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Bullish trend is increasing in TRON market
TRON Price Analysis – 03 July
If the buying trend continues over $0.130, the price of TRON might be able to break through the $0.135 and $0.145 obstacles. Should the declining trend continue below $0.128, the price may break through the levels of $0.123 and $0.120.
Key Levels:
Resistance levels: $0.130, $0.135, $0.145
Support levels: $0.128, $0.125, $0.120
TRX/USD Long-term Trend: Bullish
The size of the TRON daily chart is increasing. After a lengthy decline, the coin’s price eventually broke over $0.109 on April 19. Buyers managed to maintain a steady line at $0.109. The previously indicated support barrier proved to be unbreakable for TRON. The price is rising. The purchasing pressure above the $0.120 and $0.125 levels has fluctuated greatly over the last two weeks. $0.128 resistance level is already penetrated. This week, there might be more purchases that cost more than $0.130.
The barrier level that bulls are holding is around $0.128. The bulls are in control when the price of TRON is above the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator shows a positive trend because it is greater than zero. If the buying trend continues over $0.130, the price of TRON might be able to break through the $0.135 and $0.145 obstacles. Should the declining trend continue below $0.128, the price may break through the levels of $0.123 and $0.120.
TRX/USD Medium-term Trend: Bullish
The image’s first four hours show how persistent TRON is. The bears aren’t as enraged now that TRON is trading above $0.128. Before breaking through the resistance levels of $0.120 and $0.118, it plummeted gradually for about a week. As the price breaks through the previous barrier and gets closer to the $0.120 resistance level, buyers defend the level. Bulls may try to move the currency higher after it closes above $0.130 level.
The Hull Suite is currently less costly than TRON. In addition, when the QQE MOD is greater than the zero threshold, the color blue indicates a purchase.
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