TRUEFI Token Report
TrueFi is a protocol designed to create interest-bearing pools that offer high annual percentage rates (APR) for liquidity providers. It incorporates utility and rewards mechanisms using TrustTokens (TRU), incentivizing participants to maintain stable and high APRs.
TRU is ranked #339 with a market capitalization of nearly $170 million. The current market price of the token is 0.146 USDT
On the daily time-frame, the TRU/USDT trend has broken above the descending triangle pattern with volume support. We expect the trend to continue its momentum into the coming week. An immediate support is expected at 0.132 USDT and next resistance is expected at 0.175USDT.
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