TRON (TRX/USD) Price Tests $0.198 and Is Pulling Back

Bullish trend may continue in TRON market

TRON Price Analysis – 20 November

If the buying trend persists over $0.198 the price of TRON may be able to break through the $0.207 and $0.250 obstacles. If the price stays below $0.192, it can get close to the $0.188 and $0.184 levels.

Key Levels:

Resistance levels: $0.198, $0.207, $0.250

Support levels: $0.192, $0.188, $0.184

TRX/USD Long-term Trend: Bullish

The daily chart for TRON is impressive. On November 12, the coin’s value increased slightly to $0.192. The buyers agreed on the mentioned price. The line is always maintained at the initial level that sellers supply. As previously disclosed, TRON failed to overcome the challenge, and the price began to incline. Over the past week, there has been a noticeable and consistent increase in buying pressure towards the $0.198 level, and this week’s total spending might be near $0.198.

The bulls gave up at the resistance level of $0.198. When the price of TRON crosses the Hull Suite forex signals indicator, the bulls profit. Since the QQE MOD Crypto signaling indicator is greater than zero, it displays a positive trend. If the buying trend persists over $0.198 the price of TRON may be able to break through the $0.207 and $0.250 obstacles. If the price stays below $0.192, it can get close to the $0.188 and $0.184 levels.

TRX/USD Medium-term Trend: Bullish

The TRON image rises within the first four hours. The fact that TRON is now trading over $0.192 is a reassuringly upward trend. Buyers may be able to hold onto the $0.192 resistance level if the price breaks through the prior barrier and begins to increase from there. It steadily inclined for more than 24 hours before breaking over the previous resistance levels. As soon as the currency closes above $0.198, bulls can drive it higher.

The Hull Suite is currently less expensive than TRON. Furthermore, a buy is indicated by the color blue when the QQE MOD is above the zero limit.

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