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{"id":429659,"date":"2020-07-06T05:58:54","date_gmt":"2020-07-06T05:58:54","guid":{"rendered":"https:\/\/ktsl888.com\/?p=429659"},"modified":"2020-07-06T04:41:08","modified_gmt":"2020-07-06T04:41:08","slug":"tron-trx-price-fresh-rally-0-020","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/tron-trx-price-fresh-rally-0-020\/","title":{"rendered":"Tron (TRX) Price Jumps 5% And Showing Early Signs of A Fresh Rally"},"content":{"rendered":"

Tron price formed a strong support base above $0.0150 against the US Dollar. TRX is currently up over 5% and it seems like the bulls are aiming a larger rally in the near term.<\/em><\/p>\n

\n
Tron price is gaining traction and it is trading nicely above $0.0168 against the US dollar.<\/li>\n
The price traded to a new weekly high at $0.0177 and it is showing positive signs.<\/li>\n
There was a break above a connecting bearish trend line with resistance near $0.0168 on the 4-hours chart of the TRX\/USD pair (data source from Kraken).<\/li>\n
The pair is likely to continue higher towards $0.0188 or even $0.0200 as long as it is above $0.0165.<\/li>\n<\/ul>\n
Tron Price Could Rally To $0.020<\/h2>\n
After testing the $0.0150 support level, tron price started a fresh increase against the US Dollar. TRX broke a couple if important hurdles near $0.0160 to move into a positive zone.<\/p>\n
Besides, there was a close above the $0.0165 level and the 100 simple moving average (4-hours). Recently, it rallied over 5% and outpaced other major cryptocurrencies, including bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
During the rise, there was a break above a connecting bearish trend line with resistance near $0.0168 on the 4-hours chart of the TRX\/USD pair. The pair traded to a new weekly high at $0.0177 and it is showing positive signs.<\/p>\n
An initial support is near the $0.0173 level. It coincides with the 23.6% Fib retracement level of the recent upward move from the $0.0163 low to $0.0177 high. The first major support on the downside is near the $0.01705 and $0.01700 levels.<\/p>\n
$\"Tron$ <\/a><\/p>\n
TRX price breaks $0.0170. Source: TradingView.com<\/a><\/pre>\n
The 50% Fib retracement level of the recent upward move from the $0.0163 low to $0.0177 high might also provide support at $0.01700. On the upside, the first hurdle is near the $0.0178 and $0.0180 levels.<\/p>\n
A successful close above the $0.0180 resistance level could open the doors for a larger rally towards the $0.0188 level or even $0.0200 in the coming sessions.<\/p>\n
Dips Supported in TRX<\/h2>\n
If TRX price corrects lower, it is likely to remain supported near the $0.0170 level. The next major support is near the $0.0165 level (the recent breakout zone).<\/p>\n
Any further losses may perhaps put pressure on the bulls and the price could dive below $0.0162 and the 100 simple moving average (4-hours).<\/p>\n
Technical Indicators<\/p>\n
4-hours MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone.<\/p>\n
4-hours RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is rising and it is approaching the 75 level.<\/p>\n
Major Support Levels \u2013 $0.0170, $0.0165 and $0.0162.<\/p>\n
Major Resistance Levels \u2013 $0.0178, $0.0180 and $0.0200.<\/p>\n
Take advantage of the trading opportunities with Plus500<\/a><\/p>\n
Risk disclaimer: 76.4% of retail CFD accounts lose money.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tron price formed a strong support base above $0.0150 against the US Dollar. TRX is currently up over 5% and it seems like the bulls are aiming a larger rally in the near term. Tron price is gaining traction and it is trading nicely above $0.0168 against the US dollar. The price traded to a new weekly high at $0.0177 and it is showing positive signs. There was a break above a connecting bearish trend line with resistance near $0.0168 on the 4-hours chart of the TRX\/USD pair (data source from Kraken). The pair is likely to continue higher towards $0.0188 or even $0.0200 as long as it is above $0.0165. Tron Price Could Rally To $0.020 After testing the $0.0150 support level, tron price started a fresh increase against the US Dollar. TRX broke a couple if important hurdles near $0.0160 to move into a positive zone. Besides, there was a close above the $0.0165 level and the 100 simple moving average (4-hours). Recently, it rallied over 5% and outpaced other major cryptocurrencies, including bitcoin and Ethereum. During the rise, there was a break above a connecting bearish trend line with resistance near $0.0168 on the 4-hours chart of the TRX\/USD pair. The pair traded to a new weekly high at $0.0177 and it is showing positive signs. An initial support is near the $0.0173 level. It coincides with the 23.6% Fib retracement level of the recent upward move from the $0.0163 low to $0.0177 high. The first major support on the downside is near the $0.01705 and $0.01700 levels. TRX price breaks $0.0170. Source: TradingView.com The 50% Fib retracement level of the recent upward move from the $0.0163 low to $0.0177 high might also provide support at $0.01700. On the upside, the first hurdle is near the $0.0178 and $0.0180 levels. A successful close above the $0.0180 resistance level could open the doors for a larger rally towards the $0.0188 level or even $0.0200 in the coming sessions. Dips Supported in TRX If TRX price corrects lower, it is likely to remain supported near the $0.0170 level. The next major support is near the $0.0165 level (the recent breakout zone). Any further losses may perhaps put pressure on the bulls and the price could dive below $0.0162 and the 100 simple moving average (4-hours). Technical Indicators 4-hours MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone. 4-hours RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is rising and it is approaching the 75 level. Major Support Levels \u2013 $0.0170, $0.0165 and $0.0162. Major Resistance Levels \u2013 $0.0178, $0.0180 and $0.0200. Take advantage of the trading opportunities with Plus500 Risk disclaimer: 76.4% of retail CFD accounts lose money.<\/p>\n","protected":false},"author":67,"featured_media":429661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,4],"tags":[11808,14262,79579],"class_list":["post-429659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-analysis","tag-tron","tag-trxusd","tag-trxusdt"],"acf":[],"yoast_head":"\nTron (TRX) Price Jumps 5% And Showing Early Signs of A Fresh Rally<\/title>\n<meta name=\"description\" content=\"Tron price formed a strong support base above $0.0150 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/ktsl888.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Tron (TRX) Price Jumps 5% And Showing Early Signs of A Fresh Rally","url":"http:\/\/ktsl888.com\/news\/tron-trx-price-fresh-rally-0-020\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/tron-trx-price-fresh-rally-0-020\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/07\/shutterstock_428785342.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/07\/shutterstock_428785342.jpg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["tron","trxusd","trxusdt"],"dateCreated":"2020-07-06T05:58:54Z","datePublished":"2020-07-06T05:58:54Z","dateModified":"2020-07-06T05:58:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Tron (TRX) Price Jumps 5% And Showing Early Signs of A Fresh Rally\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/tron-trx-price-fresh-rally-0-020\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/tron-trx-price-fresh-rally-0-020\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/shutterstock_428785342.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/shutterstock_428785342.jpg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"tron\",\"trxusd\",\"trxusdt\"],\"dateCreated\":\"2020-07-06T05:58:54Z\",\"datePublished\":\"2020-07-06T05:58:54Z\",\"dateModified\":\"2020-07-06T05:58:54Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/07\/shutterstock_428785342.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/429659"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=429659"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/429659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/429661"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=429659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=429659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=429659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}