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The bearish TRON (TRX) fell to $ 0.07775774239 on Wednesday

TRON (TRX) received a bearish rating from InvestorsObserver on Wednesday. The Distributed Software Platform asset is down 0.22% to $ 0.07775774239 while the broader crypto market is down 1.26%.

TRON has a bearish sentiment score. Find out what that means for you and get the rest of the leaderboards on TRON!

Bearish

For the past five days, TRON has received a bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of TRON in the last five days according to volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors looking to buy the dip.

Price levels

TRON is currently trading near its 5-day low of $ 0.0763846868686502. The Distributed Software Platform asset is 6.57% below its 5-day high and 1.80% above its 5-day low of 0.0763846886886502.

TRON price is well positioned between support and resistance. With support at 0.0762514071089538 and resistance at 0.0803738953096183, it has some headroom before encountering resistance.

TRON recently traded at low volume. This means that today’s volume is below the average volume for the last seven days.

What is a coin

A coin is a cryptocurrency that exists on its own blockchain. These are usually used for payments. Depending on the cryptocurrency, the intended use of these payments can vary from general use in the “digital money” subclass to a more specific use in a few other subclasses.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here for the rest of the report on TRON. unlock

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