Markets· ★★· bearish·

TRX slips to $0.3303, trading below all moving averages

  • —TRX trades at $0.3303, down 0.23% on the day and 5.24% over 30 days
  • —Price is below all SMAs including the 200-day; RSI at 42.5, MACD histogram negative
  • —Daily volume of $380 million is 10.97% below the 30-day average
  • —Market cap stands at $31.37 billion; TRON processed 1.1 billion transactions in Q3
Why it matters: The weak technical setup on thin volume offers no reversal signal, so traders should wait for a reclaim of the moving averages.
#TRX
Source: DiarioBitcoin
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