By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, November 15th, the TRX is declining, trading around $0.0193. At the same time, this week turned out to be rather neutral for the cryptocurrency. On H4, TRX/USD is developing a mid-term uptrend after a convergence and Gold Cross on the MACD. The short-term view of this picture reveals a local correction after a swift impulse of growth and entering a projection channel. The correctional decline we are contemplating may be aimed at the primary support of $0.0164; however, the most likely scenario remains the growth to the resistance level of $0,0260.
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