TRON/XRP Market Overview (TRXXRP) - October 30, 2025

• Price rose from 0.1124 to 0.1191, with late-day buying pushing near session highs.
• Strong volume surges marked 234500 and 043000 ET, aligning with sharp price jumps.
• RSI suggests oversold conditions early, while MACD showed bullish divergence.
• Volatility increased as Bollinger Bands widened, suggesting potential breakouts.
• Fibonacci retracement levels aligned with key 15-min swing highs and lows.

TRON/XRP (TRXXRP) opened at 0.1124 on October 29 at 12:00 ET, rose to a high of 0.1191, and closed at 0.1188 by 12:00 ET the next day. The 24-hour session recorded a total volume of 67,068.3 and a notional turnover of approximately 7,906.4 (assuming unit prices and no slippage). The price trended upward through the latter half of the session, with multiple volume spikes coinciding with key price inflections.

Structure & Formations

The 15-minute candlestick pattern showed a consistent push higher from 19:45 to 04:30 ET, with a strong bullish impulse in the early morning. Key support levels formed around 0.1122–0.1124 and 0.1141–0.1143, with clear rejection seen at the 0.1113 level. Resistance was identified at 0.1158–0.1161 and 0.1175–0.1181. Several bullish engulfing patterns were observed in the late-night and early morning hours, suggesting accumulation and momentum shifts. A doji at 03:15–03:30 ET indicated indecision before the breakout.

Moving Averages & Momentum Indicators

The 20-period and 50-period moving averages on the 15-minute chart crossed above the price in the 20:15–20:45 ET range, suggesting a bullish trend confirmation. On the daily chart, the 50-period MA is above the 100-period and 200-period MAs, indicating a medium-term uptrend. The MACD crossed above the signal line multiple times, including a golden cross at 19:45–20:00 ET and again at 04:15–04:30 ET, confirming bullish momentum. RSI fluctuated between 25 and 65, with overbought conditions at 04:30–05:30 ET and oversold levels early in the session.

Bollinger Bands showed a contraction between 16:00–18:00 ET before expanding as buying pressure increased. Price remained within the upper band during the 04:30–06:00 ET period, suggesting a strong continuation of the upward move.

Volume & Turnover Analysis

Volume spiked dramatically at 23:45 ET and again at 04:30 ET, coinciding with sharp price jumps to 0.1161 and 0.1176 respectively. Notional turnover confirmed these price moves, with the 04:30 ET surge being the largest with over 50,000 units traded. However, between 06:00–08:00 ET, volume dropped significantly while price remained relatively stable, indicating potential consolidation. Divergences between volume and price were minimal, suggesting strong alignment between buyer sentiment and price movement.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 15-minute swings showed that the 61.8% retracement of the 0.1122–0.1161 range aligned with a key resistance level at 0.1148–0.1151. A subsequent breakout above that level saw price reach the 0.1175–0.1183 range, which corresponds to the 78.6% retracement. Daily-level Fibonacci levels (based on the 0.1122–0.1191 move) suggest the next potential resistance at 0.1212 (127.2% extension) and a key support at 0.1163 (61.8% retracement). These levels may act as key psychological barriers in the coming 24 hours.

Backtest Hypothesis

The MACD golden-cross strategy, backtested using TRON/XRP's TRON data, demonstrated a high success rate over the 24-hour holding period. However, attempts to replicate the same strategy for XRP failed due to the inability of the back-test engine to locate the pricing node for the symbol. This limitation may be due to the specific ticker format or exchange-specific data availability. To proceed with XRP, one viable approach is to identify an exchange-specific ticker (e.g., "XRPUSDT.BINANCE") that is accessible in the back-test system or to manually extract historical prices for an event-based study. This will allow the hypothesis to be validated for XRP, ensuring consistency in strategy evaluation across both assets.