Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The throne (TRX) managed to close the daily trading session above the $ 0.274 level twice in the last ten days. In both occasions, the price of Token recorded an increase at a support level of $ 0.266.
Bulls and bears fought for control over a five -month $ 0.274 -high range. So far, neither a clear breakthrough nor a decisive rejection has occurred.
The evidence suggested that the bear’s turn was more likely, especially if Bitcoin (BTC) dropped below the $ 102,000 demand zone.
Source: TRX/USDT on TraringView
The Low range of the TRX was $ 0.22, and the level of medium range was $ 0.2475. At the end of April, the throne had a similar phase of consolidation around the level of medium span before breaking the bull. The same level of medium range held a bull and in February.
Current consolidation about 0.27 to $ 0.275 has recorded the fall of the OV in recent weeks. Like the price, here has been missing the trend lately.
Paying pressure attacks, with a crossing above $ 0.274, would be a reliable sign of a strong breakthrough.
Source: Cryptocratquent
The bear trading volume has subjected the bear to pointing out the dominant phase of the seller.
Metric measures a cumulative difference in number of places to buy and sell quantities for 90 days. It was positive and growing in the first half of May, but began to rotate in the last ten days.
Source: Coingling
Testing one -month heat folder for liquidation showed that TRX probably would fall to $ 0.255 or lower, at $ 0.24. In May, there were accumulation of liquidity that could attract lower prices in search of liquidity.
The $ 0.282 level also had a high concentration of short liquidations, which could be hunted in the coming days. Traders should be careful that they last for a long time of $ 0.28 and shorter about $ 0.255.
Representation of Liability Revenue: The presented data does not represent financial, investment, trading or other types of advice and are exclusively a printer opinion