TRON (TRX/USD) Price May Reach $0.134 Incase Bulls Exert More Pressure

Bullish trend may commence in TRON market

 TRON Price Analysis – 19 June

If the buying trend continues over $0.117, the price of TRON might be able to break through the $0.128 and $0.134 obstacles. Should the declining trend continue below $0.108, the price may fall through the levels of $0.104 and $0.900 levels.

Key Levels:

Resistance levels: $0.117, $0.128, $0.134

Support levels: $0.108, $0.104, $0.900

TRX/USD Long-term Trend: Bullish

The TRON daily chart is getting smaller. After a lengthy decline, the coin’s price finally broke over $0.104 on April 19. Buyers managed to maintain a steady line at $0.104. The previously mentioned support obstacle proved to be insurmountable for TRON. The price is rising. Less buying and selling pressure movement has occurred within the $0.128 and $0.109 levels during the last two weeks. This week, there might be fewer sales bargains that break the $0.117 mark.

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The barrier level that bears are holding is approximately $0.117. The bulls are in control when the price of TRON is above the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indication shows a positive trend since it is greater than zero. If the buying trend continues over $0.117, the price of TRON might be able to break through the $0.128 and $0.134 obstacles. Should the declining trend continue below $0.108, the price may fall through the levels of $0.104 and $0.900 levels.

TRX/USD Medium-term Trend: Bullish

The image’s first four hours show how persistent TRON is. With TRON trading over $0.113, the bears’ fervor has subsided. Before breaking through the resistance levels of $0.108 and $0.104, it plummeted gradually for about a week. As the price breaks through the previous barrier and gets closer to the $0.117 resistance level, buyers defend the level. Once the currency closes over $0.117, bulls can try to push it higher.

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