- TRX buy pressure dominance at 0.025 suggests strong bullish momentum but price action hasn’t fully reacted yet.
- Historical trends show similar buy pressure peaks often lead to major price surges though timing varies.
- Analysts warn Treasury yields and BTC price movements could influence TRX’s next big move.
TRX exhibits robust bullish momentum as buy pressure hits 0.025, its highest level in 90 days, while BTC prices continue to climb. Historical patterns suggest such peaks often precede price surges, yet TRX still shows room for further growth. Analysts highlight the absence of a breakdown, reinforcing optimism for upward movement.
Source: X
TRX Buy/Sell Pressure Reaches Critical Levels
The Buy/Sell Pressure Delta for TRX has surged to 0.025, marking a significant dominance of buying activity over selling pressure. This metric, tracked over 90 days, indicates strong investor confidence. Historically, similar peaks have led to substantial price rallies, though TRX has yet to follow this trend fully.
BTC’s concurrent price rise adds further credibility to TRX’s bullish outlook. The correlation between the two assets suggests broader market optimism. Analysts note that TRX’s resilience, despite high buy pressure, hints at sustained upward potential.
CryptoQuant data underscores this trend, with no immediate signs of a reversal. The absence of a price pullback, despite extreme buy pressure, aligns with past patterns where TRX continued gaining before a correction.
Market Sentiment and Liquidity Factors
TRX’s strength remains variable, with some analysts advising caution due to external macroeconomic factors. Tracking Treasury yields before December could provide clues on liquidity shifts impacting crypto markets. Pure crypto momentum currently drives TRX, but traditional finance influences may soon play a role.
The asset’s price stability at elevated buy pressure levels suggests strong underlying demand. Market participants remain divided, with some anticipating a breakout while others watch for early signs of decay. The 1.1 to 4.8 price range, as noted by Cryptoquant.com, reflects TRX’s volatility within a bullish framework.
Despite bullish signals, risks persist. A complete breakdown, though unlikely now, could emerge if macroeconomic conditions tighten. Analysts emphasize monitoring liquidity flows to gauge TRX’s next major move.
Historical Precedents and Future Projections
Past TRX rallies have often followed prolonged buy pressure accumulation , similar to current conditions. The 90-day delta metric serves as a reliable indicator, though timing exact peaks remains challenging. The current cycle’s extended buy dominance suggests a potential delayed but stronger upward movement.
CryptoQuant’s findings align with this view, noting that TRX has not yet entered the typical price explosion phase. This delay implies healthier, more sustainable growth rather than a short-lived spike. Market watchers speculate whether TRX will mirror past surges or carve a new trajectory.
With BTC’s performance influencing altcoins, TRX’s fate remains partially tied to broader market trends. Should BTC sustain its rally, TRX may experience amplified gains. The question remains: Will TRX’s buy pressure translate into a historic price surge, or will external factors temper its ascent?
