Tron Price Prediction: TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

Sep 29, 2023 06:00 am Cryptocurrency 71

Tron price is gaining pace above $0.0850 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.092.

Tron is moving higher above the $0.0850 resistance level against the US dollar.

The price is trading above $0.0862 and the 100 simple moving average (4 hours).

There is a major bullish trend line forming with support near $0.0855 on the 4-hour chart of the TRX/USD pair (data source from Kraken).

The pair could continue to climb higher toward $0.092 or even $0.095.

Tron Price Regains Strength

In the last Tron price analysis, we discussed the chances of more gains in TRX against the US Dollar. TRX remained stable, outperformed Bitcoin, and traded above the $0.082 resistance level.

The bulls were able to pump the price above the $0.0825 and $0.0850 resistance levels. A high was formed near $0.0879 and the price is currently consolidating gains. The current price action suggests that the price could climb further ..

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