, at the time of writing, TRX was trading at $0.07699 with a market capitalization of over $6.8 billion, making it the 10th largest cryptocurrency.’s Relative Strength Index went above the neutral mark. Its Money Flow Index also shot up, which looked bullish for the token.As per the MACD, the bulls were still controlling the market. Nonetheless, a few of the metrics turned bearish, suggesting a halt to the uptrend in the coming days. For example, Tron’s Chaikin Money Flow registered a downtick.
Additionally, the Bollinger Bands revealed that TRX’s price entered a less volatile zone, decreasing the chances of an unprecedented surge over the coming days. Like most of the market indicators, a few of the on-chain metrics also remained bullish. Positive sentiment around the token increased over the last few days, as did its 1-day price volatility. The uptick also helped