TRX Daily Analysis

March 7, 2025 TRX Daily Analysis TRX Daily Analysis

March 7, 2025 TRX/USDT TRX Daily Analysis
TRX Daily Analysis

Outlook

TRX current price is 0.2377 USDT and the current market cap is 117.957.064 USDT. This chart period started 210 days ago (10 August 2024) with a total of 107 days closing above the opening price and 98 days closing below the opening price. The lowest price was 0.1256 USDT on 13 August 2024, and the highest price was 0.45 USDT on 04 December 2024. The current price is 89.25% above the lowest price and 47.18% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 0.2390622-Day Moving Average: 0.237954545550-Day Moving Average: 0.23931100-Day Moving Average: 0.251262250-Day Moving Average: 0.19227892500-Day Moving Average: 0.15377124

Moving Average Analysis

The current price is %0.57 lower than the 5-Day moving average and has been below it for 1 days.The current price is %0.11 lower than the 22-Day moving average and has been below it for 1 days.The current price is %0.67 lower than the 50-Day moving average and has been below it for 1 days.The current price is %5.40 lower than the 100-Day moving average and has been below it for 35 days.The current price is %23.62 higher than the 250-Day moving average and has been above it for 112 days.The current price is %54.58 higher than the 500-Day moving average and has been above it for 153 days.

Trends

The longest uptrend in the 210 day period is 7 days. It started at 0.1944 USDT on 26 November 2024 and ended by increasing by 122.94% to 0.4334 USDT on 03 December 2024.The longest downtrend is 7 days. It started at 0.16 USDT on 30 August 2024 and ended by decreasing -7.63% to 0.1478 USDT on 06 September 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 0.2274 USDT on 03-03-2025 Support: 0.2267 USDT on 04-03-2025 Support: 0.2391 USDT on 06-03-2025 Support: 0.2349 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 0.2475 USDT on 02-03-2025 Resistance: 0.2452 USDT on 05-03-2025 Resistance: 0.2468 USDT on 06-03-2025The lowest support level is 0.2267 USDT on 04-03-2025, and the highest resistance level is 0.2475 USDT on 02-03-2025. The percentage difference between these levels is approximately 9.2%.

Volume

The previous trading day’s volume (06-03-2025) 406,463,553.80 USDT. Highest volume in the last 210 days is 4,732,014,524.00 USDT on 03-12-2024. Lowest volume in the last 210 days is 112,061,644.00 USDT on 21-09-2024. Difference between highest and lowest volume is 4122.69%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 693,088,374.82 USDT22-day Moving Average Volume: 615,724,146.67 USDT50-day Moving Average Volume: 761,710,779.19 USDT100-day Moving Average Volume: 882,702,184.48 USDT250-day Moving Average Volume: 574,023,171.29 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 406,463,553.80 USDT
Previous day’s volume is 41.35% lower than the 5-day moving average.Previous day’s volume is 33.99% lower than the 22-day moving average.Previous day’s volume is 46.64% lower than the 50-day moving average.Previous day’s volume is 53.95% lower than the 100-day moving average.Previous day’s volume is 29.19% lower than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is 12.56% higher than the 22-day moving average.22-day moving average is -19.17% lower than the 50-day moving average.50-day moving average is -13.71% lower than the 100-day moving average.100-day moving average is 53.77% higher than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 02-11-2024 with a volume of 121,434,723.90 USDT and ended on 06-11-2024 with a volume of 396,319,649.90 USDT, lasting for 4 days and representing a 226.36% increase.The longest consecutive volume decrease started on 14-10-2024 with a volume of 331,255,046.30 USDT and ended on 20-10-2024 with a volume of 122,631,882.80 USDT, lasting for 6 days and representing a 62.98% decrease.

Price Volume Coorelation

During the longest volume increasing period price decrease from 0.1661 USDT to 0.1625 USDT, which represents a -2.17% change.During the longest volume decreasing period price decrease from 0.1606 USDT to 0.1567 USDT, which represents a -2.43% change.

Strategy

There is no trend formation at the moment. We should wait until a trend forms.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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