The TRX trend is quite weak in the short term, just swaying within a small range, and the medium to long-term outlook is also a downward trend.

In terms of price, the latest price is 0.27964. Compared to the lowest price of 0.27784 in the last 24 hours, it has increased a little; compared to the highest price of 0.28047, it has decreased a bit. The increase in 24 hours is 0.51%, and this small fluctuation is almost negligible, showing that the trading enthusiasm in the market is not high. The trading volume in 24 hours is only 44,123,200 USDT, with a trading volume of 158,000,000 TRX, and the volume has not picked up at all, making it difficult to push upwards.

Looking at the moving averages, the 7-day moving average is 0.27907, and the 25-day moving average is 0.28014. In the short term, these moving averages are basically flat, with the price moving back and forth around them in small increments. However, the 99-day moving average has reached 0.30537, and the long-term moving averages keep pressing down, severely constraining the price, indicating that the medium to long-term downward trend has not changed.

The differences in the increase data over different time periods also reflect the trend variations. Today, there is an increase of 0.36%, a 7-day increase of 1.81%, indicating a slight rebound in the short term. However, there is a decrease of 1.40% over 30 days, and a sharper drop of 19.51% over 90 days; only the 180-day and 1-year periods show some profit, indicating that the long-term is in a weak adjustment.

In my view, TRX is currently looking for a bottom in a short-term fluctuation. If the volume does not increase and there are no positive news stimuli, the medium to long-term will likely continue to decline.

Although the overall market is slightly sluggish now, opportunities to earn USDT will come! Be patient and wait for the opportunity to arise; the chat room will provide more information below, and I will share trading points later.