followed by an impressive rally from $0.15 to $0.43. In both cases, decreased trading activity did not signify weakness but rather represented an accumulation phase for long-term investors gearing up for the next breakout. Presently, this cooling phase might be indicative of consolidation rather than a decline in momentum.
As price action stabilizes and volatility compresses, TRX is forming a robust support base, enabling smart money to accumulate positions quietly. If market liquidity returns, led by Bitcoin and altcoins, this structure could act as a launchpad for a short-term rebound or even the beginning of a new acceleration phase for TRX.
TRX Price Analysis: Consolidation Before Potential Upside
Currently, TRX is trading around $0.344, showcasing resilience as it consolidates near short-term resistance. The price has shown a steady recovery from late September lows around $0.32, stabilizing above both the 50-day and 200-day moving averages. This technical setup signals a healthy medium-term structure. The 50-day MA is beginning to curve upward, indicating renewed momentum, while the 200-day MA continues to offer a strong long-term support base.
This situation mirrors several previous consolidation periods where TRX built strength before experiencing significant price increases. The green 100-day MA aligns closely with current price action, creating a convergence zone that often precedes volatility expansion. Resistance remains at the $0.35-$0.36 range, which has consistently capped upward attempts since early September. A confirmed breakout above this level could pave the way toward $0.38-$0.40, effectively resuming the bullish trend observed earlier this year.
On the downside, immediate support is situated near $0.33, followed by $0.32, which has proven resilient through multiple retests. As TRX continues to consolidate and gather strength, traders are advised to keep an eye on these key levels.
In conclusion, TRX’s current market dynamics suggest it is well-positioned for a potential breakout as the broader crypto landscape exhibits renewed strength. Traders looking to capitalize on these trends may want to monitor the evolving situation closely. For further insights on crypto trends, visit relevant text and for trading platforms, check out relevant text.
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