TRON (TRX/USD) Price May Breakthrough $0.169 Level

TRON image gets brighter

 TRON Price Analysis – 23 October

If the buying trend persists above $0.162, the price of 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

As previously disclosed, TRON was unable to overcome the obstacle, and the price began to rise. The buying pressure has increased noticeably and steadily over the last week to the $0.162 level, and this week’s total spending may surpass $0.155. TRON’s daily chart looks encouraging. After a minor decrease, the coin’s price fell to $0.150 on September 6. The price was fixed by the purchasers at $0.155. The line at the first level specified is always maintained by sellers.

The bears gave up at the resistance level of $0.169. When the price of TRON surpasses the Hull Suite forex signals indicator, the bulls are in charge. Given that it is greater than zero, the QQE MOD Crypto signaling indicator exhibits a positive trend. If the buying trend persists above $0.162, the price of 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.

TRX/USD Medium-term Trend: Bullish

The TRON image gets brighter over the first four hours. The fact that TRON is currently trading above $0.155 is reassuringly optimistic. Buyers may be able to hold the $0.155 support level if the price breaks through the prior barrier and begins to increase from there. It has been steadily rising for about a week before breaking through the previous resistance levels. As soon as the currency closes over $0.162, bulls might push it higher.

The Hull Suite is currently less costly than TRON. Furthermore, the color blue denotes a buy when the QQE MOD rises above the zero limit.

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