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Buyers’ momentum is increase in TRON market
TRON Price Analysis – 28 June
The $0.079 and $0.081 resistance levels can be approached if the price of Crypto moves past the $0.077 resistance level and buyers remain active. If the sellers’ momentum overcomes the $0.074 support level, the price of Tron could fall to $0.073 and $0.072 levels.
Key Levels:
Resistance levels: $0.077, $0.079, $0.081
Support levels: 0.074, $0.073, $0.72
TRX/USD Long-term Trend: Bullish
On the daily chart, TRON is moving upwards. The crypto found support at $0.064 level on 10 June. The bearish momentum became weak and the price bounced back which led to the commencement of a bullish trend. Buyers’ pressure increased and the former resistance levels of $0.72, $0.73, and $0.74 turned to support levels. TRON is aiming at a $0.077 resistance level. Further price increase envisaged.
The coin is trading above the dynamic resistance levels as the two EMAs are crossing each other upside. The $0.079 and $0.081 resistance levels can be approached if the price of Crypto moves past the $0.077 resistance level and buyers remain active. If the sellers’ momentum overcomes the $0.074 support level, the price of Tron could fall to $0.073 and $0.072 levels.
TRX/USD Medium-term Trend: Bullish
On the 4-hour chart, Tron’s (TRX/USD) Price Is Heading Towards $0.074 Resistance Level The bulls are getting ready to take flight like eagles. The price is attempting to surpass the $0.074 mark. The $0.077 is the target of the crypto.
TRON has broken up 9- and 21-period exponential moving averages. The relative strength index’s period 14 signal line is pointing up at level 56, indicating a buy signal.
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