The price of TRON (TRX) is currently correcting upwards above the $0.21 support after a recent drop. The price indicator had predicted a fall, but TRON is now rising and encountering resistance from the moving average lines. If TRON breaks above these lines, it could reach its previous high of $0.30. However, if it is rejected, it may trade above the $0.22 support. There are key resistance zones at $0.40, $0.45, and $0.50, and key support zones at $0.20, $0.15, and $0.10. Currently, TRON is approaching the next resistance level at $0.27 on the 4-hour chart, but the appearance of doji candlesticks has resulted in negligible price movement. This analysis is a personal opinion and readers should do their own research before investing.
Content Editor ( coinidol.com )
- 2025-01-23
TRON Faces The $0.25 Barrier And Corrects Upwards
