TRON price: Bulls Are Gathering Momentum

Bullish trend may continue

TRON Price Analysis – 29 January

The price of TRON may be ready to break through the $0.30 and $0.34 walls if the buying momentum continues above $0.25. The price may move closer to the $0.21 and $0.20 scenarios if it remains below $0.22.

Key Levels:

Resistance levels: $0.25 $0.30, $0.34

Support levels: $0.22, $0.21, $0.20

TRX/USD Long-term Trend: Bullish

The time frame that TRON shows each day is favorable. On November 12, the coin’s value slightly raised to $0.34. The purchasers agreed to pay the agreed-upon sum. The line is always kept in the morning position by the merchandisers. As first revealed, TRON was unable to overcome the $0.44 hedge, which caused its price to start declining. Dealing pressure has been steadily rising over the last week and has now crossed the $0.22 threshold. In a similar vein, this week’s total expenditure could not have been as high as claimed.

At the $0.22 support position, the bears lost ground. Bears lose money when the price of TRON moves above the Hull Suite forex signals index. The QQE MOD Crypto signaling index shows a positive trend because it is above zero. The price of TRON may be ready to break through the $0.30 and $0.34 walls if the buying momentum continues above $0.25. The price may move closer to the $0.21 and $0.20 scenarios if it remains below $0.22.

TRX/USD Medium-term Trend: Bullish

The TRON image becomes promising throughout the first four hours. TRON is now on a comforting upward trend and trading above $0.22. However, if the price breaks through the previous hedge and begins to rise from the $0.25 level, merchandisers may be able to stay onto the position that was recently advised. For almost twenty-four hours, it will incline gradually, approaching the previous resistance positions. As soon as the coin closes above $0.25, bulls can push it higher.

The Hull Suite is currently less expensive than TRON. Additionally, a buy is indicated by the color blue when the QQE MOD is above the zero limit.

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