Tron recovers August losses, but faces a roadblock at $0.080. Can TRX clear it?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.Open Interest rates improved in September as buyers gained control.has sustained its recovery, allowing it to regain lost ground after the mid-August dump. TRX dropped 8% in the first half of August after dropping from $0.0787 to $0.0719. But the altcoin was up >9% at press time, trading at $0.079 and recovering all August losses.
Technical indicators reinforced the bullish bias at press time. The RSI stayed above the 50 mark in September but faced rejection near the overbought zone. It shows buying pressure surged in September but eased slightly at press time.
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