Seems like TRX is on the resistance of the ascending triangle, might be ready for a breakout or retest the support line. Reason breakout not occurring could be because of the volatile price action happening in BTC at the moment. However, that being said, breakout might still occur if huge volume is observed. MACD looks pretty positive at the moment. We shall wait out and observe.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.