Will TRX Price Cross $0.5 Mark This Year?

Tron has a market cap of $10 Billion and is ranked 16th in the cryptoverse. The VM ratio of the asset price is 0.02 with a drop of 7% in the volume. TRX is currently trading near the value of $0.11 with a drop of 0.14% in the intraday session.
TRX token price is currently seeing a weak consolidation on the daily chart. It is trading below the 50 and 100 EMA with a negative crossover in the past. The upside trend of TRX price can see a halt near $0.2. Meanwhile the support price can be seen near $0.09.
The RSI of the token price is currently near 44 with a negative slope in it. The overall sentiment of the indicator is bearish in nature.

Harmonic PatternsTrend Analysis

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