- O le tau o le Tron na amataina se faʻasaʻoga i lalo mai le $ 0.0550 faʻasaga i le US Dollar.
- TRX tau o loʻo fefaʻatauaʻi i lalo ifo o le $ 0.0535 ma le 55 faigofie feʻaveaʻi averesi (4-itula).
- There was a break above a declining channel with resistance near $0.0532 on the 4-hours chart (data feed via Kraken).
- O le paga e mafai ona faʻaauau pea ona agai i luga pe a malepe le $ 0.055 sone tetee.
O le tau o le TRON na amata ai se siitaga fou i luga aʻe o le $ 0.052 faʻasaga i le US Dollar, tutusa bitcoin. TRX tau e mafai ona siitia atili pe a faʻamalo le $0.055 tetee.
Tron Tau Iloiloga
This past month, tron price started a decent increase from the $0.045 zone against the US Dollar. TRX price formed a base above the $0.0450 level and started a fresh increase.
It traded above the $0.0500 and $0.0520 resistance levels to move into a positive zone. The price even moved above the 55 simple moving average (4-hours), but the bulls were active near the $0.055 zone. A high was formed near $0.0551 before there was a downside correction.
Sa i ai se suiga i lalo ole $0.0535 tulaga ma le 55 faigofie faigofie feololo (4-itula). The price declined below the 23.6% Fib retracement level of the upward move from the $0.0488 swing low to $0.055 high.
It is now trading below $0.0535 and the 55 simple moving average (4-hours). Besides, there was a break above a declining channel with resistance near $0.0532 on the 4-hours chart. On the upside, TRX is facing resistance near the $0.0535 level.
O le tetee tele muamua e latalata ile $0.055. Ole tapunia ile $0.055 e tatau mo se siitaga fou. I le tulaga o loʻo taʻua, o le tau e ono tulaʻi atu i le $ 0.0620 tetee i se taimi lata mai.
On the downside, an initial support is near the $0.0525 level. The next major support is now forming near $0.0520. It is near the 50% Fib retracement level of the upward move from the $0.0488 swing low to $0.055 high. If there is a downside break below the $0.0520 support, the price might revisit the $0.0500 support. Any more losses might call for a move towards the $0.0450 zone in the near term.
Tron (TRX) Tau
le siata indicates that TRX price is now trading below $0.0535 and the 55 simple moving average (4-hours). Overall, the price could continue to move up if it breaks the $0.055 resistance zone.
Faailoilo Technical
4 itula MACD - O le MACD mo le TRX / USD e faasolosolo lemu mauaina malosi i le bullish zone.
4 itula RSI - O le RSI mo TRX / USD o loʻo i luga aʻe o le 50 tulaga.
Lagolago Fesoasoani Lautele - $ 0.0520 ma le $ 0.0500.
Laasaga o le Resistance Taua - $ 0.0535, $ 0.055 ma le $ 0.0620.
Source: https://www.livebitcoinnews.com/tron-trx-price-analysis-key-support-intact-bulls-aim-fresh-increase/