Tron: 230,862 New Accounts Mark Monthly High
Tron records 230,862 new accounts, up 42.87% to a one-month peak, while TRX holds $0.32 support on the 4h chart with bearish EMA and MACD confluence.
SourceAnalysis
Tron added 230,862 new accounts yesterday, a 42.87% jump that stands as the highest daily total in the past month according to on-chain data shared by @lookonchain.
Price action on the four-hour chart keeps TRX pinned at the lower Bollinger Band support of $0.32 while both EMA50 and EMA200 sit at $0.33, forming a clear resistance ceiling inside the ongoing bearish trend; the MACD death cross at -0.0 reinforces downside momentum even as RSI(14) at 32.43 remains neutral, suggesting any near-term bounce will likely stall at the $0.33 zone before fresh selling pressure emerges. Traders watching TRX price prediction models now focus on whether sustained account growth can offset the technical headwinds.
Lookonchain
@lookonchainLooking for smartmoney onchain