Tag: trx price analysis

May 19 2022

TRX Price Analysis – Another Bullish Attempt For $0.075 Breakout

May 19 2022 Published at Coingape under tags  price analysis trx price analysis

Another attempt from TRON (TRX) buyers to surpass the crucial resistance zone at the $0.075 mark stands against formidable selling pressure. Considering the increased recovery momentum helps the daily candle close above the supply zone, a boom in buying pressure will be observed. But will buyers undermine the selling pressure or is it just another...

May 14 2022

TRX Price Analysis: Fallout of $0.075 Support Hints 18% Drop in TRX

The failed attempt from the TRON (TRX) buyers to escape the range-bound rally indicates a potential downfall to the $0.057 mark. The $0.075 fallout brings a short opportunity for interested traders to take an 18% target. Can the concentrated EMAs stall the upcoming freefall? Key points The TRX price has lost 16% since the last...

May 12 2022

TRX Price Analysis: Concentrated EMAs Assist Buyers To Defense $0.072

With Bitcoin losing $30000 support and a massive collapse in LUNA and UST stablecoin price, the crypto market has witnessed outraged selling over the past week. However, battling the broader market sentiment, TRON(TRX) price went through a volatile phase to prevent some major losses. Key points The TRX chart reflects 20% in the last four...

May 07 2022

TRON Price Analysis: RSI Divergence Tease Minor Correction In TRX

The TRON(TRX) price escaped a three-month-long consolidation phase with a bullish breakout from the resistance trendline of the inverted flag pattern. The breakout rally tagged an overhead resistance of $0.09 and reverted to a retest phase; however, the RSI indicator suggests weakness in the bullish momentum despite a strong follow-up candle. Key points The TRX...

May 04 2022

TRON Price Analysis: TRX Price Offer $0.75 Breakout, But Will It Sustain?

On May 4th, the TRON(TRX) price spiked as we neared the launch of the USDD stablecoin. The sudden price jump rechallenged the resistance trendline of the flag pattern, provoking a bullish breakout. However, the sellers aggressively defend this level, resulting in a long- wick rejection. Key points A Daily- candle closing above $0.78 is needed to...

Dec 08 2021

Tron Price Analysis: The TRX Coin Preparing For The Recovery Phase With Eyes On The $0.123 Mark

The second half of November month eliminated all the gains the TRX coin gathered during October. With this recent price fall, the coin lost around 33% and plunged to the previous higher low of $0.081. However, the coin price is trying to bounce back from this support, aiming at the overhead resistance of $0.123 Key The post Tron Price Analysis: The TRX Coin...

Nov 15 2021

Tron Price Analysis: TRX Coin Breaks Out From The Previous Swing High. Is This A Good Time To Buy?

The TRX/USD coin indicates an overall uptrend in its technical chart. The coin price has gained over 8% in an intraday session and has managed to break out from the crucial resistance of $0.12, projecting more potential for this coin. Key technical points: The 20-day EMA provides excellent dynamic support to the TRX price The The post Tron Price Analysis: TRX Coin Breaks...

Apr 14 2021

TRON (TRX) Price Analysis: TRX Breaks Bull Pennant & Shoots For $0.20

Apr 14 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

TRX price breaks out of week long bull pennant Bears defend $0.15 as key resistance 12 hr stochastic RSI Indicates there is more juice in the tank Tron (TRX)...

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