TRON has recovered from Wednesday’s low, but the upside is limited. TRX starts the transition to mainnet, all tokens are frozen. Tron, now 9th largest digital asset by market capitalization, is trading at $0.0497, off Wednesday’s low at $0.0454. Tron’s market value is $3.2B and average trading volume is $303M. Both volatility and trading volumes are subdued. Tron is getting closer to its “Independence day”. The migration to the MainNet will start today, on June 21 and finish on June 5. All ERC20-compliant TRX tokens will be frozen until the process is over. Tron’s founder Justin Sun has started a countdown in his Twitter account and published a list of 37 cryptocurrency exchanges that would support the update for TRX tokens. The list includes such big names as OKEx, Upbit, Cryptopia and many others, it is not exhaustive as new platforms may join in later. Tron’s short-term technical picture As it is shown on 30-min chart, the coin is moving within a short-term bearish trend, supported by $0.0488 and $0.0455 (50 and 20O-SMA respectively, 30-min chart). Of this support area is cleared, the selling pressure may take TRX down to $0.4116, which is the recent low reached at June 18). On the upside t,he strong obstacle is created by $0.05 and followed by $0.0524 (61.8% Fibo) TRX/USD, 30-min chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next BoE: MPC to keep policy on hold with a 7-2 vote – TDS FX Street 5 years TRON has recovered from Wednesday's low, but the upside is limited. TRX starts the transition to mainnet, all tokens are frozen. Tron, now 9th largest digital asset by market capitalization, is trading at $0.0497, off Wednesday's low at $0.0454. Tron's market value is $3.2B and average trading volume is $303M. Both volatility and trading volumes are subdued. Tron is getting closer to its "Independence day". The migration to the MainNet will start today, on June 21 and finish on June 5. All ERC20-compliant TRX tokens will be frozen until the process is over. Tron's founder Justin Sun has started… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.