TRX Price Analysis: Bullish volatility sends price climbing above $0.0839 A bullish trend has been dominating the charts over the past few weeks. Prices have also increased over the past 24 hours, which is quite encouraging for buyers. The price has risen to the $0.0839 level as the bullish momentum is gaining strength every day. Although prices have experienced some decline this week, today’s trend is promising. Tron one-day price analysis shows that the price has increased over the past 24 hours. Things have been extremely favorable for the bulls over the past two days. Price action has been choppy this week, while bears are trying to regain their ground. However, today’s trend is very favorable for buyers as the price has risen to the $0.0839 level. The moving average (MA) value on the one-day price chart is $0.0837. The moving average of the Bollinger Band remains at $0.0814, the upper track of the Bollinger Band hits $0.0864, and the lower track of the Bollinger Band hits $0.0863. The relative strength index (RSI) score has risen to 64 due to strong buying activity in the market. Four-hour Tron price analysis shows signs of a bullish trend as the price has risen to significant levels. The reversal in trend was quite unexpected as bears were jockeying for the lead earlier. Nonetheless, an upward trend was observed over the past four hours and the price has risen to the $0.0839 level. Due to the bullish trend, the price has moved above the moving average of $0.0833. The 20 SMA curve remains below the 50 SMA curve as bearish pressure was quite strong in the second half of yesterday's trading session. The four-hour price chart has an upper Bollinger Band level of $0.0849 and a lower Bollinger Band level of $0.0825. The RSI score is in neutral territory at 53, but its sharply rising curve indicates strong buying activity in the market. Tron's one-day and four-hour price analysis shows that the market showed an upward trend that day. The price has increased significantly and currently touches the $0.0839 mark. On the other hand, price drops are seen at the beginning of the trading session, which means there may also be some selling pressure closer to the session. The lowest price of TRON is expected to be $0.088 in 2023. It could climb as high as $0.100, with the average trading price for the year being around $0.091. (Data source: Aamir Sheikh)

According to a report by the Financial Associated Press on August 14, with the end of the US stock earnings season, the share prices of some major technology companies, including Apple and Microsoft, have seen significant corrections. Dan Ives, an analyst at the US investment bank Wedbush Securities, said in the latest report that the solid financial report for the second quarter and the hawkish attitude of the Federal Reserve have eased, which means that investors should start buying technology stocks. While the broad market indexes continue to be choppy, any pullback in tech stocks is likely to be "short-lived," with artificial intelligence (AI) likely to lead the stock market higher. Ives' confidence in technology stocks stems from his confidence in AI, which he believes will usher in a new bull market driven by enterprise cloud spending and hyperscale projects.

How do you view the prospects of the cryptocurrency market? We missed the stock market rally as recession fears fade and speculative ai leads the rally Breakthrough momentum could not be gained after the SEC lawsuit was dropped. Demand for dips was weak as capital inflows were constrained and artificial intelligence scrambled for new speculative money. Engagement rates are at cycle lows, and enthusiasm has been dampened by recent events. Looking to the future: US liquidity should decline in the coming months as TGA is replenished and no longer offsets QT. It would also give more strength to the dollar, which is already creeping higher. Global liquidity has also begun to decline since April and shows an accelerating decline. On the other hand, synchronized economic indicators hold up well and the market has psychologically adjusted to the new normal of higher rates, which means there is no fear for now (as evidenced by the pullback in the VIX and gold) That combined force will keep stocks in the upper range until wider cracks start to form in the economy, although a pullback may occur first. As for the more liquidity-sensitive cryptocurrencies, we expect continued weakness for the rest of Q2, and we're trading in a choppy/bleeding range. In the short term, regulatory pressure and govt/gox increased sell pressure on bitcoin, but as fear fades from the market, it won't be as low as most would think (24k BTC and 1.6k ETH). Then, if a Q3 recession is still not looming, there will be a window to bounce off the lows as ETH leads the way ahead of EIP-4844 as election activity heats up. EIP-4844 is expected to bring the ETH/BTC ratio to a local high before the halving, and with the recession looming, there could be another major risk-off event in Q4-Q1. Cryptocurrencies will lead the stock market recovery as the Federal Reserve turns to rescue the economy. Because cryptocurrencies are relatively more sensitive to liquidity, while the stock market is more affected by economic growth prospects. For this reason, even if the economy collapses, it is very likely that we will not see Bitcoin below 21k and ETH below 1.4k again. Smart investors will get a head start at these levels, especially given Bitcoin's strong performance during the regional banking crisis earlier this year. å This should pave the way for a new cycle in mid-2024, with all the negatives behind us and many positive catalysts ahead (halving, elections, regulatory transparency, participation from SE Asia and the UK, new use cases to get retail excited, etc. ).