There is an abundance of bullish momentum affecting all of the cryptocurrency markets today. That is a very interesting development worth keeping an eye on in the near future. With Bitcoin popping off, it seems alternative markets follow suit pretty quickly. The Tron price still has some work to do first and foremost, but there isn’t much to be concerned about in that regard.
Tron Price Momentum Lacks Real Conviction
It is not uncommon to see alternative markets struggle when Bitcoin is noting some rather big gains. Although it is usually a temporary a matter of time until things return to normal, one has to keep in mind Bitcoin dictates the pace for everything else. Tron is under a fair bit of pressure when it comes to the current Bitcoin trend, primarily because the TRX/BTC pressure is still firmly in place. That in itself will worry a lot of traders and speculators, but it is also to be expected.
To put this in perspective, the Tron price itself is up by 1.32%, which will keep a lot of people very happy. A value of…