TRON (TRX/USD) Price Attracts More Buyers Towards $0.169 Level

Buyers pressure is increasing in TRON market

TRON Price Analysis – 09 October

If the buying trend persists above $0.162, TRON may be able to break through the $0.169 and $0.180 obstacles. If the price stays below $0.155, it can get close to the $0.150 and $0.142 levels.

Key Levels:

Resistance levels: $0.162, $0.169, $0.180

Support levels: $0.155, $0.150, $0.142

TRX/USD Long-term Trend: Bullish

The daily chart for TRON seems promising. After a little decline, the coin’s price decreased to $0.150 on September 06. The $0.155 price was set by the purchasers. Sellers constantly maintain the line at the first level mentioned. As was already disclosed, TRON was unable to break through the barrier. The price began to incline. There has been a noticeable and steady increase in buying pressure to $0.162 over the last week. The entire amount spent this week can be more than $0.155.

The bears gave up on the resistance level of $0.169. When the price of TRON is above the Hull Suite forex signals indicator, the bulls are in charge. Because it is lessmore than zero, the QQE MOD Crypto signaling indication displays a positive trend. If the buying trend persists above $0.162, TRON’s price may be able to break through the $0.169 and $0.180 obstacles. If the price stays below $0.155, it can get close to the $0.150 and $0.142 levels.

TRX/USD Medium-term Trend: Bearullish

Over the course of the first four hours, the TRON picture becomes bright. The fact that TRON is currently trading above $0.155 is encouragingly bullish. It is gradually inclining for almost a week before surpassing the previously established resistance thresholds. In the event that price breaks through the prior barrier and begins to increase from there, buyers might be able to hold the $0.155 support level. As soon as the currency closes over $0.162, bulls may push it higher.

Right now, the Hull Suite is less expensive than TRON. Additionally, when the QQE MOD rise above the zero limit, the color blue indicates a buy.

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