TRON price Unable to Break Through Barrier at $0.449 Mark

Tron may be lowered to $0.22 barrier

 TRON Price Analysis – 18 December

If the buying trend persists over $0.30, the price of TRON might be able to break through the $0.34 and $0.44 obstacles. If the price stays below $0.25, it might get closer to the $0.22 and $0.21 levels.

Key Levels:

Resistance levels: $0.30, $0.34, $0.44

Support levels: $0.25 $0.22, $0.21

TRX/USD Long-term Trend: Bearish

Bearish is the daily chart for TRON. The value of the coin increased little on November 12 to $0.449. The buyers agreed to pay the agreed upon sum. The starting point provided by the vendors is where the line is always maintained. As was previously disclosed, TRON was unable to break through the barrier at the $0.449 mark, and as a result, the price began to fall. The last week has seen a steady increase in selling pressure, which has already reached the $0.25 barrier. Additionally, the total amount spent this week can be less than the stated amount.

The bulls lost up around the resistance level of $0.449. When the price of TRON passes the Hull Suite forex signals indicator to the downward, the bulls lose money. Because it is below zero, the QQE MOD Crypto signaling indicator displays a negative trend. If the buying trend persists over $0.30, the price of TRON might be able to break through the $0.34 and $0.44 obstacles. If the price stays below $0.25, it might get closer to the $0.22 and $0.21 levels.

TRX/USD Medium-term Trend: Bullish

The TRON image deteriorates over the first four hours. TRON is presently on a reassuringly downward trend, trading below $0.30. Sellers may be able to hold onto the level that was just indicated if the price breaks through the prior barrier and begins to decline from there. For around 24 hours, it steadily dropped toward the previous support levels. As soon as the coin closes below $0.25, bears might push it lower.

The Hull Suite is currently more expensive than TRON. Furthermore, the color red signifies a red when the QQE MOD is below the zero limit.

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