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Tron Price Analysis: TRX Crypto Price Is Ready To Explode Beyond Its ATH

  • TRX coin price is currently observing a consolidation momentum in the daily chart and can soon see a new high. The asset price is down by more than 0.08% in the past 24 hours
  • Technical indicators of Tron suggest a strong upside trend in the future. In contrast, TRX/BTC pair is up by more than 1.5%

TRX crypto price is currently observing consolidation in the daily chart and can soon see a breakout in the future. Tron’s asset price has seen a gain of more than 0.3% in the intraday session and is trading near the value of $01084. Tron has an ROI of more than 4030% and has profited various people in the past. The asset price is currently seeing a strong upside trend and can soon see a new high.. One can forecast a strong upside trend in TRX and can see a new high.

Tron market dominance along with the market cap is currently at a halt and can soon see a new high. The volume of the coin can also see a strong surge in the future. The volume to market cap ratio of the asset hints towards a strong upside momentum in price. One can invest in Tron according to their needs and price capacity.

TRX Crypto Price Is Ready To See A Strong Upside Trend

Source: Trading view

The weekly technical chart of the Tron price suggests a strong upside trend in the price for the future. On coming to the daily chart, the asset price is looking to give a major breakout in the upcoming days. The upside trend of momentum can see a hostility near $0.2. The support region of the coin can be found near $0.95. If the asset price of the coin dumps to 15 to 20% below the current level then a strong bearish trend can be seen. TRX/BTC pair can also see a new high in the future.

Conclusion

TRON price is currently seeing a strong upside trend and can soon see a major breakout in the future. TRX/BTC pair can also see strong momentum in the future. One should do their due diligence before investing.

Technical Levels

Major Support: $0.05

Major Resistance: $0.2

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.