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TRX Monthly Technical Analysis

Timeframe: DailyWeeklyMonthly

Tron

TRON (TRX) is a decentralized blockchain platform for content sharing and dApps, aiming to create a free digital entertainment ecosystem; TRX is its native utility token used for transactions, governance (staking/voting), and powering the network, known for high throughput and low fees.

Last price: $0.29 Value score: 43.25 Short-term sentiment: Neutral Long-term sentiment: Bullish Last updated: 2026-02-02T07:20:12.566Z

TRX Technical Analysis Summary

TRX has established a strong secular uptrend after exiting a multi-year accumulation phase. While the long-term structure is decisively bullish with price holding above the 20-month and 50-month SMAs, short-term momentum is waning as indicated by the negative monthly MACD histogram and recent price rejection near 0.45. The market is likely entering a period of consolidation or mean reversion towards the 0.25 support zone before deciding on trend continuation.

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TRX Monthly Chart

Monthly candlestick price chart for TRX as of 2026-02-02T07:20:12.566Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Monthly candlestick price chart for TRX as of 2026-02-02T07:20:12.566Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Neutral

Price is consolidating after a parabolic advance, evidenced by the monthly MACD histogram turning negative and a bearish crossover of the MACD lines. The current candle shows a pullback, though structure remains constructive above immediate dynamic support.

Long-term Sentiment (weeks to months): Bullish

The asset is in a clear secular bull regime, trading well above the rising 50-month SMA and having successfully broken out of a multi-year base (2018-2023). The 20-month SMA is acting as trend support.

Report Metadata

Support Price Levels

Level Range Strength Notes
$0.25 $0.25 - $0.25 Strong Confluence of the 20-month SMA (Middle Bollinger Band) and recent consolidation lows.
$0.18 $0.17 - $0.18 Strong Major multi-year structural breakout level (former 2021 resistance highs).
$0.15 $0.15 - $0.15 Strong 50-month SMA level.

Resistance Price Levels

Level Range Strength Notes
$0.37 $0.36 - $0.37 Weak Upper Bollinger Band which previously capped the parabolic move.
$0.45 $0.44 - $0.45 Strong Recent swing high wicks representing the local top of the current trend.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Secular Breakout / Rounding Bottom Bullish N/A A massive 5-year base formation spanning from 2018 to 2023, which resolved in a high-volume breakout above the 0.18 level.

Frequently Asked Questions about TRX

What is the current sentiment for TRX?

The short-term sentiment for TRX is currently Neutral because Price is consolidating after a parabolic advance, evidenced by the monthly MACD histogram turning negative and a bearish crossover of the MACD lines. The current candle shows a pullback, though structure remains constructive above immediate dynamic support.. The long-term trend is classified as Bullish.

What are the key support levels for TRX?

StockDips.AI has identified key support levels for TRX at $0.25 and $0.18. These levels may represent potential accumulation zones where buying interest could emerge.

Is TRX in a significant dip or a Value Dip right now?

TRX has a Value Score of 43/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.