TRX drops to 500 satoshis. Is it the time?
TRX has slipped down to test 0.00000500 BTC mark.
Currently, the market has been forced into a J-curve and it will likely take time for big investors to accumulate their positions now. When that happens we should see the price to start sloping upwards again.
It is hard to say if TRX has bottomed out yet.
If the price closes above that downward supportive trend line then it is not a bad position to start buying again.
Volume has also increased and RSI is in overbought territory and coming out.
Whenever we see the new All Time Highs then the current one will look like a small peak on the chart.
Currently, the market has been forced into a J-curve and it will likely take time for big investors to accumulate their positions now. When that happens we should see the price to start sloping upwards again.
It is hard to say if TRX has bottomed out yet.
If the price closes above that downward supportive trend line then it is not a bad position to start buying again.
Volume has also increased and RSI is in overbought territory and coming out.
Whenever we see the new All Time Highs then the current one will look like a small peak on the chart.
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