Accumulate

Major

bullish

TRON

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/tron-price-rises-as-whales-accumulate-trx-tokens/" data-wpel-link="internal" rel="noopener noreferrer nofollow">TRON Price Rises as Whales Accumulate TRX Tokens</a><br></p>
<p style="text-align: justify">On November 13, the price of TRON (<a href="https://en.coin-turk.com/bitcoin-drives-altcoin-announcements-and-market-movements/" data-wpel-link="internal" rel="noopener noreferrer nofollow">TRX</a>) surged to $0.1825, currently trading at around $0.1813. The trading volume decreased by 46% over the last 24 hours, indicating that participants are engaging in profit-taking, leading to slower market movements. There is growing speculation regarding whether the TRX price can break current resistance levels and embark on a significant upward trend by the year’s end.</p>
<h2 style="text-align: justify" id="tron-whales-are-active-major-purchases-are-coming">TRON Whales Are Active: Major Purchases Are Coming</h2>
<p style="text-align: justify">Data from IntoTheBlock indicates a notable increase in TRON whale activity in the past 24 hours. Large investors have increased their TRX purchases by 458% over the last week, suggesting that significant investors are accumulating TRX in anticipation of a possible price rise.</p>
<p style="text-align: justify">The long-term upward trend in the TRX price chart showcases a bullish flag formation. This structure has broken upward, indicating a continuation of the previous upward trend. The price is trading within a steadily rising channel, suggesting a controlled continuation of the upward movement.</p>
<h2 style="text-align: justify" id="short-and-medium-term-price-targets-for-tron">Short and Medium-Term Price Targets for TRON</h2>
<p style="text-align: justify">TRON price analyses identify near-term resistance levels at $0.228 and $0.288, with the main resistance at $0.462. The target price for the bullish flag formation is projected to increase by 800% from current levels to $1.68. Significant support levels are observed at $0.181 and a stronger support point at $0.044.</p>
<p style="text-align: justify">Investor interest in the TRON ecosystem significantly impacts price movements. Monitoring current market analyses could be beneficial for TRX participants in making strategic decisions.</p>
<p>The post <a href="https://en.coin-turk.com/tron-price-rises-as-whales-accumulate-trx-tokens/" data-wpel-link="internal" rel="noopener noreferrer nofollow">TRON Price Rises as Whales Accumulate TRX Tokens</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

TRON Price Rises as Whales Accumulate TRX Tokens

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