1 TRX = $0.07 USD -- Is it really going to sleep anytime soon?

in #tron2 years ago

5% of the rewards of this post are for @steem.amal

Screenshot_20220627-193319_TradingView.jpg
(Chart by TradingView)

Tron Alligator continued to look for prey and rose to over $0.08 around June 7. Since then, however, it has rapidly fallen back down again to date.

Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator has just entered a bullish position after previously being bearish. This indicates that the price of this asset, which had been falling, has begun to rise again.

However, the Stochastic RSI (Relative Strength Index) oscillator appears to be in overbought territory. This means that the market price of this asset is above its intrinsic price.

And now we see that the alligator's mouth is opening downward and is beginning to show signs of closing. Is it really going to sleep anytime soon?

Let's continue our journey with this Tron alligator.

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