1
The TRON price noted a change in the direction and dropped over 10% this week.
2
Investors are making profit booking at highs, leading to a retracement.
The TRON price started draining gains and is witnessing a retracement move on the charts. Amidst the uptrend and the bullishness, the TRX price noted profit booking and has slipped below the 50-day EMA mark. In the previous session, crypto leaders, BTC and ETH, and most altcoins revealed a sudden drop. However, the trend is intact, and these dips must be considered a buying opportunity.
At press time, the TRON coin (TRX) price was trading at $0.1258 with an intraday drop of 3.33%, indicating profit booking in the overnight session. It has a monthly return ratio of 1.80% and 94.00% on a yearly basis. The pair of TRX/BTC is at 0.00000187 BTC, and the market cap is $11.26 Billion. Analysts are neutral and suggest the TRX coin price may face further decline and will retest the round mark of $0
We współpracy z: https://www.thecoinrepublic.com/2024/03/15/tron-price-is-draining-gains-a-reversal-or-a-buying-opportunity/
