Featured News Headlines
- 1 TRON Price Squeeze: Is a Major Move Coming for TRX?
- 2 TRX Price Moves Above Mid-Band, Hinting at Accumulation Phase
- 3 Whale and Investor Accumulation Signals Smart Money Confidence
- 4 Netflows Stabilizing After Prolonged Selling
- 5 Wallet Creation Is Growing—but Activity Remains Low
- 6 Social Buzz Rises, But Is It Enough?
- 7 Key Resistance Ahead: Will TRX Break Through?
TRON Price Squeeze: Is a Major Move Coming for TRX?
TRON Price– TRON’s [TRX] price has been trading in a narrow range, with Bollinger Bands tightening to levels not seen since early June. This volatility squeeze typically precedes significant market moves, sparking speculation about an upcoming breakout.
TRX Price Moves Above Mid-Band, Hinting at Accumulation Phase
Recently, TRX bounced off the lower Bollinger Band near $0.26 and climbed above the mid-band. This price action is often interpreted as a transition from selling pressure to accumulation. As of the latest data, TRX is trading around $0.2775, posting a modest 0.72% daily gain.
This technical positioning suggests the asset may be gearing up for a larger move if momentum continues building.
Whale and Investor Accumulation Signals Smart Money Confidence
In the last 30 days, holdings by crypto whales have grown by 9.55%, while investor-level wallets have expanded by an impressive 45.49%. This substantial increase from larger market participants, often referred to as “smart money,” points to growing institutional confidence in TRX’s outlook.
In contrast, retail wallet growth remains relatively flat, up only 2.54% over the same period. This divergence often appears before major market shifts, as professional accumulation usually leads broader participation.
Netflows Stabilizing After Prolonged Selling
“After weeks of persistent outflows, TRX’s netflows appear to be leveling off,” according to current data showing netflows near neutral at $495.01K.
This stabilization follows multiple sessions of net outflows exceeding $10 million, indicating that sellers may be running out of momentum. While neutral flows are not inherently bullish, they suggest a more balanced market condition. A shift to net inflows could act as a further catalyst if price compression continues.
Wallet Creation Is Growing—but Activity Remains Low
TRON has seen a 2.79% increase in new wallet creation over the past week, reflecting rising interest from users or speculators. However, the number of Active Addresses has only ticked up by 0.64% in the same timeframe.
This gap suggests many new wallets remain inactive, possibly awaiting stronger price action. If engagement begins to match wallet growth, it could strengthen TRX’s on-chain profile and provide additional momentum for a breakout.
Social Buzz Rises, But Is It Enough?
Social mentions and online discussions surrounding TRX have picked up, with social dominance reaching 0.948%. While still below its mid-June peak of 1.4%, this uptick in attention coincides with increasing accumulation and tightening price action.
That said, “sentiment alone rarely sustains momentum.” A breakout that coincides with high social engagement could invite retail participation, but without confirmation, it risks short-term volatility driven by hype rather than fundamentals.
Key Resistance Ahead: Will TRX Break Through?
At the time of writing, TRX is trading just below the 0.786 Fibonacci retracement level at $0.2875, while remaining above its ascending trendline. The Relative Strength Index (RSI) is currently at 55.15—indicating mild bullish momentum.
Technical indicators, including compressed Bollinger Bands and higher low formations, point to increasing upward pressure. A breakout above $0.2875 could open the path toward the 1.618 Fibonacci extension at $0.3178.
If the price fails to break resistance, however, it may pull back toward the trendline support. For now, the market structure favors bulls, but a decisive move is necessary to confirm a sustained rally.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
