TRON has also come up with encouraging price movements in recent times, in line with the performance of other crypto partners such as BTT and JUST.
At the same time, TRON is still working on launching several projects to develop and expand the use of TRX coins.
Most recently, TRON launched the ‘TRON Arcade’ fund in collaboration with NFT project pioneer, APENFT and DeFi project, WINKLink.
As a result, TRON produced a jump of more than 17% to record a high of $ 0.085 ending yesterday's trading session.
In the meantime, let's look at the TRX/USDT price movement chart.
The August trading session, Tron almost produced a 50% jump positively hitting the latest high of $ 0.091 in the past few hours.
From a technical point of view, the price movement is still seen with a positive price movement and is hovering above the level of RBS (resistance become support) around $ 0.084.
If the TRX price movement remains positive, a higher bullish target is seen to retest the resistance level around $ 0.090.
If TRX can break that level, the price movement will make a higher jump and make the latest highs.
However, if the price movement shows a bearish pattern, the price movement will retest the RBS level (resistance become support) around $ 0.084 before making a lower decline.
At the time of writing, TRX is trading around the $ 0.086 level jumping over 6% in the last 24 hours.