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May 20, 2023TRON trades at $0.071 after gaining $0 (0.24%).
TRON's state is reflected by market data as United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 191,500, while the previous figure was 216,600. United States CFTC Gold speculative net positions released yesterday at 20:30 UTC with a figure of 179,800, while the previous figure was 195,800. United States CFTC Nasdaq 100 speculative net positions released yesterday at 20:30 UTC with a figure of 20,000, while the previous figure was 21,400.
TRON made an initial break below its 3 day Simple Moving Average at $0.071, a possible indication of a forthcoming negative trend. TRON's upper Bollinger Band® is at $0.072, suggesting that a downward move may follow. In contrast,
Despite the market lacking direction, technical chart analysis strongly suggests TRON is positioned for a downward move in the near term.
While TRON is pretty flat so far today, mixed performances are seen elsewhere as FTX Token surges 9.54% to trade around $1.36. UNICORN Token USD descends 2.98% to trade around $6.43. Bitcoin Cash is up 0.91%.
Trading mostly sideways for 2 months. TRON has managed to gain 28.63% so far this year despite trading at lows around $0.05 previously.
