TRON Price May Retest Previous Low at $0.26

TRON submit to bears

 TRON Price Analysis – 10 December

If the buying frenzy continues past $0.28, the price of TRON might be set to break through the $0.29 and $0.2930 limits. If the price stays below $0.27, it can go close to the $0.26 and $0.25 scripts.

Key Levels:

Resistance levels: $0.28, $0.29, $0.30

Support levels: $0.27, $0.26, $0.25

TRX/USD Long-term Trend: Bearish

The TRON chart started to decline a few days ago. 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 started to decline after failing to break over the $0.30 barrier. Dealing pressure has significantly decreased over the past 48 hours, testing the $0.27 threshold. The price starts to decline when a double top chart pattern appears.

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At the $0.36 resistance level, the bulls lost steam. A loss occurs when the price of TRON falls below the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator is declining since it is below zero. If the buying frenzy continues past $0.28, the price of TRON might be set to break through the $0.29 and $0.2930 limits. If the price stays below $0.27, it can go close to the $0.26 and $0.25 scripts.

TRX/USD Medium-term Trend: Bearish

During the first four hours, the TRON image deteriorates. TRON is on a comforting declining trend and is now trading below $0.28. 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. After more than a day, it can diminish and approach the previous support areas. Bears may push the cryptocurrency down as soon as it closes below $0.27.

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

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