Summary
TLDR: Tron’s price is expected to increase in the coming days due to bullish cues from investors and technical analysis indicators. The funding rate has shot up, suggesting a rally, and indicators like MACD and ADX are hinting at a potential price increase. If TRX breaches the $0.121 resistance level, it could reach $0.125, but failure to do so may push the price below $0.116. Investors should conduct their own research before making financial decisions.
Key Points
1. Tron’s price is expected to receive a boost in the coming days due to broader market cues and investors’ bullishness.
2. Tron investors are showing potential with the funding rate of the asset increasing significantly in the last 24 hours, indicating a push for a rally.
3. Technical analysis indicators like MACD and ADX suggest a potential rise in Tron’s price, with a bullish outcome expected soon.