A slow down? After three days of going up, TRON is flat today, hovering around $0.067.

After dropping down to $0.067, TRON recovers some losses and is currently trading at $0.067.

As the day gets underway, chart analysis suggests Technical analysis trend indicators suggest that investors are seeking long positions as TRON price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. TRON bounced $0 away from Fibonacci support at $0.067. Analysis based on the asset volatility indicates that TRON's upper Bollinger Band® is at $0.068, suggesting that a downward move may follow.

Notwithstanding TRON's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Meanwhile, mixed performances are seen elsewhere as FTX Token gained 9.54% and is currently trading at $1.36. Having closed the previous session at $318.54, Binance Coin is up 2.21% today to currently trade at around $325.57. Bitcoin is up 1.3%.

Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States Crude Oil Inventories is projected to outperform its last figure with -1.3 million. It previously stood at -3.74 million; data will be released tomorrow at 14:30 UTC. United States Consumer Price Index figure is projected at 0.2%. It previously stood at 0.4%; data will be released tomorrow at 12:30 UTC. United States Core Consumer Prices is expected tomorrow at 12:30 UTC.

TRON now trading 22.13% above its 3-month low of $0.05.