TRON Price Decreases as Double Top Pattern Emerge

TRON is trading below $0.28 level

TRON Price Analysis – 03 December

The price of TRON may be set to surpass the $0.28 and $0.29 barriers if the purchasing frenzy extends over $0.27. The price may approach the $0.25 and $0.24 scripts if it remains below $0.26.

Key Levels:

Resistance levels: $0.27, $0.28, $0.29

Support levels: $0.26, $0.25, $0.24

TRX/USD Long-term Trend: Bearish

A few days ago, the TRON chart began to drop. The coin’s value reached a peak of $0.36 on August 23. The buyers promised to pay the agreed-upon sum. Throughout the morning, the merchandisers work ceaselessly. As previously reported, TRON’s price began to decrease after it was unable to break through the $0.30 barrier. Over the previous 48 hours, dealing pressure has substantially diminished, testing the $0.27 mark. When a double top chart pattern emerges, the price begins to fall.

The bulls lost momentum at the resistance level of $0.36. When the price of TRON decreases below the Hull Suite forex signals indicator, a loss takes place. Because it is below zero, the QQE MOD Crypto signaling indication is heading downward. The price of TRON may be set to surpass the $0.28 and $0.29 barriers if the purchasing frenzy extends over $0.27. The price may approach the $0.25 and $0.24 scripts if it remains below $0.26.

TRX/USD Medium-term Trend: Bearish

The TRON image deteriorates over the first four hours. TRON is currently trading below $0.28 and is on a reassuring falling trend. If the price breaks through the prior barrier and begins to fall from the $0.28 level, merchants could be able to maintain the previously suggested position. It may decrease and move closer to the earlier support areas after more than a day. Bears may push the cryptocurrency down as soon as it closes below $0.26.

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

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