TRON price: Buying Pressure Is Increasing Steadily, Reaches $0.449 Level

Bullish movement may Surpass $0.449 Barrier

 TRON Price Analysis – 04 December

If the purchasing trend persists over $0.449, the price of TRON might be able to break through the $0.558 and $0.609 obstacles. If the price stays below $0.353, it can get close to the $0.228 and $0.219 levels.

Key Levels:

Resistance levels: $0.449, $0.558, $0.609

Support levels: $0.353 $0.228, $0.219

TRX/USD Long-term Trend: Bullish

The daily chart for TRON is impressive. On November 12, the coin’s value increased somewhat to $0.449. The purchasers agreed on the indicated price. The starting point provided by the vendors is where the line is always maintained. As previously disclosed, TRON failed to overcome the challenge at $0.449 level, and the price began to pullback at the moment. Over the past week, the buying pressure has been increasing steadily and it reached the $0.449 level. This week’s total spending might be over $0.449 as well.  The bulls gave up around the $0.449 resistance level. When the price of TRON crosses the Hull Suite forex signals indicator, the bulls profit. Since the QQE MOD Crypto signaling indicator is above zero, it displays a positive trend. If the purchasing trend persists over $0.449, the price of TRON might be able to break through the $0.558 and $0.609 obstacles. If the price stays below $0.353, it can get close to the $0.228 and $0.219 levels.

TRX/USD Medium-term Trend: Bullish

The TRON image increases within the first four hours. At the moment, TRON is trading over $0.353, which is a reassuringly optimistic trend. Buyers may be able to hold onto the just mentioned level if the price breaks past the prior barrier and begins to advance from there. For almost twenty-four hours, it dropped slowly towards the previous resistance levels. As soon as the currency closes over $0.353, bulls can push it higher.

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

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