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While TRON is on a 5 day bullish trend, Today's session might suggest a slow down — TRON trades at $0.068, after ending today at $0.068.
The MACD index is indicating that momentum is shifting from bearish to bullish following a positive crossover. When the MACD rises above the signal line, it is typically considered to be a bullish development favoring long positions.
Despite muted price action in TRON, chart analysis indicates it is positioned for a bullish run in the short term.
While TRON is pretty flat so far today, mixed performances are seen elsewhere as FTX Token is up 9.54%. Solana is up 3.73%.
TRON has gained 21.39% since its lowest print of $0.05 earlier this year.