CandleFocus TRON Continues To Rise And Remains Above $0.17
2024-11-16
Author: Content Editor
The TRON (TRX) price has maintained an uptrend and is trading above the moving average lines. The altcoin faced resistance at $0.17 and entered a sideways trend. However, on November 12, the bulls broke through the resistance and reached a high of $0.19. The price is currently trading above the $0.17 support and below the $0.19 resistance. If the current barrier is breached, TRON is predicted to reach a high of $0.20. The moving average lines are moving upwards, but extended candlestick wicks indicate strong selling pressure at the recent high. TRON is currently attempting to break the barrier at $0.19, but has experienced sharp rejections in the past. The article includes key resistance and support zones, and readers are advised to do their own research before investing.
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