Is TRX Poised to Break the $0.085 Barrier?

TRX price consolidates between $0.075-$0.078.
TRX aligns closely with the 50-day EMA, hinting at a potential breakout.
A bullish surge could push TRX to $0.085.
TRX has seen a 42.97% growth in 2023, with a 52-week high at $0.085.
Currently trading 17.59% below its 2023 high of $0.094.
Positive alignment of the 50 and 200-day EMA post-golden crossover.
1-day chart shows TRX flat-lining at the 23.60% Fibonacci level ($0.076).
Current TRX price is $0.07765 with a 0.80% 24-hour growth.
MACD and RSI indicators suggest bullish momentum.
A breakout above $0.078 could see TRX aiming for $0.10.
A bearish turn might push TRX down to the 38.20% Fibonacci level ($0.067).


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