Mixed sentiment leads TRON cryptocurrency to trade sideways; establishes tight $0.068 to $0.069 range

TRON went up to $0.069 only to drop back to some of the way and is now trading at $0.068.

Uncertainty around TRON is reflected by published market data as United States New Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 670,000, while the previous figure was 625,000. United States Core PCE Price Index (MoM) (Jan) came out at 0.6, while a consensus of analysts was expecting 0.4. United States CFTC S&P 500 speculative net positions released yesterday at 20:30 UTC with a figure of -222,300, while the previous figure was -209,000.

Following today's trading session, chart analysis suggests

While TRON is pretty flat so far today, mixed performances are seen elsewhere as having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36. Solana decreases 4.43% to trade around $22.07. Tezos USD is down to $1.19, losing $0.052, after closing at $1.24 in the preceding trading session.

Trading mostly sideways for 3 months. This year has been a bright one for TRON after trading as low as $0.05 and going on to appreciate by 24.96% year to date.