Bears are increasing in TRON market
TRON Price Analysis – 04 September
If the selling trend continues below $0.150, the price of TRON might break below the $0.154 and $0.142 obstacles. The price may approach the $0.169 and $0.173 levels if it remains above $0.162.
Key Levels:
Resistance levels: $0.162, $0.169, $0.173
Support levels: $0.150, $0.154, $0.142
TRX/USD Long-term Trend: Bearish
The TRON daily chart is getting lower. On August 25, after a brief incline, the price of the coin rise above $0.162. At $0.169, buyers were able to place the price at $0.169 level. Sellers hold a steady line at the just mentioned level. The resistance barrier that was previously mentioned proved to be unbreakable for TRON. The cost started to fall. Over the previous week, there has been a lot of steady increase in selling pressure to the $0.150 level. This week’s total expenditure may reach $0.154.
Bears are pulling back from the resistance level of $0.1169. The bears are in control when the price of TRON is below the Hull Suite forex signals indicator. The QQE MOD Crypto signaling indicator shows a negative trend because it is lower than zero. If the selling trend continues below $0.150, the price of TRON might break below the $0.154 and $0.142 obstacles. The price may approach the $0.169 and $0.173 levels if it remains above $0.162.
TRX/USD Medium-term Trend: Bearish
The brightness of the TRON image decreases within the first four hours. At this point, TRON has fallen below $0.162 in an attempt to placate bears. It is falling gradually for about a week before surpassing the previously indicated support levels. The $0.162 resistance level may be held by sellers when the price breaks through the previous barrier and starts to decline from there. Bulls can push the currency higher after it closes above $0.162.
Right now, TRON is less priced than the Hull Suite. In addition, the color red signals a sell when the QQE MOD drops below the zero barrier.
Start using a world-class auto trading solution
You can purchase crypto coins here: Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
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.