Despite the positive inputs that TRON blockchain has received from recent industry reports, it is under risk of a price correction as per market indicators. As per crypto analyst Ali Martinez, the TD Sequential indicator on the TRX 3-day chart has shown a sell signal, which is indicative of an impending bearish trend that will last from three to twelve days.
This prediction is supported by a great divergence between the TRX price and RSI, which shows that momentum has been slackening with an upcoming bearish trend.
The TD Sequential indicator is signaling a sell on the $TRX 3-day chart, indicating that #TRX could be heading towards a correction phase that might last from three to twelve days.
This bearish outlook is reinforced by a divergence between the #TRON price and the RSI,… pic.twitter.com/hUVCj4o60m
— Ali (@ali_charts) February 6, 2024
Growth of USDT on TRON
Messari’s recent findings have shown that USDT is gaining ground on the TRON network. In the fourth quarter, USDT
We współpracy z: https://coingape.com/trx-price-correction-looms-despite-positive-network-reports/