- TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery.
- TRX looks strong on both low and high timeframes.
- The price of TRX breaks out on the daily timeframe after forming a descending triangle.
Tron (TRX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $0.11 on several occasions to trend higher. Tron (TRX), despite being loved by the Tron community, the token has had its fair share of the current bear run coupled with the rumors of its decoupling from its pegged fiat token USSD. With the current market looking more promising ahead of more relief bounces from altcoins, we could see the price of Tron (TRX) making moves. (Data from Binance)
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