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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Bulls remain more powerful than bears, according to <a href="https://u.today/litecoin-ltc-price-analysis-for-december-21" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="998b490b-4906-4406-ae96-c2f008034207" src="https://u.today/sites/default/files/inline-images/top10_846.png">TRX chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="trx-usd">TRX/USD</h2>
The rate of XRP is almost unchanged since yesterday. <img data-entity-type="file" data-entity-uuid="b41508f2-f598-468a-bcaf-a94c56b26531" src="https://u.today/sites/default/files/inline-images/trx1_1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TRXUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the price of TRX is in the middle of the narrow channel, gaining energy for a further move. However, there are low chances to see any sharp moves today as most of the daily ATR has been passed. <img data-entity-type="file" data-entity-uuid="28ce42d4-649d-4735-8510-d544df82b73f" src="https://u.today/sites/default/files/inline-images/trx2_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TRXUSD" rel="noopener noreferrer nofollow">TradingView</a>
A similar situation can be seen on the daily chart. Thus, the volume has dropped, which means that neither buyers nor sellers have accumulated enough strength for a further move.&nbsp;
In this case, sideways trading around $0.1050 is the more likely scenario for the next few days. <img data-entity-type="file" data-entity-uuid="313ce317-4bb2-4d55-824c-ede7f7c34cc5" src="https://u.today/sites/default/files/inline-images/trx3_1.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/TRXUSD" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, the rate of TRX has once again bounced off the zone of $0.10. If the bar closes far from it, the rise may continue to the $0.11 area.
TRX is trading at $0.10426 at press time.

TRX Price Analysis for December 22

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