TRON/XRP Market Overview (2025-09-13 12:00 ET)

• TRON/XRP declined 1.4% over 24 hours, closing at 0.1116 with bearish consolidation below key support.
• Volatility increased mid-session, marked by 15-minute Bollinger Band expansion and diverging volume spikes.
• RSI reached oversold territory near 30, hinting at potential short-term rebound but with bearish bias intact.
• A large 15-minute bearish engulfing pattern confirmed downward momentum on late-session volume surges.

At 12:00 ET on 2025-09-13, TRON/XRP (TRXXRP) opened at 0.1152, traded between 0.1110 and 0.1152, and closed at 0.1116. Total volume over the 24-hour period was approximately 166,473.1 with a notional turnover of $18,598.35. Price action showed a clear bearish drift, with late-day selling accelerating below a key 0.114 support level.

Structure & Formations

Price action displayed multiple bearish signals over the 24-hour period. A decisive 15-minute bearish engulfing pattern formed at 19:45 ET on 2025-09-12, confirming the breakdown of 0.114 support. Further bearish confirmation came from a morning session 15-minute doji at 04:15 ET on 2025-09-13, indicating indecision at lower levels. The 0.1110–0.1115 zone has emerged as short-term support, with the 0.1138–0.1141 range acting as a key resistance ceiling for any attempted bounce.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are in a bearish crossover, reinforcing the downtrend. The 50-period MA sits around 0.1134, while the 20-period MA is currently at 0.1127, with the price well below both. On the daily chart, the 50-period MA at 0.1144 and the 200-period MA at 0.1147 suggest a continuation of the longer-term bearish bias, with price trading below both key averages.

MACD & RSI

The MACD crossed below the signal line mid-day, confirming bearish momentum, with the histogram shrinking slightly in the afternoon session. RSI has fallen into oversold territory (around 30), suggesting a potential pullback could occur, though the bearish bias is likely to persist. Momentum appears to have weakened after 08:00 ET, with the RSI struggling to move above 35 for the remainder of the day.

Bollinger Bands

Bollinger Bands expanded significantly during the early afternoon, indicating increased volatility. Price remained well below the 20-period lower band for most of the session, with the 0.1110 level acting as a temporary floor. A contraction phase occurred in the early morning, followed by a strong expansion during the late afternoon and early evening. This suggests the market is in a consolidation phase after a sharp bearish move.

Volume & Turnover

Volume spiked during the late afternoon to early evening hours, confirming the bearish breakdown. The highest volume spike occurred at 19:45 ET with 7,289.2 units traded, marking a decisive move below 0.114. Turnover also spiked at the same time, confirming price action. Divergences appeared in the morning as price declined with decreasing volume, suggesting weak conviction. However, the late-day volume surge aligns with the breakdown, reinforcing the bearish narrative.

Fibonacci Retracements

Fibonacci retracements drawn from the 0.1152 high to the 0.1110 low show key levels at 0.1142 (38.2%), 0.1134 (50%), and 0.1126 (61.8%). Price appears to be consolidating near the 61.8% level, with a potential bounce possible if volume and sentiment improve. However, a break below 0.1110 would target the next 0.1105 (78.6%) Fibonacci level, which could trigger further bearish momentum.

Backtest Hypothesis

A potential backtesting strategy could involve a short entry at 0.114 with a stop above 0.1145, targeting 0.1110 and then 0.1105. This approach leverages the confirmed bearish engulfing pattern and the breakdown in volume. A trailing stop could be placed at the 20-period moving average to capture a dynamic risk-to-reward ratio. The RSI’s oversold condition might allow for a short-term long position for reversal traders, but the bearish trend remains the stronger signal based on the structure and momentum indicators.