TRON got off to a strong start by gaining $0.001 (+1.06%), only to run out of steam later in the session around $0.066. Currently, TRON is trading around the $0.066 level.

United States Initial Jobless Claims data will be released today at 13:30 UTC, with an expected decline to 195,000.

On the flip side, Crude Oil Inventories in United States fell short of market expectations (395,000) with a reading of -1.69 million, continuing the decline from the previous figure of 1.17 million.

At the same time, United States JOLTs Job Openings (Jan) came out at 10.82 million, while a consensus of analysts was expecting 10.5 million. United States ADP Nonfarm Employment Change (Feb) released yesterday at 13:15 UTC with a figure of 242,000, while the previous figure was 119,000.

TRON made an initial breakout above its 50 day Simple Moving Average at $0.066, a potential indicator of a newly emerging bullish phase. TRON is currently trading around the $0.066 Fibonacci resistance level. TRON's lower Bollinger Band® is at $0.065, indicating that the market is oversold and fertile for new buyers. In contrast, TRON could be slowing down soon as it approaches resistance at $0.066. Of course, crossing it might suggest further gains are ahead.

TRON continues to move higher with technical analysis indicating the trend will continue in the short term.

Other markets are also showing gains as FTX Token soars 9.54% to trade around $1.36. EOS climbs 3.91% to trade around $1.16.

Meanwhile, after ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43.

Also worthy of note, United States Non Farm Payrolls expected to decline to 205,000 while its preceding data was 517,000, data will be available tomorrow at 13:30 UTC. Today at 13:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 195,000 from the preceding figure of 190,000.

Furthermore, the market is looking at United States Unemployment Rate figure is projected at 3.4. It previously stood at 3.4; data will be released tomorrow at 13:30 UTC.

Trading mostly sideways for 3 months. TRON has gained 18.34% since its lowest print of $0.05 earlier this year.