Tron Price Analysis for May 26th – TRX Consolidating

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TronBy Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 26th, the TRX demonstrates no clear priorities, generally trading at 0.0146 USD. On D1, TRX/USD keeps moving sideways inside a horizontal channel. In the nearest future, the quotations may slightly decline to 0.0140 USD. Judging by the instrument’s weak volatility, we should not expect any activity at this stage. The MACD histogram is below zero, indicating a possible decline. The signal lines of the MACD have formed a Black Cross, giving an additional signal of the decline. However, the potential for the decline being so weak, the instrument seems more appealing

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