TRX May Spike Over $0.065 Resistance; Invest in TAMA today!

2 min


Join Our Telegram channel to stay up to date on breaking news coverage

The Tron price forecast shows that TRX is ready to renew the  trend trend after trading near the 9-day .

Tron Prediction Statistics Data:

  • Tron price now – $0.059
  • Tron market  – $5.5 billion
  • Tron circulating supply – 92.3 billion
  • Tron total supply – 92.3 billion
  • Tron Coinmarketcap ranking – #15

TRX/USD Market

Key Levels:

levels: $0.065, $0.067, $0.069

Support levels: $0.055, $0.053, $0.051

TRX/USD regains ground to touch the daily high at $0.060 during the European session today. The Tron price is at present changing hands at $0.059 and with the recovery; the coin is now facing the upside aiming to cross over the 9-day average.

Would Tron Price Move to the Upside as Tamadoge Trades Bullishly?

The Tron price is moving towards the resistance level of $0.065 while the initial move over the 21-day moving average could boost the price further up. Despite the fact, Tron (TRX) heads to the upside before retreating to where it is at present trading. Looking at the coin from over, more positive trend movements may come into play if the Tron price moves to cross over the 21-day MA, the nearest resistance level could be found at $0.060

READ  Bitcoin must reclaim $19,000 as support to have any ‘bullishness,’ says crypto expert

Meanwhile,  can see that the daily is still in the hands of the bulls as the Relative Strength Index (14) moves to cross over the 40-level. In the meantime, a break over the $0.063 level may possibly likely push the coin towards the potential resistance levels of $0.065, $0.067, and $0.069 while a fall below the lower boundary of the channel may lead to the supports of $0.055, $0.053, and $0.051 respectively.

Against Bitcoin, the Tron price is seen slightly towards the 9-day and 21-day moving averages. Following the coin touches the daily high at 322 SAT today, the coin later retreated to the low of 310 SAT. In the meantime, the price may follow the upward movement as the buyers are ready to put on the market.

Trx May Spike Above $0.065 Resistance; Invest In Tama Today!TRXBTC – Daily Chart

Furthermore, should the sellers return to the market, the Tron price may fall to the support of 290 SAT and below. At present, the technical Relative Strength Index (14) moves to cross over the 40-level as the market is ready to face the upward movement in the upcoming positive direction while the resistance level could be located at 350 SAT and above.

READ  Coinbase Rejects Proprietary Trading and Crypto ‘Market Maker’ Allegations

Tamadoge, an ERC-20 crypto token, will likewise have its initial DEX offering (IDO) on Uniswap. TAMA is set to list at $0.03. As the Tamadoge presale sold out earlier than expected, the team is reportedly moving forward with all TAMA cryptocurrency listings to take place in the days.

Related:

    Join Our Telegram channel to stay up to date on breaking news coverage

    Continue reading on Insidebitcoins.com


    Disclaimer: This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

    READ  🚨 FED Will Crush Crypto & Stocks! | Here’s My Plan... ⚠️


    Like it? Share with your friends!

    15 shares
    Share via
    Share via
    Send this to a friend