4.1 C
Amsterdam
25 April 2024
PumpMoonshot
Image default
News

Tron(TRX) Technical Analysis on 22nd September 2020


In a respite for the cryptocurrency market, Bitcoin and several top altcoins witnessed a minor surge after a steep pullback. As the space saw a mild recovery, the collective market cap was rose to $331.5 billion.

Tron [TRX]:

After a minor surge of 0.88% over the last 24-hours, TRX was priced at $0.0250 as it held a market cap of $1.793 billion and a 24-hour trading volume of $2.10 billion. The token has been following a descending trajectory for the last two weeks despite multiple developments on the Tron ecosystem.

TRX was turned down from its overhead target point of $0.029 as MACD and Klinger Oscillator continued to exhibit increasing bearish pressure in the TRX market. If this downtrend gains momentum, TRX could witness a potential drop to its immediate support point of $0.022.

News Source

Related posts

Litecoin Weekly Forecast February 21 — 25, 2022

PumpMoonshot

Ripple Client Volante Technologies Joins Fed Reserve’s FedNow Payments Pilot

PumpMoonshot

Skywards Proposes To Add Ethena’s sUSDe To Aave V3 On Ethereum

PumpMoonshot
Verified by MonsterInsights