#TROY $TROY Is it short? Or long? I'll give you the direction, the November direction indicator!
The TROY token has performed strongly recently, mainly due to the listing of new exchanges and strategic investments. Since October, the price of TROY has risen by more than 200%, currently around $0.0043, and has risen by 39% in the past week. Its current market value is about $37 million, and its 24-hour trading volume is about $73.9 million. This price increase is related to TROY's listing on exchanges such as Bitget and Binance, especially TROY futures trading on these platforms has received strong investor interest.
In addition, TROY recently received liquidity support from Unicorn Verse, a company that has invested in multiple blockchain projects. This support may have driven TROY's recent positive performance. However, TROY's relative strength index (RSI) has reached the overbought range, which means that there may be a price correction in the short term. The current price of TROY is still far below its historical high of $0.0368, but it shows a strong upward momentum in the short term.
Judging from the current K-line, the upward trend is quite obvious, but friends, pay attention! Here comes the point! TROY has a high concentration (the top ten holders control 98% of the supply), which also shows that whether this junk coin will rise or fall depends entirely on the big whales. If the virtual currency market continues to be hot, TROY will have a chance to break through the price of 0.008. If the virtual currency market encounters a cooling, it may be possible to pull back to the support level of 0.023! Trump's victory is definitely good for the crypto circle, but recently many wealthy Americans have temporarily left the United States, which makes me have to suspect that there will be a black swan event this month! After all, the Democratic Party has seen the early means, and Trump has already moved the cheese of war personnel during his tenure. His attitude this time is also obvious. As a person in the currency circle, I really hope that Trump is fine, but there is an example of the US president being shot!