TRON price: Sellers Defend $0.44 Resistance Level

Bearish movement may break down $0.25 barrier

TRON Price Analysis – 11 December

The price of TRON may be able to overcome the $0.34 and $0.44 barriers if the buying trend continues above $0.30. The price may approach the $0.22 and $0.21 levels if it remains below $0.25

Key Levels:

Resistance levels: $0.30, $0.34, $0.44

Support levels: $0.25 $0.22, $0.21

TRX/USD Long-term Trend: Bearish

The TRON daily chart is bearish. The coin’s value rose slightly to $0.449 on November 12. The specified price was accepted by the buyers. The line is always kept at the beginning point that the vendors supply. As previously revealed, TRON was unable to overcome the obstacle at the $0.449 level, and as a result, the price started to decline. The selling pressure has been gradually rising over the last week, and it has now hit the $0.25 mark. The total amount spent this week may also lower than the mentioned value.

.44 Resistance Level" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/12/Daily-34.png"/>

Around the $0.449 resistance level, the bulls gave up. The bulls lose money when the price of TRON crosses the Hull Suite forex signals indicator downside. The QQE MOD Crypto signaling indicator shows a negative trend because it is below zero. The price of TRON may be able to overcome the $0.34 and $0.44 barriers if the buying trend continues above $0.30. The price may approach the $0.22 and $0.21 levels if it remains below $0.25.

TRX/USD Medium-term Trend: Bullish

During the first four hours, the TRON image declines. TRON is currently trading below $0.30, which is a comfortingly downward trend. If the price breaks through the previous barrier and starts to fall from there, sellers might be able to hold onto the level that was just indicated. It slowly declined approaching the prior support levels for about twenty-four hours. Bears can drive the coin lower as soon as it closes below $0.25.

.44 Resistance Level" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/12/4-hours-32.png"/> At the moment, the Hull Suite is more costly than TRON. Additionally, when the QQE MOD is below the zero limit, the color red indicates a red.

You can purchase crypto coins here: Buy LBLOCK

Start using a world-class auto trading solution