Price may surpass $0.30 level
TRON Price Analysis – 22 January
If the buying trend persists above $0.25, the price of TRON might be appropriate to break over the $0.30 and $0.34 walls. If the price stays below $0.22, it might become closer to the $0.21 and $0.20 scenarios
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 daily time frame displayed by TRON is positive. The coin’s value increased somewhat to $0.449 on November 12. The buyers promised to pay the predetermined amount. The merchandisers consistently maintain the line in the morning position. TRON’s price began to fall because it was unable to overcome the $0.44 hedge, as it was initially disclosed. Over the past week, dealing pressure has been gradually increasing and has finally surpassed the $0.22 mark. Similarly, the total amount spent this week could not have been as great as it was stated.
The bears lost ground at the $0.22 support position. When the price of TRON crosses the Hull Suite forex signals index to the positive, bears lose money. Given that it is above zero, the QQE MOD Crypto signaling index exhibits a positive trend. If the buying trend persists above $0.25, the price of TRON might be appropriate to break over the $0.30 and $0.34 walls. If the price stays below $0.22, it might become closer to the $0.21 and $0.20 scenarios.
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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