TRON Price Commences a Bearish Trend

Further declination of price in TRON market

TRON Price Analysis – 17 September

The price of TRON may be prepared to surpass the $0.36 and $0.37 barriers if the buying momentum persists past $0.34. If the price stays below $0.33, it can approach the $0.32 and $0.30 scripts.

Key Levels:

Resistance levels: $0.34, $0.36, $0.37

Support levels: $0.33, $0.32, $0.30

TRX/USD Long-term Trend: Bearish

Not too long ago, the TRON chart began to decline. On March 16, the coin’s value dropped to $0.30. The buyers agreed to pay the agreed-upon amount. The merchandisers always keep the morning posture. As previously disclosed, TRON’s price began to rise after it was unable to overcome the $0.30 barrier. Over the past month, dealing pressure has significantly increased and tested the $0.36 mark. After a double top chart pattern forms, the price starts to move in a bearish direction.

The bulls lost momentum at the resistance level of $0.36. When the price of TRON falls below the Hull Suite forex signals indicator, a profit is lost. Because it is below zero, the QQE MOD Crypto signaling indicator displays a negative trend. The price of TRON may be prepared to surpass the $0.36 and $0.37 barriers if the buying momentum persists past $0.34. If the price stays below $0.33, it can approach the $0.32 and $0.30 scripts.

TRX/USD Medium-term Trend: Bearish

Over the first four hours, the TRON image deteriorates. TRON is currently trading below $0.34 and is on a reassuring downward trend. Merchants may be able to hold onto the previously recommended position if the price breaks over the previous barrier and starts to decline from the $0.34 level. It may diminish and get closer to the previous support sites after more than twenty-four hours. Bears can push the cryptocurrency lower as soon as it closes below $0.33.

Right now, the Hull Suite is worth more than TRON. Additionally, when the QQE MOD falls below the zero limit, the color red indicates a sell.

Start using a world-class auto trading solution

You can purchase crypto coins here: Buy LBLOCK