Without a clear-cut direction, TRON is trading around $0.063 and ranging between $0.063 and $0.063.
United States ISM Manufacturing PMI (Oct) is next today at 14:00 UTC.
TRON's state is reflected by market data as United States OPEC Crude Oil Production Algeria (Barrel) released yesterday at 15:00 UTC with a figure of 1 million, while the previous figure was 1 million. Fresh OPEC Crude Oil Production Congo (Barrel) data from United States came out at 270,000. United States OPEC Crude Oil Production Gabon (Barrel) came out at 200,000.
Chart analysis indicates Trend analysis indicates that TRON made an initial breakout above its 5 day Simple Moving Average at $0.063, a potential indicator of a newly emerging bullish phase. Asset volatility analysis shows that TRON's upper Bollinger Band® is at $0.064, suggesting that a downward move may follow.
Overall, technical indicators suggest TRON has no obvious direction for the immediate future.
Meanwhile, mixed performances are seen elsewhere as having closed the previous session at $0.127, Dogecoin is up 15.25% today to currently trade at around $0.146. Ethereum is up 1.54%. Cardano is up 1.82%.
Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States Crude Oil Inventories expected to decline to 267,000 while its preceding data was 2.59 million, data will be available tomorrow at 14:30 UTC. United States Interest Rate figure is projected at four. It previously stood at 3.25; data will be released tomorrow at 18:00 UTC. United States ADP Nonfarm Employment Change (Oct) will be released tomorrow at 12:15 UTC.
Trading mostly sideways for 2 months. Approximately 11 months ago, TRON reached a significant high of $0.124 but has struggled to hold onto its gains and declined 48.83% since then.