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Market Overview
The TRX/TRY pair closed at 12.394, slightly down by 0.10% from the previous close of 12.406, continuing an overall uptrend with a 30-day gain of 1.32%. The price remains near its recent high of 12.426, supported by the 20-day moving average at 12.372, while the 50-day and 200-day DMAs are not specified. The RSI indicates moderate momentum, consistent with the steady upward trend. Key support is at 12.13 and resistance near 12.426. No major upcoming events are noted, but market dynamics may be influenced by ongoing developments in Tron’s ecosystem and Turkish Lira volatility. For information only.
Last Updated 10/31/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.