TRON's market performance has taken a downturn, with a notable 5.97% decrease against the US Dollar in the last 24 hours. This decline is more pronounced when compared to the broader cryptocurrency market, which saw a marginal decrease of 0.11%. TRX also underperformed against major cryptocurrencies, losing 6.81% against Bitcoin.
Despite a bullish sentiment, with 85% of indicators favoring a positive outlook, the Fear & Greed index at 84 suggests extreme greed, potentially indicating an overvalued market. TRON's price is predicted to drop by 13.08% in the next five days, highlighting potential market volatility.