TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes. The price of TRX breaks out on the daily timeframe after forming a descending triangle. Tron (TRX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $0.11 on several occasions to trend higher. Tron (TRX), despite being loved by the Tron community, the token has had its fair share of the current bear run coupled with the rumors of its decoupling from its pegged fiat token USSD. With the current market looking more promising ahead of more relief bounces from altcoins, we could see the price of Tron (TRX) making moves. (Data from Binance) Related Reading: Bitcoin Pound Sterling Volume Soars To ATH Amid Currency Crisis Tron (TRX) Price Analysis On The Weekly Chart The new month has come with more relief for most crypto projects, with altcoins, such as BTC, ETH, and even XRP, continuing to show strength after weeks of downtrend movement. The price of TRX has struggled to remain bullish, falling from a high of $0.11 to a weekly low of $0.05, with the price looking more stable as the price looks ready to bounce off from this region. After hitting a bottom low of $0.05, the price of TRX bounced swiftly from that region as the price rallied to a high of $0.07 as the price faced more rejecti...
