Tron Price Gears For A Bullish Rally Above<\/h2>\n
The TRX\/USDT daily chart presents an intriguing technical setup, with the token trading at $0.2319<\/a> after a 2.19% drop in the last 24 hours. Despite recent weakness, TRX remains in a consolidation phase, forming a descending triangle pattern that could soon lead to a decisive breakout.<\/p>\n 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.<\/p>\n 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.<\/p>\n TRXUSDT Analysis Source: Tradingview<\/p>\n 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.<\/p>\n Momentum indicators indicate a neutral view, with the 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.<\/p>\n 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.<\/p>\n As Tron (TRX) traders gear up for a potential breakout, investors are turning their attention to the Meme Index (MEMEX)<\/a>, a new meme coin project that has already raised over $4 million in its presale.<\/p>\n MEMEX is the first-ever meme coin index, designed to help investors diversify their meme coin portfolios. The project’s team has confirmed that the presale will officially close on March 31, giving early adopters a final opportunity to buy in before its much-anticipated launch.<\/p>\n The platform offers four unique investment indexes, each catering to different risk appetites. The Meme Titan Index focuses on relatively stable meme coins, while the Meme Moonshot Index includes a mix of high-potential emerging projects.<\/p>\n Are you ready to join the Frenzy?!$MEMEX<\/a> is your ticket into the biggest and best way to invest in Crypto. 🔥 pic.twitter.com\/2Hv6QdoFzB<\/a><\/p>\n — Meme Index (@memecoin_index) March 18, 2025<\/a><\/p><\/blockquote>\n![\"Tron](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/TRXUSDT_2025-03-19_10-07-40.png\")
<\/p>\nMeme Index Crashes Past $4 Million As Its Presale Nears Its End<\/h2>\n
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