Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion TRX could trade sideways in the next few days. Development activity dropped slightly. The recent TRON [TRX] rally offered investors over 30% gains. However, the peak ushered in a price consolidation that could extend […]
TRX has traded within the $0.06120 – $0.06354 range since 14 January, after reaching an overhead resistance at $0.6580.
In addition, the On Balance Volume fell slightly but fluctuated as it dropped. As such, the fluctuating trading volumes could further reinforce a sideways structure. Therefore, TRX could continue to trade within the $0.06120 – $0.06354 range or target the overhead resistance in the next few days.
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