The price of TRON (TRX) has reached a new milestone of $0.18 on April 12, 2021. Despite facing rejection at its recent high and falling below the $0.20 level, the altcoin is still trading above the moving average lines. The moving average lines are sloping upwards, indicating an uptrend, but on the 4-hour chart, the altcoin is moving sideways. To continue its rise, TRON needs to stay above the moving average lines. Key resistance zones for TRON are at $0.20, $0.22, and $0.24, while key support zones are at $0.16, $0.14, and $0.12. This analysis is the personal opinion of the author and not a recommendation for investment.



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