Tron Price Lost the Momentum; Is It Time for Correction in TRX?

Tron Price Lost the Momentum; Is It Time for Correction in TRX?

1
Tron price prediction suggests TRX may consolidate for the base formation.
2
TRX price lost the bullish momentum and the price got stuck in a range. 
3
The 50-day EMA is acting as a crucial support for TRX bulls. 
Tron price prediction suggests TRX may spend time in a consolidation range before deciding the next direction. It loses the positive momentum and seems to be getting stuck into the wide range. 
In the last two months, buyers tried thrice to break the higher range and expand upward. Yet, the price got rejected and it shows that strong sellers are active who are ready to sell TRX from $0.11000 levels. 
Bears found that this crypto is overvalued. So, they chose to sell in the supply zone to show their presence. However, on the lower side, the 50-day EMA is acting as a savior for the bulls. 
The trend of Tron is still upward till the price sustains above both the EMAs. Sellers also tried to pull the price downward below the $

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We współpracy z: https://www.thecoinrepublic.com/2023/12/26/tron-price-lost-the-momentum-is-it-time-for-correction-in-trx/

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