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Traders may buy TRON (TRX) when the MACD crosses above its signal line (orange line) and sell, or short, the Tron’s TRX cryptocurrency when the MACD (blue line) crosses below the signal line.Īnother MACD strategy is to look at which side of zero the MACD lines are. A nine-day EMA of the MACD called the “signal line” is then plotted in addition to the MACD line which together functions as a trigger for buying or selling an asset – TRON (TRX). The result of that calculation is the MACD line. MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. Moving average convergence divergence (MACD)

The following are some of the technical indicators which could be useful for anticipating the most likely TRON price – TRX USD momentum. Technical Analysis through the use of charts or volume helps to forecast future TRON price (TRX) trends, however, do remember always that analysis can’t make absolute predictions about the future. Helpful technical indicators to study TRON price – TRX USD momentum: The July 2018 acquisition of BitTorrent further cemented TRON’s leadership in pursuing a decentralized ecosystem. It can be best described as a blockchain platform for content sharing and entertainment.