TRON (TRX/USD) Price May Overcome $0.198 Barrier

Bearish movement may continue in TRON market

 TRON Price Analysis – 27 November

The price of TRON may be able to overcome the $0.213 and $0.219 barriers if the buying trend continues above $0.207. The price may approach the $0.192 and $0.188 levels if it remains below $0.198.

Key Levels:

Resistance levels: $0.207, $0.213, $0.219

Support levels: $0.198, $0.192, $0.188

TRX/USD Long-term Trend: Bearish

The TRON daily chart is remarkable. The coin’s value rose somewhat to $0.219 on November 12. The price listed was agreed upon by the purchasers. The line is always kept at the starting point that vendors provide. As previously revealed, TRON was unable to overcome the obstacle, and the price started to fall. The selling pressure has been steadily rising over the last week, approaching the $0.198 mark, and this week’s total spending may be close to $0.198.

.198 Barrier" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/11/Daily-81.png"/> At the $0.198 support level, the bulls gave up. The bulls make money when the price of TRON crosses the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator shows a negative trend because it is lower than zero. The price of TRON may be able to overcome the $0.213 and $0.219 barriers if the buying trend continues above $0.207. The price may approach the $0.192 and $0.188 levels if it remains below $0.198.

TRX/USD Medium-term Trend: Bullish

The first four hours see an increase in the TRON image. TRON is currently trading above $0.192, which is a comfortingly positive trend. If the price breaks through the previous barrier and starts to rise from there, buyers might be able to hold onto the $0.192 resistance level. Before surpassing the prior resistance levels, it sank slowly for nearly twenty-four hours. Bulls can push the currency higher as soon as it closes above $0.198.

.198 Barrier" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/11/4-hours-77.png"/> At the moment, the Hull Suite is less costly than TRON. Additionally, when the QQE MOD is above the zero limit, the color blue indicates a buy.

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