TRON (TRX/USD) Price: Buyers’ Pressure May Push Above $0.140 Level

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Bulls over power Bears in TRON market

TRON Price Analysis – 21 February

The price of TRON can surpass the $0.143 and $0.145 barriers if the buying trend holds over the $0.140 resistance level. If selling persists, TRON might be able to break through the $0.138 barrier and reach the support levels of $0.130 and $0.127.

Key Levels:

Resistance levels: $0.140, $0.143, $0.145

Support levels: $0.138, $0.130, $0.127

TRX/USD Long-term Trend: Bullish

The daily chart of TRON is always moving in a bullish manner. Over the previous four weeks, the cryptocurrency’s price fluctuated between $0.127 and $0.130. The buyers crossed the $0.130 threshold. Buyers tried to drive prices above $0.138 last week, but sellers couldn’t keep the line going. At $0.140, TRON tested the resistance level. The cost went up. It appears to be approaching the prior highs of around $0.140 as buyers appear to be gathering traction today.

TRON (TRX/USD) Price: Buyers’ Pressure May Push Above $0.140 Level

Bulls are driving the market higher when the price of TRON surpasses the Hull Suite signal. Since the QQE MOD indicator is above zero, it displays a positive trend. The price of TRON can surpass the $0.143 and $0.145 barriers if the buying trend holds over the $0.140 resistance level. If selling persists, TRON might be able to break through the $0.138 barrier and reach the support levels of $0.130 and $0.127 according to best forex signals.

 

TRX/USD Medium-term Trend: Bullish

The first four hours’ visual depicts a developing picture of TRON. Over the last two weeks, TRON has maintained its hold above $0.130, which has lessened the zeal of the bearish. It rose at the same pace for about a week, surpassing the resistance levels of $0.130. Buyers held on as the price passed the previously established barrier and approached the $0.140 resistance level. Bulls may continue to push as long as the price attempts to break over $0.140.

TRON (TRX/USD) Price: Buyers’ Pressure May Push Above $0.140 Level

As of right now, TRON is more expensive than the Hull Suite. In addition, the color blue denotes a buy when the QQE MOD is greater than zero.

You can purchase crypto coins here: Buy LBLOCK

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *