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08/08 17:54

TRX hits $0.42, but Tron’s profit-takers may pul



TRX hits $0.42, but Tron’s profit-takers may pull price back


The spike in profit-taking could lead to a shift in TRX’s price structure.


TRX’s surge since the start of the year was driven by two main factors. However, profit-taking could impact price negatively.


Tron [TRX] has maintained a strong trend since the start of the year to date, leading to record-high realized gains for TRX.


However, at the time of press, TRX had barely moved since the close of the previous day. However, it continued to attract a lot of daily trading volume — about $920 million.



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