19.7 C
Manchester
May 27, 2019
Image default
tron

TRON: Price Analysis, Nov. 23

TRX/USD

TRON has broken down of the range it had been trading in since Aug. 8, which is a negative sign. It has resumed its downtrend that can push prices to the next support at $0.00844479 if the support at $0.01587681 breaks down.




TRX/USD




The RSI is deep in the oversold territory, which can result in a pullback. But with the 20-day EMA sloping down, the TRX/USD pair will face stiff resistance at $0.0183 and above at the moving averages. Our bearish view will be negated if the bulls quickly reverse prices within the next couple of days and sustain above $0.0183.

Related posts

Tron Gets Five Fiat Pairs Amid 260% Volume Boost; TRX Price Waiting to Move

admin

400,000 TRX Bonus Announced by Huobi Wallet for Storing Tron

admin

Tron Dapps Achieve a New Landmark as It Races Ahead Beyond ETH and EOS

admin

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More