TRON (TRX/USD) Price Is Bouncing Up at $0.117 Support 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.


Buyers are gaining momentum in TRON market

TRON Price Analysis – 10 April

If the purchasing trend continues over $0.127, the price of TRON could break above the $0.134 and $0.138 obstacles. Alternatively, the price may fall to $0.117 and $0.114 if the adverse trend continues below $0.120.

Key Levels:

Resistance levels: $0.127, $0.134, $0.138

Support levels: $0.120, $0.117, $0.114

TRX/USD Long-term Trend: Bullish

TRON’s daily chart is on the incline. The coin’s price tested the $0.144 barrier on February 28 following a lengthy rising trend. Sellers managed to hold the line firm at $0.144. The resistance barrier that was previously described proved to be unbreakable for TRON. The price is decreasing. Less buying activity appears to have occurred since last two weeks, and the price briefly tested the $0.108 support level before rising. The price formed a double bottom chart pattern. Bullish movement is possible.

TRON (TRX/USD) Price Is Bouncing Up at $0.117 Support Level

When the price of TRON is higher than the Hull Suite forex signals indicator, bulls are pushing the market higher. The QQE MOD Crypto signals indicator shows a positive trend because it is higher than zero. If the purchasing trend continues over $0.127, the price of TRON could break above the $0.134 and $0.138 obstacles. Alternatively, the price may fall to $0.117 and $0.114 if the adverse trend continues below $0.120.

TRX/USD Medium-term Trend: Bullish

The image’s first four hours show TRON’s resilience. The fact that TRON is trading above $0.120 today has caused the bears’ excitement to fade. It broke through the $0.114 and $0.117 support levels after dropping at the same rate for more than a week. As the price breaks through the previous barrier and gets closer to the $0.127 resistance level, buyers defend the level. Bulls might push the coin higher if it makes an attempt to break above $0.127.

TRON (TRX/USD) Price Is Bouncing Up at $0.117 Support Level

Right now, TRON is more affordable than the Hull Suite. Moreover, when the QQE MOD is more than zero level, the color blue indicates a buy.

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 *