Markets· ★★· bearish·

TRX slips to $0.329, trading below all key moving averages on 11% below-average volume

  • —Price at $0.3294 sits below every SMA from 5 to 200 days
  • —Daily volume of $376M is 10.95% below the 30-day average
  • —RSI at 40 and bearish MACD keep the near-term bias weak
  • —TRON logged $2.21T in stablecoin settlements in Q3, up 3.9% QoQ
Why it matters: Rising stablecoin settlement activity on TRON has yet to translate into TRX demand, leaving the token under pressure until it reclaims its moving averages.
#TRX
Source: DiarioBitcoin
More on this
Markets · Oct 10
TRX Loses Momentum: Price Tests 200-Day Average on Below-Average Volume
 Markets · Oct 11
NEAR trades at $5.23 above key moving averages, but volume runs 26% below average
 Markets · Oct 7
NEAR slips to $5.00, down 4.25% intraday on below-average volume