Price pulled back and currently going higher

TRON Price Analysis – 06 August

The price of TRON may be ready to surpass the $0.35 and $0.36 barriers if the buying trend stays above $0.34. The price may become closer to the $0.32 and $0.31 scripts if it remains below $0.31

Key Levels:

Resistance levels: $0.33, $0.34, $0.35

Support levels: $0.32, $0.31, $0.30

TRX/USD Long-term Trend: Bullish

 

The TRON chart gets better every day. The coin’s value dropped somewhat to $0.21 on March 16. The buyers pledged to pay the agreed-upon amount. The merchandisers maintain the line in the morning position at all times. As previously disclosed, TRON’s price began to rise after it was unable to overcome the $0.26 barrier. Over the past week, dealing pressure has increased significantly and has now surpassed the $0.33 mark. Likewise, the total amount spent this week could not have been as great as it was stated.

The bears lost momentum at the $0.31 support level. When the price of TRON rises over the Hull Suite forex signals indicator, bulls profit. Since the QQE MOD Crypto signaling indicator is above zero, it displays a positive trend. If the buying trend continues over $0.33, the price of TRON might be poised to break through the $0.34 and $0.35 barriers. If the price stays below $0.32, it can approach the $0.31 and $0.30 scripts.

TRX/USD Medium-term Trend: Bullish

During the first four hours, the TRON picture is overwhelming. TRON is currently trading above $0.32 and is on a reassuring upward trend. Merchants may be able to hold onto the previously recommended position if the price breaks through the previous barrier and starts to rise from the $0.33 level. It might become better and get closer to the previous resistance locations after more than twenty-four hours. Bulls can drive the cryptocurrency higher as soon as it closes above $0.34.

At the moment, TRON is more valuable than the Hull Suite. Additionally, when the QQE MOD is above the zero limit, the color blue indicates a buy.

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