Latest news
Cryptocurrency prices
Advertise
Cryptocurrency news Cryptocurrency predictions

© 24crypto.news 2026. | Crypto news written for you from the heart

TRON (TRX) Eyes Breakout as Transactions Double

TRON (TRX) Eyes...
TRON (TRX) Eyes Breakout as Transactions Double

TRON (TRX) Eyes Breakout as Transaction Count Doubles and Whales Accumulate

TRON (TRX) Surges on Whale Accumulation, Transaction Spike — Is a Breakout Toward $0.30 Imminent?

TRON (TRX) is flashing strong bullish signals, with daily transactions doubling since September 2023 and 98% of holders in profit, per IntoTheBlock data. Network activity, whale accumulation, and on-chain metrics suggest a potential breakout—but overhead liquidity clusters could bring a sharp reversal.

Daily Transactions Hit 9 Million — Revenue Surges

TRON's daily transaction count surged from under 5 million to 9 million, representing an 80%+ increase in on-chain activity since Q3 2023. This has directly boosted network revenue, as more user activity translates into increased fees—reinforcing a bullish network fundamental.

Whale Accumulation and “In The Money” Stats Show Strong Support

According to IntoTheBlock, a staggering 98% of TRX holders are in profit, and 28.39 billion TRX was bought in the $0.243–$0.28 zone—forming a robust demand base worth $7.4 billion.

In contrast, only 4.48 billion TRX were purchased between $0.288 and $0.455, suggesting relatively low overhead resistance.

 Key takeaway: The $0.24–$0.28 area serves as a solid accumulation zone, with limited risk of major sell-side pressure above.

Exchange Outflows Confirm Accumulation Phase

Glassnode’s Exchange Net Position Change turned negative over the last month, indicating that TRX is being pulled off exchanges—a classic sign of accumulation. This aligns with historical patterns from October 2024, which preceded a major rally in November and December.

This off-exchange movement suggests investors are preparing for long-term holding, not short-term selling.

TRX Faces Key Resistance at $0.2945 — But a Liquidity Hunt May Follow

Ethereum Double Bottom: Why ETH Eyes a $3,900 Breakout as Bulls Reclaim Key Support in Early 2026

Despite the bullish setup, TRX remains in a range that’s held since May. The upper bound lies near $0.2945, which coincides with the next critical test for bulls.

According to CoinGlass’ liquidation heatmap, there are two major liquidity pockets above current price:

  •  $0.29

  •  $0.295–$0.30

These are magnetic zones—areas where a large number of leveraged positions could trigger liquidations, drawing price toward them. Once these zones are tagged, a sharp reversal could follow as overleveraged longs get flushed out.

Trading Strategy: Long the Rally, Exit Near $0.30

Traders can consider two high-probability setups:

Strategy 1: Range Play

  • Enter long in the $0.27–$0.28 demand zone

  • Exit around $0.295–$0.30 (liquidity zone / range highs)

  • Stop-loss below $0.26 for protection

Strategy 2: Breakout & Retest

  • Wait for clear breakout above $0.30

  • Enter on retest of $0.30 as support

  • Target higher extension levels (e.g., $0.325)

  • Maintain tight stop in case of a failed breakout

TL;DR – What to Watch

MetricSignal
Daily Transactions Doubled to 9M — Bullish
Exchange Netflow Negative — Accumulation
98% Holders in Profit Strong Support
Resistance $0.2945 (range high)
Liquidity Clusters $0.29 and $0.295–$0.30
Key Risk Profit-taking + Long liquidations post-rally

 

Conclusion

TRON (TRX) is primed for a move higher, driven by network strength, whale demand, and seller exhaustion. But traders should stay alert near $0.30, where liquidation traps and long squeezes could reverse gains quickly. A breakout and retest of $0.30 would mark the true signal for continuation toward higher targets.

Svetlana Petkova publication: "TRON (TRX) Eyes Breakout as Transactions Double" was written for 24crypto.news

We would be grateful if you would share this news!

Tumblr
LinkedIn
Reddit
VK
Telegram
E-Mail
WhatsApp
Viber

News from today


Related news

More news with author: Svetlana Petkova

Top crypto news

Institutional Sta...
Institutional Stampede: Why XRP ETFs Are Outperforming BTC and ETH in Inflow Consistency

XRP Slides 3% and Loses Fourth Place to BNB Despite Resilient ETF Inflows and Derivatives Support XRP experienced a notable 3% decline...

Ethereum $3.2K Al...
Ethereum $3.2K Alert: 70% Long Skew on Binance Risks Squeeze Before $4K Breakout

Ethereum Pulls Back 3% from Weekly Highs: Healthy Reset or Early Warning Amid Record Network Activity? Ethereum (ETH) is experiencing a...

Shiba Inu Bolling...
Shiba Inu Bollinger Band Alert: Mid-Band Defense or $0.0000076 Retest?

Shiba Inu (SHIB) at Critical Juncture: Must Hold Middle Bollinger Band to Avoid Deeper Correction Shiba Inu (SHIB) has faced renewed selling...

Bitcoin Hits $97K...
Bitcoin Hits $97K: BlackRock Clients Pour $646M Into BTC as Shorts Get Wiped Out

Bitcoin Rebounds to $96K–$97K as BlackRock Buying Tops $646M and Leverage Resets Favor Bulls Bitcoin (BTC) has staged a convincing...

Latest news


Popular categories


Retro crypto news


Crypto Predictions


Crypto News


Crypto sites


About us


24crypto.news: A trusted source for the latest crypto news and predictions

24crypto.news is your portal to the world of cryptocurrencies. We provide you with the latest news , in-depth analysis and accurate forecasts for Bitcoin , Ethereum , Altcoins and more.

Here's what you can expect from 24crypto.news:

  • Fast and accurate news: Stay up to date with the latest developments in the world of cryptocurrencies.
  • Expert Forecasts: Get valuable insights from leading analysts and investors.
  • Market Analysis: Understand what drives cryptocurrency prices.
  • Beginner's Guides: Learn everything you need to know to get started with cryptocurrencies.
  • Tools and Resources: Find everything you need to invest wisely.

24crypto.news is your faithful companion on the crypto journey. Join us today!