TRON (TRX/USD) Price May Penetrate $0.130 Level

Azeez Mustapha

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Bulls’ pressure increase at $0.130 level

TRON Price Analysis – 10 July

The $0.135 and $0.145 barriers may be overcome by the price of TRON if the purchasing trend stays above $0.130. If the price keeps falling below $0.128, it can surpass 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 TRON daily chart is becoming bigger. The coin’s price finally broke over $0.109 on April 19 following a protracted fall. At $0.109, buyers were able to hold a steady line. For TRON, the previously mentioned support barrier turned out to be impenetrable. The cost is going up. Over the past two weeks, there has been a significant fluctuation in the purchasing pressure above the $0.120 and $0.125 levels. The resistance level at $0.128 has already been broken. There may be a greater number of purchases this week that exceed $0.130.

TRON (TRX/USD) Price May Penetrate $0.130 Level

Approximately $0.128 is the barrier level that bulls are retaining. When the price of TRON is above the Hull Suite forex signals indicator, the bulls are in charge. Because it is greater than zero, the QQE MOD Crypto signaling indication displays a positive trend. The $0.135 and $0.145 barriers may be overcome by the price of TRON if the purchasing trend stays above $0.130. If the price keeps falling below $0.128, it can surpass the levels of $0.123 and $0.120.

TRX/USD Medium-term Trend: Bullish

The first four hours of the image demonstrate TRON’s persistence. With TRON trading over $0.128 the bears aren’t as furious as they once were. It fell steadily for approximately a week before breaking through the resistance levels of $0.120 and $0.118. Buyers defend the level as the price breaks through the prior barrier and approaches the $0.120 resistance level. Following a close above the $0.130 mark, bulls might attempt to push the currency higher.

TRON (TRX/USD) Price May Penetrate $0.130 Level

Right now, the Hull Suite is less expensive than TRON. Additionally, a purchase is indicated by the color blue when the QQE MOD is higher than the zero threshold.

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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.

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