TRON Price: Bearish Movement May Continue to $0.26 Point

Bears are controlling TRON market

 TRON Price Analysis – 19 November

If the purchasing frenzy continues over $0.28, the price of TRON might be ready to break through the $0.29 and $0.30 barriers. If the price stays below $0.27, it can go close to the $0.26 and $0.25 scripts.

Key Levels:

Resistance levels: $0.28, $0.29, $0.30

Support levels: $0.27, $0.26, $0.25

TRX/USD Long-term Trend: Bearish

The TRON chart started to deteriorate a few days ago. The coin’s value reached a peak of $0.36 on August 23. The buyers promised to pay the agreed-upon sum. All morning long, the merchandisers work constantly. As previously revealed, after TRON failed to break through the $0.30 barrier, its price started to decline. Dealing pressure has significantly dropped over the last 48 hours, testing the $0.27 mark. When a double top chart pattern emerges, the price begins to rise.

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At the $0.36 resistance level, the bulls lost steam. A loss occurs when the price of TRON falls below the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator has a negative trend since it is below zero. If the purchasing frenzy continues over $0.28, the price of TRON might be ready to break through the $0.29 and $0.30 barriers. If the price stays below $0.27, it can go close to the $0.26 and $0.25 scripts.

TRX/USD Medium-term Trend: Bearish

The TRON image is depreciated throughout the first four hours. TRON is on a comforting falling trend and is now trading below $0.28. If the price breaks through the prior barrier and begins to decrease from the $0.28 level, merchants might be able to maintain the previously advised position. After more than a day, it can fall and approach the previous support positions. As soon as the cryptocurrency closes below $0.27, bears might push it lower.

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