TRON (TRX/USD) Price Pulls Back to Retest $0.130 Zone
Login

TRON (TRX/USD) Price Pulls Back to Retest $0.130 Zone

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Bulls are returning in to TRON market

TRON Price Analysis – 06 March

The price of TRON might overcome the $0.140 and $0.143 barriers if the buying trend keeps rising over the $0.138 resistance level. If selling persists, TRON might be able to break through the $0.130 barrier and reach the support levels of $0.127 and $0.120.

Key Levels:

Resistance levels: $0.138, $0.140, $0.143

Support levels: $0.130, $0.127, $0.120

TRX/USD Long-term Trend: Bullish

The daily chart of TRON is continuously shows positive movement. For the five weeks prior, the cryptocurrency’s price fluctuated between $0.127 and $0.130. The buyers paid more than $0.130. Prices rose over $0.138 last week, but sellers were unable to keep the line steady. At $0.140, TRON conducted a resistance level test. The cost went up. It seems that buyers are picking up steam today, and the price is approaching the previous highs, which were around $0.140.

TRON (TRX/USD) Price Pulls Back to Retest $0.130 Zone

Bulls are driving the market upward when the price of TRON surpasses the Hull Suite forex signal. Since the QQE MOD Crypto signals indicator is above zero, it displays a positive trend. The price of TRON might overcome the $0.140 and $0.143 barriers if the buying trend keeps rising over the $0.138 resistance level. If selling persists, TRON might break through the $0.130 barrier and reach the support levels of $0.127 and $0.120.

TRX/USD Medium-term Trend: Bullish

The evolution of TRON is depicted in the picture spanning the first four hours. The bears’ passion has subsided because TRON has maintained above $0.130 level for the last two weeks. It rose simultaneously for over a week, breaking through the $0.130 resistance level. Buyers held on as the price broke through the previous barrier and approached the $0.140 resistance level. Bulls can continue pushing the coin if it aims to break over $0.140.

TRON (TRX/USD) Price Pulls Back to Retest $0.130 Zone

Right now, the Hull Suite is less costly than TRON. In addition, a purchase is indicated by the color blue when the QQE MOD is more than zero.

You can purchase crypto coins here: Buy LBLOCK

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News