4 min readWelcome back everyone to another technical update. Today we’re focusing on TRX (TRX/USD), which is showing some very interesting signs of relative strength compared to the broader altcoin market. While Bitcoin is currently finding resistance around the 103,500 area and triggering a minor pullback across many altcoins, TRX is holding up notably well, with its structure still intact and trending.
Starting with the weekly chart, TRX has maintained a relatively strong high time frame uptrend, forming higher highs and higher lows. One key observation here is the white line representing the weekly 20 EMA. Price continues to respect this level on retracements, bouncing around this EMA multiple times, indicating consistent support and strong underlying demand and healthy trend.
Zooming into the daily timeframe, TRX stands out from many other altcoins by trading within a clearly defined range for most of 2025. While many altcoins have seen sharp directional swings, TRX has remained in a steady accumulation phase. What makes this particularly compelling is that price is now pushing into levels that haven’t been tested since January. Although we do not yet have a confirmed breakout above this long-standing range, price is knocking on the door.
Looking at the On-Balance Volume (OBV) indicator below the chart, we can see signs of volume accumulation and a potential breakout. The OBV line is steadily climbing and approaching a key horizontal level that has capped accumulation throughout this consolidation phase. This rising OBV is often a subtle but important sign of increased buying pressure building under the surface.
Additionally, if we look at the volume bars just above, we notice a clear increase in volume on the recent breakout above the 0.255 level. This is particularly significant, as volume is a critical factor in confirming price movements. A breakout that occurs on low volume often lacks conviction, but the volume surge we saw on this move suggests that this could potentially be the beginning of something bigger.
With this kind of structure and volume development, TRX remains an altcoin to keep on the radar as it behaves differently from the broader market and shows clear signs of underlying strength.
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