Bulls may drive TRON higher
TRON Price Analysis – 30 October
The price of TRON might be able to overcome the $0.180 and $0.185 barriers if the buying trend continues above $0.169. The price may approach the $0.155 and $0.150 levels if it remains below $0.162.
Key Levels:
Resistance levels: $0.169, $0.180, $0.185
Support levels: $0.162, $0.155, $0.150
TRX/USD Long-term Trend: Bullish
As previously revealed, TRON failed to overcome the challenge, and the price started to increase. Over the past week, the buying pressure has risen substantially and consistently to the $0.162 level, and this week’s total spending could approach $0.155. The daily chart for TRON is promising. On September 6, the coin’s price dropped slightly to $0.150. The buyers agreed on a price of $0.155. Sellers always maintain the line at the first level indicated.
At the $0.169 resistance level, the bears gave up. The bulls take control when the price of TRON crosses over the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator shows a positive trend because it is greater than zero. The price of TRON might be able to overcome the $0.180 and $0.185 barriers if the buying trend continues above $0.169. The price may approach the $0.155 and $0.150 levels if it remains below $0.162.
TRX/USD Medium-term Trend: Bullish
Over the first four hours, the TRON picture becomes brighter. It is comfortingly hopeful that TRON is now trading above $0.162. If the price breaks through the previous barrier and starts to rise from there, buyers might be able to hold the $0.162 support level. It broke through the prior resistance levels after increasing consistently for roughly a week. Bulls may drive the currency higher as soon as it closes above $0.169.
Right now, the Hull Suite is less expensive than TRON. Additionally, when the QQE MOD increases beyond the zero limit, the color blue indicates a purchase.
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