Does TRX/usdt price will reach 1$ today

**The TRON (TRX) price is not expected to reach $1.00 today.** Here's the analysis to support this conclusion: 1. **Current Price and Recent Performance**: The current TRX price is $0.44, which has experienced a 1-week percentage change of -6.95% and a 1-month percentage change of 16.03%. This indicates a recent decline followed by a slight recovery. 2. **Market Sentiment**: The sentiment around TRX is bullish, with analysts predicting a high of $0.58 by the end of 2024 and an average price target of $1.58. However, this does not necessarily imply an immediate price increase to $1.00. 3. **Technical Indicators**: The price is currently trading above the 5-Day, 10-Day, and 20-Day Moving Averages, which are $0.43, $0.41, and $0.41, respectively. This suggests a short-term bullish trend, but not necessarily a rapid increase to $1.00. 4. **Resistance and Support Levels**: The resistance level for TRX is $0.45, and the support level is $0.43. The price is currently close to the support level but does not indicate a strong likelihood of a sudden increase. 5. **Long-term Outlook**: The long-term outlook for TRX is positive, with analysts predicting an average price target of $1.58 and an estimated price range of $1.35 to $1.68 by 2030. However, this does not imply an immediate surge to $1.00. In conclusion, while TRX has shown some positive movement and there is a bullish sentiment, the price is not expected to reach $1.00 today. Traders should monitor key levels and market sentiment for potential trading opportunities.