Are you considering investing in TRX and want to be backed by detailed price analysis before entering the market? Then this TRX price review is for you. We’ll walk you through the latest 24-hour price moves, key chart behavior, and momentum shifts using real market data. Whether you’re watching for a confirmed breakout or just trying to read the trend, this breakdown highlights critical levels and technical signals. Let’s dive into what TRX is doing right now.
TRON (TRX) Price Analysis of May 5th, 2025
The TRX price action over the last 24 hours shows an early consolidation within a sideways path between $0.2470 and $0.2485. This narrow range lasted until around 16:45 UTC, showing limited volatility and muted momentum. Both RSI and MACD remained mostly flat, with RSI hovering midline and MACD showing no real strength, signaling market indecision. Tron price briefly spiked around 15:00 UTC but was pulled back quickly, failing to breach any major levels. This phase reflected a classic range-bound market where neither buyers nor sellers held clear control, setting the stage for eventual directional movement later in the day.
Chart 1- TRX/USDT M5 Chart, Analyzed by Alokkp0608, published on May 5th, 2025.
From 16:45 UTC to around 01:45 UTC on May 5, the TRX slipped into a descending channel. It lost support from the $0.2470 zone and gradually slid toward the $0.2460 support level. The RSI dipped into oversold territory near 20:30 UTC, and MACD showed a death cross shortly after 18:00 UTC, confirming downward momentum. Attempts at short recoveries were capped under $0.2480, and price action repeatedly failed to reclaim its earlier range. However, selling pressure weakened as it approached support, and this slowdown was followed by brief sideways-to-up movements after 23:50 UTC. Overall, bearish pressure dominated but showed signs of fatigue near support.
Spike Reversal and TRX Breakout Attempt Shift Sentiment
At 01:45 UTC, Tron price flipped direction and entered a strong uptrend channel, powered by a sharp bullish spike near 02:20 UTC. This momentum pushed it through the resistance zone of $0.2490 around 03:50 UTC. RSI entered the overbought zone, while a golden cross formed on the MACD just prior, supporting the bullish move. TRX Price action hit a high of $0.2505 by 06:15 UTC, confirming short-term buyer strength. The move broke the recent downtrend structure convincingly, attracting volume. This surge above the $0.2490 resistance looked like a breakout, but the rally lost steam quickly after peaking, showing the move might be overextended.
The rise quickly reversed from $0.2505, leading to a downward channel that broke below the earlier resistance zone by 07:00 UTC. This invalidated the breakout and confirmed it as a false move. A death cross on the MACD formed shortly after, and RSI dropped from overbought to below the 30-mark, signaling a shift back to bearish momentum. Selling pushed the price down to $0.2472, nearly revisiting the earlier support area. This retreat erased most of the upside gains and left the market in a vulnerable position again, especially with indicators pointing toward weakness and reduced buying interest.
Retest Underway After False Breakout
TRX’s most recent price movement shows an attempt to stabilize just above $0.2480 following the sharp fall from $0.2505. After bouncing off $0.2472, the price slightly recovered, but upward momentum remains weak. RSI is hovering around neutral, and MACD lines are flat, indicating indecision. The failed TRX breakout above $0.2490 is now acting as resistance again, and buyers are showing hesitation near that level. For now, the price is trying to establish a base between $0.2475 and $0.2485, and bulls need a solid push above $0.2490 to regain control. Without that, sideways or downward action remains more likely in the near term.
Momentum Falters Below Resistance, Bearish Risk Increases
TRX faces renewed pressure after its false breakout attempt failed to hold above $0.2490. The Tron price action has turned sideways-to-lower, with momentum indicators showing weakness. Unless TRX breaks firmly above $0.2490 with volume, it risks falling back toward $0.2460. The RSI recently recovered from oversold but hasn’t built strength, and MACD remains near a fresh death cross with no strong reversal signs. Bulls need to protect $0.2470–$0.2460 to avoid further downside. If support holds, a second TRX breakout attempt is possible, but hesitation and previous rejection near highs suggest sellers are still active. Neutral-to-bearish momentum dominates unless a shift occurs soon.
TRON (TRX) Price Analysis of May 9th, 2025
The TRON price action over the last 24 hours, from May 8, exhibits a notable shift from consolidation into a volatile breakout phase. Initially, TRX price moved sideways within a narrow range of $0.2498 to $0.2517 until around 15:05 UTC, staying in a low-volatility phase. A sudden momentum spike followed at 15:15 UTC, triggering a sharp upward movement that peaked briefly near $0.2580 at 15:25 UTC. RSI surged into overbought territory during this phase, and MACD produced a golden cross, confirming bullish momentum. The TRX breakout above $0.2540 marked a new support level as the price stabilized just above it in the next interval.
Chart 2- TRX/USDT M5 Chart, Analyzed by Alokkp0608, published on May 9th, 2025.
From 15:30 UTC to 18:30 UTC, the TRX price settled into a sideways path above the $0.2540 support level. While the earlier spike cooled off, buyers managed to defend the new base level despite fading volume. The RSI remained mostly in the overbought zone, suggesting sustained bullish pressure but also growing risk of exhaustion. Meanwhile, the MACD began flattening out after its earlier golden cross, with histogram bars showing weakening momentum. Despite no fresh highs, the structure held steady without sharp pullbacks, keeping the bias slightly positive.
Buyers Regain Control After Dip
Between 18:30 UTC and 21:30 UTC, TRX price shifted from range-bound action to a gradual climb, with the price approaching the resistance zone of $0.2580 again. The rally was fueled by renewed MACD strength and another golden cross near 21:00 UTC, with RSI touching overbought levels once more. However, the Tron price failed to break resistance on the first attempt at 21:20 UTC, retreating modestly into a sideways pattern that extended until 01:10 UTC on May 9. RSI flattened just below the overbought line, while MACD showed weakening histograms without a clear reversal, signaling indecision.
From 01:15 UTC to 04:15 UTC, sellers began to take control after the second failed TRX breakout attempt. TRX pulled back toward the $0.2540 support level, eventually retesting it at 04:00 UTC. The RSI dipped into the oversold region briefly during this correction, and the MACD issued a death cross around the same time, signaling a bearish short-term bias. Despite this, the price never broke the $0.2540 support, suggesting strong demand at that level. This support area now becomes a critical pivot for future direction.
Moderate Recovery Builds Below Resistance
In the final interval, from 04:15 UTC to 07:15 UTC, the TRX price began a slow and steady recovery off the $0.2540 support. Price action showed higher lows, suggesting some buyer confidence returning after the dip. RSI rebounded sharply from oversold territory, while MACD registered a fresh golden cross, hinting at an early bullish reversal. Still, the price remained below the $0.2580 resistance, making this recovery cautious rather than aggressive. The current challenge is whether bulls can maintain momentum to retest resistance or get pushed back into sideways consolidation once again.
TRX Bullish Momentum Faces Resistance Test at $0.2580
Tron Price is showing early signs of bullish recovery after holding strong at the $0.2540 support level. Momentum is cautiously improving with a golden cross on the MACD and RSI rebounding from oversold territory. However, the $0.2580 resistance remains unbroken after two failed attempts, suggesting this level is still a major hurdle. If buyers can push past it with volume confirmation, TRX could aim for $0.2605 and $0.2630 next. Until then, the trend remains neutral-to-bullish with strong support at $0.2540 and deeper support at $0.2515 if weakness returns.
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