- TRON price is seeing a recovery in the price after a downfall to $0.044. It is currently trailing with a gain of 4% in the intraday session.
- TRX technical indicators hint at an upside momentum till $0.1. Meanwhile TRX/BTC pair is seeing a downside momentum with a loss of 1.4%
TRX coin price is currently trailing near the value of $0.66 with a gain of $4.06 in an intraday session. Tron price can encounter resistance while going upside near the value of $0.1. The support level for the price can be seen near $0.02 .TRON price is currently trading below 50 and 100 Days Moving Average. There is a negative crossover in the moving average in the daily chart. The 100 DMA (RED) line is near $0.0083, making it temporary resistance for the price.It is currently showing a bullish momentum which can continue till $0.01 in the future.
TRON token has a market capitalization of $6,748,425,289 and has a market dominance of 0.34%. The volume of the coin along with the market capitalization is seeing an increase on a daily basis. Volume to market capitalization ratio of the asset suggests a bullish trend for the future.
Technical Indicator Suggest A Positive Momentum For TRX Coin Price
TRON price weekly technical chart highlights a bullish momentum for the upcoming weeks.TRX coin price has seen a loss of 1.4% in weekly time frame . On the daily chart, the price is observing a strong uptrend. . If TRX price goes 15% above the level of $0.1, then a strong bullish momentum can be seen. It can also temporarily resist 100 DMA in future.TRX/BTC is currently seeing a downtrend but can soon revert back to the bullish trend.
The volume indicator is at 1.047B, with the hint of lower buying pressure. If the price climbs above $0.1, then a strong buying volume can be observed..
RSI (Bullish): RSI for the asset price is currently at 46.6, highlighting its presence in the neutral zone. The positive slope in RSI suggests a bullish momentum for the future. RSI suggests a bullish momentum in price.
TRX coin price is seeing a bullish momentum and can continue this trend for upcoming days. TRX/BTC pair is currently performing negative but can soon revert back to the bullish trend. An Investor should do their due diligence before investing.