1
TRX price witnessed follow-on selling momentum on the daily charts.
2
Buyers have lost their strength and are unwinding their long positions.
The TRON price (TRX) coin has taken a u-turn and was facing selling pressure in the last few trading sessions. Following the market downturn, the TRX price lost over 17% gains and is reflecting underperformance this month. This week, the coin has retested the neckline support region of $0.1100 and has formed a bearish piercing candlestick. Afterward, the coin faced rejection from the 100-day EMA mark and could not exceed the zone, signifying the seller dominance.
At press time, the TRON coin (TRX) price was trading at $0.1203 with an intraday drop of 0.38%, reflecting neutrality on the charts. It has a monthly return ratio of 1.90% and 86.89% on a yearly basis. The pair of TRON/BTC is at 0.00000171 BTC, and the market cap is $10.76 Billion. Analysts are neutral and suggest that TRON price may face ra
We współpracy z: https://www.thecoinrepublic.com/2024/03/29/tron-price-takes-u-turn-will-trx-hold-200-day-ema-support-zone/
