After ending today at $0.066, today TRON went up to $0.066 before paring back gains and settling around $0.066.
Uncertainty around TRON is reflected by published market data as highly important Unemployment Rate data from United States beat analyst expectations of 3.6 with a reading of 3.5. Following a previous reading of 326,000, Non Farm Payrolls in United States released yesterday at 12:30 UTC fell short of the 239,000 figure expected by analysts with an actual reading of 236,000. United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 226,100, while the previous figure was 181,100.
Technical analysis trend indicators suggest that TRON made an initial breakout above its 50 day Simple Moving Average at $0.066, a potential indicator of a newly emerging bullish phase. According to asset volatility analysis, TRON's upper Bollinger Band® is at $0.068, suggesting that a downward move may follow. Technical analysis shows that
The current technical outlook indicates TRON will continue to ebb sideways within tight ranges for the immediate future.
While TRON is pretty flat so far today, mixed performances are seen elsewhere as FTX Token gained 9.54% and is currently trading at $1.36. EOS improves 1.06% to trade around $1.23. UNICORN Token USD is up 1.62%.
TRON now trading 27.42% above its 3-month low of $0.05.