Tron Price Analysis

Tron (TRX) Price Analysis: Early Selloff Signal But Long-Term Bottom Still Holding

Tron is making its way below the short-term consolidation triangle previously highlighted, signaling that bears are gaining the upper hand. The longer-term triangle bottom still seems to be intact, though, but a continued drop could draw more sellers in. The 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance is to the downside. This means that the selloff is…
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