TRON (TRX/USD) Price: Sellers Defend $0.192 Resistance Level

A Pullback in TRON market

 TRON Price Analysis – 13 November

The price of TRON might be able to overcome the $0.184 and $0.192 barriers if the buying trend continues above $0.180. The price may approach the $0.162 and $0.155 levels if it remains below $0.170.

Key Levels:

Resistance levels: $0.180, $0.184, $0.192

Support levels: $0.170, $0.162, $0.155

TRX/USD Long-term Trend: Bullish

As previously revealed, TRON failed to conquer the challenge, and the price started to decline. Over the past week, there has been a noticeable and consistent increase in buying pressure towards the $0.184 level, and this week’s total spending might be near $0.192. The daily chart for TRON is lackluster. On November 12, the coin’s value increased slightly to $0.192. The buyers agreed on mentioned price. The line is always maintained at the initial level that sellers supply.

At the $0.192 resistance level, the bulls gave up. The bulls gain over when the price of TRON goes over the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator shows a positive trend because it is higher than zero. The price of TRON might be able to overcome the $0.184 and $0.192 barriers if the buying trend continues above $0.180. The price may approach the $0.162 and $0.155 levels if it remains below $0.170.

TRX/USD Medium-term Trend: Bullish

Over the first four hours, the TRON image increases. It is a comfortingly optimistic trend that TRON is currently trading above $0.162. If the price breaks through the previous barrier and starts to decline from there, sellers might be able to maintain the $0.162 resistance level. It broke over the prior support levels after declining gradually for over 24 hours. Bears may push the currency lower as soon as it closes below $0.162.

Right now, the Hull Suite costs less than TRON. Additionally, when the QQE MOD is above the zero limit, the color blue indicates a buy.

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