TRX, the ninth-largest cryptocurrency by market cap, is currently trading at $0.1677, with a market cap of $14.5 billion. Over the past week, TRX has gained 4.83%, sparking optimism among bulls aiming for a $0.20 price target. A look at the weekly chart reveals a rising channel pattern with TRX setting higher highs and higher lows. The current uptrend appears focused on reaching the 100% Fibonacci level at $0.18442, just shy of TRX’s all-time high. Since mid-November 2022, TRX has experienced a remarkable recovery, climbing 274% from a low of $0.045 to its current level. This rally has sustained its
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