Tron’s currency price (TRXUSD) fell in the intraday levels after bumping into the resistance of the 50-day SMA, amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI after reaching overbought levels compared to the price’s movements, hinting at negative divergence, and doubling negative pressure. 

 

Therefore we expect more losses for the price, targeting the important support of $0.21619887, provided the resistance of $0.27477425 holds on.

 

Trend forecast for today: Bearish