Join Our Telegram channel to stay up to date on breaking news coverage
The Tron price has jumped 4% in the last 24 hours to trade at $0.2319 as of 2:40 a.m. EST on a 64% pump in trading volume to $1.14 billion.
The surge in the TRX price comes after Justin Sun announced TRX’s expansion to the Solana blockchain. The integration is expected to enhance adoption, improve transaction speeds, and attract more investors.
It could also open new opportunities in DeFi and NFTs, boosting liquidity and making TRX more appealing. With bullish momentum building, TRX is now targeting the $0.27 mark.
Tron Price Gears For A Bullish Rally
The TRX/USDT daily chart presents an intriguing technical setup. TRX remains in a consolidation phase, forming a descending triangle pattern that could soon lead to a decisive breakout.
After experiencing a significant rally in late 2024, which saw prices surge above $0.45, TRX has since retraced and found stability within a key support zone between $0.21 and $0.22.
Traders are closely watching the $0.25 resistance level, where TRX has consistently faced selling pressure. This zone coincides with an order block (OB) and a long-term descending trendline, making it a crucial level for a potential breakout.
TRXUSDT Analysis Source: Tradingview
If buyers gain momentum and break above $0.25, TRX could enter a fresh bullish phase, targeting $0.30 to $0.35 in the short term. On the flip side, a failure to clear this resistance could lead to a retest of the $0.21 – $0.22 support range, and if that level breaks, a deeper correction toward $0.10 could unfold as sell-side liquidity gets triggered.
Momentum indicators indicate a neutral view, with the Related Strength Index (RSI) currently at 50.30, slightly above the 45.08 signal line. This indicates that market sentiment is indecisive, awaiting a catalyst for the next move. Analysts recommend traders keep an eye on volume spikes, as a breakout above $0.25 with strong volume would confirm bullish momentum.
In the broader market, TRX’s movement could be influenced by macroeconomic factors, Bitcoin’s price action, and regulatory developments affecting the crypto space. If bullish momentum picks up, a breakout could provide lucrative opportunities, but a failure to do so might spell further downside pressure. The next few trading sessions will determine TRX’s direction, with $0.25 as the battleground.
Meme Index Crashes Past $4 Million As Its Presale Nears Its End
As Tron traders gear up for a potential breakout, investors are turning their attention to Meme Index (MEMEX), a new meme coin project that has already raised over $4 million in its presale.
MEMEX is the first-ever meme coin index, designed to help investors diversify their meme coin portfolios. The project’s team has confirmed that the presale will officially end on March 31, giving early adopters a final opportunity to buy in before its much-anticipated launch.
The platform offers four unique investment indexes, each catering to different risk appetites. The Meme Titan Index focuses on relatively stable meme coins, while the Meme Moonshot Index includes a mix of high-potential emerging projects.
Are you ready to join the Frenzy?!$MEMEX is your ticket into the biggest and best way to invest in Crypto. 🔥 pic.twitter.com/2Hv6QdoFzB
— Meme Index (@memecoin_index) March 18, 2025
The Meme Midcap Index targets mid-tier meme coins with strong growth potential, and the Meme Frenzy Index is designed for high-risk, high-reward investments. This structured approach allows investors to spread their risk while capitalizing on the booming meme coin sector.
MEMEX has quickly gained traction, drawing the attention of major influencers. The popular YouTube channel 99Bitcoins, which has over 726K subscribers, has predicted that MEMEX could soar 100x after launch.
Beyond its innovative indexing model, MEMEX also attracts investors with its high-yield staking rewards. Currently, the project offers an impressive 558% APY, making it one of the most rewarding opportunities in the meme coin space.
With only 12 days left until the presale ends, investors are rushing to secure their positions before prices increase post-launch.
Right now, MEMEX tokens are available for just $0.0166883, presenting a lucrative entry point for early investors.
To participate in the presale, users can connect a wallet like Best Wallet and purchase MEMEX using crypto or a bank card.
Related Articles:
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
