TRX falls 9.51% and trades below key moving averages
BROBROK News · Based on reporting by DiarioBitcoin ·
TRX dropped 9.51% to $0.3123629 and moved below the moving averages and intraday VWAP cited in the report. Trading volume was well above the 30-day average, but the available data do not confirm a single trigger for the decline. A cited report mentioned aggressive selling on Binance spot markets as context, but not as a proven cause.
Key points
- TRX fell 9.51% and hit the low end of the reported intraday range.
- Daily volume was 85.64% above the 30-day average.
- RSI at 33.2 and a bearish MACD point to weak momentum.
- Price remained below the listed moving averages and intraday VWAP.
- No derivatives or on-chain data were provided to pinpoint one catalyst.
Why it matters
The move combines a sharp price drop, higher-than-average volume and weak technical signals, which points to notable selling pressure. For crypto investors, the key takeaway is that the article does not establish a confirmed cause behind the decline.
Original headline: “TRX cae 9,51% y queda bajo sus medias móviles el 31 de octubre de 2026”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.