- The 24 hours trading volume of the token is 144,058,790 and the gain of 2.34% was seen. The live price of TRON is $0.05567
- The token has shown the pattern of three outside up.
- The RSI oscillator for TRON shows the SELL action.
The TRON has been running well below its 200 days moving average and also below its 50 days moving average. The chart above shows the movement of the token with respect to SMA-20, SMA-50 and SMA-200. The token was unable to touch SMA-200 but SMA-50 was achievable at times. The trendline marked in the chart shows the movement of SMA-20 below SMA-50 and so the falling returns were approximately 15-20% in this timeframe. The downtrend is continuing and the bears leading the market.
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 33.325 and marks the sell action. MA-5, MA-10 and MA-20 show the sell action as well. However, the TRON at present is all set to buy.
The bull/bear power has the value of -0.0030 and shows the sell action. The high/low marks the neutral action with the value of -0.0015.
In the chart below, long term movement is visible and the trendline showing the average running at 0.0625-0.0556 but once go with historical data once before buy or sell of token.
The TRX-BTC pair is trailing at the level of 0.00000177 and the low of 3.26% was seen whereas the TRX-ETH pair is trailing at the level of 0.00002954 and the loss by 1.86% was seen in the last 24 hours. The TRON has shown the percentage change by 4.31% since yesterday’s open.
The volume/market cap of the token is 0.1677 and its market dominance is 0.31%.
Conclusion: The days range for the TRX is 0.0547-0.0582 and presently is at 0.0554. The token is expected to show rise in the coming time and if you wish to purchase this token then long it as SMA-20 is below SMA-50 and 200. The high it would go is up to 0.0625 but not above it. If you have already purchased the TRX then sell it as per your decisions.
(Note- The unit is USD)