It would appear everything is proceeding as planned in the rather volatile cryptocurrency world. Most of the markets are either in the green or not tiny losses which is not all that worrisome. The Tron price is also heading south, primarily because the hourly charts continue to add minute bearish pressure to the overall trend.
Tron Price Momentum Doesn’t Look Promising
It is only normal some crypto market swill suffer from a retrace of sorts during the weekend. As Saturdays and Sundays are usually very bearish for top markets, the overall trend today comes as somewhat of a surprise. However, markets such as Tron do not always get to benefit from a stable Bitcoin price during these times. Today is no exception in that regard, as minor losses can be noted across the board.
To put this in a different spotlight, it would appear the Tron price is suffering from a 1.26% loss as it dropped to $0.026101. What is slightly more worrisome is how TRX/BTC continues to head south as well. A fresh 2.05% loss drives this ratio down to 490 Satoshi. It is evident the 500 Satoshi level remains under a fair bit of pressure these days, and may continue to go lower in the near future.
On social media, there are some questions as to which currencies, tokens, and assets will make their way to Binance DEX in the coming months. Sonny Red wouldn’t mind seeing TRX and BTT get listed on this platform in the near future. While TRX would seem like a solid bet, the listing of BTT is a different matter altogether.