A slow down? After six days of going up, TRON is flat today, hovering around $0.071.

TRON trades at $0.071 after gaining $0 (0.45%).

Uncertainty around TRON is reflected by published market data as United States Retail Sales released earlier showed a marked improvement to 0.4% from the preceding data of -0.7%, but fell short of the 0.8% figure forecast by a consensus of market analysts. New Core Retail Sales data from United States matched market expectations with a reading of 0.4% — a positive step in contrast to previous data of -0.5% from last month. United States API Weekly Crude Oil Stock released yesterday at 20:30 UTC with a figure of 3.69 million, while the previous figure was 3.62 million.

Trend-following investors would be interested to note that the Commodity Channel Index (CCI) indicator is above +100, meaning the market price is unusually high compared to the rolling average. Analysis based on the asset volatility indicates that TRON's upper Bollinger Band® is at $0.071, suggesting that a downward move may follow. As the day gets underway, chart analysis suggests

Overall, while TRON has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

While TRON is pretty flat so far today, mixed performances are seen elsewhere as FTX Token jumps 9.54% to trade around $1.36. Having closed the previous session at $0.442, Ripple is up 3.41% today to currently trade at around $0.457. Litecoin ascends 3.47% to trade around $93.24.

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as projections for United States Crude Oil Inventories are set for a continuation of decline with -920,000 while previous data was 2.95 million; data will be released today at 14:30 UTC. United States Philadelphia Fed Manufacturing Index (May) scheduled to come out tomorrow at 12:30 UTC. United States Initial Jobless Claims is projected to outperform its last figure with 254,000, having previously been at 264,000. The figure will be published tomorrow at 12:30 UTC.

Trading mostly sideways for a month. TRON has gained 28.22% since its lowest print of $0.05 earlier this year.