TRON Price May Approach $0.25 and $0.24 Scripts

TRON market under Bears’ control

TRON Price Analysis – 26 November

If the purchasing frenzy continues over $0.28, the price of TRON might be ready to break through the $0.29 and $0.30 barriers. If the price stays below $0.27, it can go close to the $0.26 and $0.25 scripts.

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 decline. On August 23, the coin’s value peaked at $0.36. The buyers pledged to pay the agreed-upon amount. The merchandisers work nonstop throughout the morning. As previously mentioned, TRON’s price began to drop after it was unable to break through the $0.30 barrier. Over the past 48 hours, dealing pressure has drastically decreased, testing the $0.27 mark. The price starts to rise when a double top chart pattern appears.

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At the $0.36 resistance level, the bulls lost steam. When the price of TRON drops below the Hull Suite forex signals indicator, a loss takes place. Because it is below zero, the QQE MOD Crypto signaling indicator is trending downward. The price of TRON may be prepared to surpass the $0.28 and $0.29 barriers if the buying frenzy persists over $0.27. The price may approach the $0.25 and $0.24 scripts if it remains below $0.24.

TRX/USD Medium-term Trend: Bearish

During the first four hours, the TRON image deteriorates. TRON is currently trading below $0.28 and is on a reassuring declining 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 $0.28 level. It may decline and get closer to the earlier support positions after more than a day. Bears may push the cryptocurrency down as soon as it closes below $0.26.

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