TRON/XRP Market Overview for 24-Hour Period Ending 2025-09-26 12:00 ET

• Price surged to a 24-hour high of 0.1235 before consolidating near 0.1226.
• Strong volume activity was observed during the Asian and European sessions.
• RSI signaled overbought territory at 65–70, suggesting possible near-term profit-taking.
• Bollinger Bands showed moderate expansion, indicating increased volatility.
• A bullish engulfing pattern emerged near 0.1203–0.1215 during the recovery phase.

TRON/XRP (TRXXRP) opened at 0.1183 on 2025-09-25 at 12:00 ET, surged to a high of 0.1235, and closed at 0.1226 by 2025-09-26 at 12:00 ET. Total trading volume for the 24-hour period reached 441,306.6, with notional turnover exceeding $53,737. The pair experienced a volatile session, marked by strong volume surges and sharp price reversals, especially after 16:00 ET on the 25th.

Structure & Formations

TRXXRP formed a bullish engulfing pattern around 0.1203–0.1215 during the afternoon of the 25th, followed by a sharp rally. Key support levels appear to be forming at 0.1205 and 0.1193, while resistance remains around 0.1225–0.1235. A potential bearish reversal pattern developed after reaching 0.1235, with a long upper shadow suggesting hesitation among buyers.

Moving Averages

On the 15-minute chart, the 20-period SMA crossed above the 50-period SMA in the final hours of the session, signaling a short-term bullish bias. On the daily chart, the 50-period SMA is above the 100-period SMA, indicating a longer-term bullish trend. However, the 200-period SMA remains a critical long-term resistance level at 0.1211.

MACD & RSI

The MACD histogram showed expansion in the morning hours of the 26th, confirming the bullish momentum. RSI reached overbought territory above 65, indicating potential for a pullback. While momentum remains strong, divergences between price and RSI suggest caution ahead of the 0.1235 level.

Bollinger Bands

Bollinger Bands expanded significantly during the 16:00–09:00 ET session, indicating heightened volatility. Price moved above the upper band for brief periods, particularly near the 0.1228–0.1234 range. A contraction in the band width during the early hours of the 26th suggests a possible consolidation phase ahead.

Volume & Turnover

Volume spiked sharply during the 16:00–23:00 ET window, reaching as high as 95,299.5 in a single 15-minute candle. Notional turnover also surged, with the highest turnover observed near the 0.1211–0.1228 range. Price and turnover aligned during the rally, strengthening the case for a breakout attempt.

Fibonacci Retracements

Applying Fibonacci levels to the recent 0.1183–0.1235 swing, key retracement levels include 0.1221 (38.2%) and 0.1211 (61.8%). Price has tested the 61.8% level and is currently hovering near the 0.1226–0.1231 range, suggesting potential for a continuation move or consolidation.

Backtest Hypothesis

Given the observed bullish engulfing pattern and the overbought RSI conditions, a possible backtest strategy could involve entering a long position upon a breakout above 0.1231 with a stop-loss below 0.1225. A trailing stop could be applied once the price exceeds 0.1235, with targets set at 0.1240 and 0.1245. This aligns with the MACD divergence and the 38.2% Fibonacci level, offering a structured approach to capitalizing on the recent bullish momentum.