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Golden Cross Sparks Optimism in TRX Price Action
Tron Technical Outlook: Momentum Turns Positive in 2025 By analyzing TRX’s 2025 performance with three key moving averages, we observe a notable shift in trend momentum. On January 20, 2025, SMA50 crossed below SMA100, triggering a textbook death cross pattern. Following this bearish signal, TRX declined from $0.24 to $0.21. However, on May 5, 2025, the SMA50 crossed above SMA100, generating a golden cross. After this bullish crossover, TRX rallied by nearly 11%, currently trading around $0.27. 🧭 Conclusion If TRX price holds above SMA50, upward momentum may further accelerate. Additionally, the convergence of SMA100 and SMA200 signals a strong support zone around $0.23.