🚀 TRX hits 3-year high
Justin Sun delighted the community with a positive update over the weekend:
the energy limit on the network was increased to 120 billion. On the news, TRX reached a three-year high of $0.16.
🌞🌞🌞 The increased limit allows the blockchain to process more transactions on the network with lower fees.
TRX is currently trading at $0.1613. The token was last traded at this level in May 2021.
Tron is currently in the overbought zone, which is confirmed by the RSI values. The indicator indicates an increased probability of a correction.
↗️ In a negative scenario, TRX may fall by 13% from its current value - to $0.14. But if the bulls hold the initiative and the growth continues, the TRX price can reach $0.17.
