Log in

Home
aura-logo
Our Top Pick
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. TRX Technical Analysis - Major Support Must Hold
News

TRX Technical Analysis - Major Support Must Hold

Updated: Jul 25, 2024
Published: Sep 25, 2019
0
Share:

TRX has been one of the biggest losers in Q3, with its value down over 60% since the end of June. At the time of writing TRX is trading at $0.013 USD The 14th coin by market cap has not only been losing market cap but volume as well (From $772m in June to $616m this week).

Post Feature Image

Tron’s 7 day high was $0.018 (on Sept. 16th) from that point onwards, TRX has recovered its bearish momentum. We project that TRXUSD could easily reach the $0.011 support, as the current zone has not held.

The next demand zone worth highlighting, that TRX is reaching is its ATL (All time lows). The $0.011 historical low was formed in Oct 2018, after this date, TRX USD rejected the zone and spiked over 200% in less than four months.

It seems like there is a fundamental-technical confluence, as the Tron’s team is planning to launch an update of the Sun Network very soon. The last release of the Network occurred on August 11, but major improvements were needed, such as the energy consumption of the sidechain. If the next release successfully fix the issue with the energy consumption as well as several other efficiency measures, then, we can expect TRX USD to bounce from the historical low highlighted in blue.

Get winning crypto tips in 5 minutes a day

Login or upgrade to Cryptonary Pro

Pro

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

$799

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

What’s included?

  • 24/7 Access to Cryptonary's Research team who have over 50 years of combined experience

  • All of our top token picks for 2025

  • Our latest memecoins pick with 50X potential

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)

  • Curated list of the most lucrative upcoming Airdrops (Free Money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

Recommended from Cryptonary
BTC, ETH, and More: Breakouts, Targets, and Altseason Setups
PRO
Market Direction
BTC, ETH, and More: Breakouts, Targ...The market is testing breakout levels for BTC, ETH, and SOL while HYPE and AURA extend rallies. Eyes...
10 min read
Sep 12, 2025
Essentials: Crypto Security in 2025
PRO
Education
Essentials: Crypto Security in 2025Picture this: you log in expecting to see your portfolio at all-time highs. The numbers should be gr...
19 min read
Sep 12, 2025
Market Pulse: CPI and Jobless Claims Surprise
PRO
Market Pulse
Market Pulse: CPI and Jobless Claim...A slight inflation uptick and spiking jobless claims jolted markets, but risk sentiment swiftly rebo...
4 min read
Sep 11, 2025
Market Pulse: FED Meeting and How We're Playing It
PRO
Market Updates
Market Pulse: FED Meeting and How W...Tomorrow’s FED meeting could set the tone for the rest of the year. BTC is on the edge, gold is brea...
4 min read
Sep 16, 2025
BTC, ETH and More: Breakouts, FED Volatility, and Critical Supports
PRO
Market Direction
BTC, ETH and More: Breakouts, FED V...BTC holds pivotal support ahead of the FED, ETH and SOL test upside levels, HYPE and AURA push new h...
10 min read
Sep 15, 2025
This Week’s Setup: All Eyes on Powell and the FED?
PRO
Market Updates
This Week’s Setup: All Eyes on Powe...The stage is set for one of the most important Fed meetings of the year. Rate cuts are expected, but...
4 min read
Sep 15, 2025
BTC, ETH, and More: Breakouts, Targets, and Altseason Setups
PRO
Market Direction
BTC, ETH, and More: Breakouts, Targ...The market is testing breakout levels for BTC, ETH, and SOL while HYPE and AURA extend rallies. Eyes...
10 min read
Sep 12, 2025
Essentials: Crypto Security in 2025
PRO
Education
Essentials: Crypto Security in 2025Picture this: you log in expecting to see your portfolio at all-time highs. The numbers should be gr...
19 min read
Sep 12, 2025
Market Pulse: CPI and Jobless Claims Surprise
PRO
Market Pulse
Market Pulse: CPI and Jobless Claim...A slight inflation uptick and spiking jobless claims jolted markets, but risk sentiment swiftly rebo...
4 min read
Sep 11, 2025
Market Pulse: FED Meeting and How We're Playing It
PRO
Market Updates
Market Pulse: FED Meeting and How W...Tomorrow’s FED meeting could set the tone for the rest of the year. BTC is on the edge, gold is brea...
4 min read
Sep 16, 2025
BTC, ETH and More: Breakouts, FED Volatility, and Critical Supports
PRO
Market Direction
BTC, ETH and More: Breakouts, FED V...BTC holds pivotal support ahead of the FED, ETH and SOL test upside levels, HYPE and AURA push new h...
10 min read
Sep 15, 2025
This Week’s Setup: All Eyes on Powell and the FED?
PRO
Market Updates
This Week’s Setup: All Eyes on Powe...The stage is set for one of the most important Fed meetings of the year. Rate cuts are expected, but...
4 min read
Sep 15, 2025
BTC, ETH, and More: Breakouts, Targets, and Altseason Setups
PRO
Market Direction
BTC, ETH, and More: Breakouts, Targ...The market is testing breakout levels for BTC, ETH, and SOL while HYPE and AURA extend rallies. Eyes...
10 min read
Sep 12, 2025
Essentials: Crypto Security in 2025
PRO
Education
Essentials: Crypto Security in 2025Picture this: you log in expecting to see your portfolio at all-time highs. The numbers should be gr...
19 min read
Sep 12, 2025
Market Pulse: CPI and Jobless Claims Surprise
PRO
Market Pulse
Market Pulse: CPI and Jobless Claim...A slight inflation uptick and spiking jobless claims jolted markets, but risk sentiment swiftly rebo...
4 min read
Sep 11, 2025
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
aura-signup-image

Only the

possessed

shall know 🔮

The next billion-dollar memecoin is here. But knowledge must be earned.