Tron [TRX] recently published its latest weekly report, which discussed all the necessary and notable community developments over the last seven days.
🧐Odjavite se #tron Highlights from this week (Oct 29, 2022 – Nov 4, 2022).
🙌 Obavijestit ćemo vas o glavnim vijestima o #tron i #tron #Ekosistem. Zato ostanite sa nama, #TRONICS ! pic.twitter.com/iydWLBq0nd
— TRON DAO (@trondao) Novembar 6, 2022
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Evo AMBCrypto-a Predviđanje cijene za Tron [TRX] za 2023-24
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Tron also witnessed a massive increase in its DeFi space. Its Total Value Locked (TVL) increased by over 61%. TRX’s total transaction count also grew by 12.4% to 5.3 million over Q3.
🔥U izvještaju se ističe da:
✅#tron #TVL porasla za 61% QoQ.
✅Ukupne transakcije porasle su za 12.4% na 5.3M u Q3.
✅#tron mrežna aktivnost dosegla je osvježenu osnovnu korisničku bazu nakon pokretanja #USDD u maju.👀Pročitajte cijeli izvještaj👇https://t.co/BOxQzatH9M
— TRON DAO (@trondao) Novembar 5, 2022
Kako god, TRX failed to put a smile on the investors’ faces, as it failed to register any promising gains. CoinMarketCap’s podaci revealed that at press time, Tron’s value grew by only 1% in the last seven days, and was trading at $0.06516.
Furthermore, TRX’s press time market capitalization stood over $6 billion. Interestingly, TRX’s metrics failed to show any signs of an uptick, as most of them were in favor of a downtick.
Dolaze problemi
TRX’s development activity witnessed a drop which could be considered as a negative signal. Its popularity was also affected as its social volume plunged. However, the coin’s Binance funding rate registered an uptick, reflecting higher interest from the derivatives market.
But what lies ahead?
Nekoliko od njih TRX’s market indicators supported the possibility of a price hike in the future. For instance, the Exponential Moving Averages (EMA) Ribbon revealed an ongoing battle between the bulls and the bears as the 20-day EMA recently flipped the 55-day EMA. This could increase the chances of a price surge. Furthermore, the Moving Average Convergece Divergence (MACD) indicator also told a similar story, showing inclinations of a bullish future.
However, the Chaikin Money Flow (CMF) was resting way below the neutral position – a red flag. Further, Tron’s Relative Strength Index (RSI) moved sideways and remained just above the neutral mark at the time of writing. This might prevent TRX’s price from going up in the short term.
Source: https://ambcrypto.com/tron-enthusiasts-could-witness-uncertainty-as-trx-sends-out-these-mixed-signals/