Bullish breakout at $0,25 envisaged
TRON Price Analysis – 26 February
If the buying trend persists over $0.25, the price of TRON might be poised to break past the $0.30 and $0.34 obstacles. If the price stays below $0.22, it can approach the $0.21 and $0.20 scripts.
Key Levels:
Resistance levels: $0.25 $0.30, $0.34
Support levels: $0.22, $0.21, $0.20
TRX/USD Long-term Trend: Bullish
Every day, TRON displays a favorable chart. The coin’s value increased somewhat to $0.34 on November 12. The buyers committed to paying the agreed-upon amount. The merchandisers consistently maintain the line in the morning position. As initially disclosed, TRON’s price began to fall after it was unable to surpass the $0.44 mark. Over the past week, dealing pressure has increased significantly and has now surpassed the $0.25 mark. Similarly, the total amount spent this week could not have been as great as it was stated.
The bears lost ground at the $0.22 support position. When the price of TRON rises over the Hull Suite forex signals indicator, bears lose money. Given that it is above zero, the QQE MOD Crypto signaling indicator exhibits a positive trend. If the buying trend persists over $0.25, the price of TRON might be poised to break past the $0.30 and $0.34 obstacles. If the price stays below $0.22, it can approach the $0.21 and $0.20 scripts.
TRX/USD Medium-term Trend: Bearish
The first four hours of the TRON image are unimpressive. TRON is currently trading above $0.25 and on a reassuring upward trend. Merchandisers may be able to hold onto the previously recommended position if the price breaks through the previous barrier and starts to rise from the $0.25 level. For over twenty-four hours, it may gradually deteriorate and get closer to the previous support positions. Bulls can push the coin higher as soon as it closes above $0.25.
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