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{"id":539841,"date":"2023-06-27T04:08:05","date_gmt":"2023-06-27T04:08:05","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=539841"},"modified":"2024-06-11T12:46:23","modified_gmt":"2024-06-11T12:46:23","slug":"tron-price-prediction-trx-revisit-0-085","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/tron-trx\/tron-price-prediction-trx-revisit-0-085\/","title":{"rendered":"Tron Price Prediction: TRX Could Surge And Revisit $0.085"},"content":{"rendered":"

Tron price is up over 5% and gaining pace above $0.0725 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.0850.<\/em><\/p>\n

\n
Tron is slowly moving higher above $0.0720 pivot level against the US dollar.<\/li>\n
The price is trading above $0.072 and the 100 simple moving average (4 hours).<\/li>\n
There was a break above a key bearish trend line with resistance near $0.0735 on the 4-hour chart of the TRX\/USD pair (data source from Kraken).<\/li>\n
The pair is likely to continue higher if it clears the $0.0750 resistance level.<\/li>\n<\/ul>\n
Tron Price Jumps 5%<\/h2>\n
In the past few days, Tron\u2019s price saw a decent increase above the $0.0675 level against the US Dollar, similar to Bitcoin<\/a> and Ethereum<\/a>. TRX climbed above the $0.070 resistance and the 100 simple moving average (4 hours).<\/p>\n
There was a clear move above the 23.6% Fib retracement level of the key decline from the $0.0849 swing high to the $0.0646 low. Besides, there was a break above a key bearish trend line with resistance near $0.0735 on the 4-hour chart of the TRX\/USD pair.<\/p>\n
TRON price is now trading above $0.072 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.0750 zone. It is close to the 50% Fib retracement level of the key decline from the $0.0849 swing high to the $0.0646 low.<\/p>\n
$\"Tron$
Tron Price Prediction<\/figcaption><\/figure>\n
Source: TRXUSD on TradingView.com<\/a><\/p>\n
A close above the $0.0750 resistance might send TRX further higher. The next major resistance is near the $0.0800 level, above which the bulls are likely to aim a larger increase toward the key $0.0850 zone in the coming days. Any more gains could set the pace for a move toward the $0.088 level.<\/p>\n
Are Dips Supported in TRX?<\/h2>\n
If TRX price fails to clear the $0.0750 resistance, it could correct lower. Initial support on the downside is near the $0.0730 zone and the trend line.<\/p>\n
The next major support is near the $0.0715 level or the 100 simple moving average (4 hours). The main support is $0.0690, below which there is a risk of a move toward the $0.0650 support.<\/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 currently above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.0732, $0.0715, and $0.0690.<\/p>\n
Major Resistance Levels \u2013 $0.0750, $0.080, and $0.085.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tron price is up over 5% and gaining pace above $0.0725 against the US Dollar. TRX is outperforming Bitcoin and could rise further toward $0.0850. Tron is slowly moving higher above $0.0720 pivot level against the US dollar. The price is trading above $0.072 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0735 on the 4-hour chart of the TRX\/USD pair (data source from Kraken). The pair is likely to continue higher if it clears the $0.0750 resistance level. Tron Price Jumps 5% In the past few days, Tron\u2019s price saw a decent increase above the $0.0675 level against the US Dollar, similar to Bitcoin and Ethereum. TRX climbed above the $0.070 resistance and the 100 simple moving average (4 hours). There was a clear move above the 23.6% Fib retracement level of the key decline from the $0.0849 swing high to the $0.0646 low. Besides, there was a break above a key bearish trend line with resistance near $0.0735 on the 4-hour chart of the TRX\/USD pair. TRON price is now trading above $0.072 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.0750 zone. It is close to the 50% Fib retracement level of the key decline from the $0.0849 swing high to the $0.0646 low. Source: TRXUSD on TradingView.com A close above the $0.0750 resistance might send TRX further higher. The next major resistance is near the $0.0800 level, above which the bulls are likely to aim a larger increase toward the key $0.0850 zone in the coming days. Any more gains could set the pace for a move toward the $0.088 level. Are Dips Supported in TRX? If TRX price fails to clear the $0.0750 resistance, it could correct lower. Initial support on the downside is near the $0.0730 zone and the trend line. The next major support is near the $0.0715 level or the 100 simple moving average (4 hours). The main support is $0.0690, below which there is a risk of a move toward the $0.0650 support. 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 currently above the 50 level. Major Support Levels \u2013 $0.0732, $0.0715, and $0.0690. Major Resistance Levels \u2013 $0.0750, $0.080, and $0.085.<\/p>\n","protected":false},"author":67,"featured_media":435191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83383],"tags":[11808,14463,87837,79513,87838,16505,87822,14262],"class_list":["post-539841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tron-trx","tag-tron","tag-tron-price","tag-tron-trx-analysis","tag-trx-btc","tag-trx-price-prediction","tag-trx-usd","tag-trx-usdt","tag-trxusd"],"acf":[],"yoast_head":"\nTron Price Prediction: TRX Could Surge And Revisit $0.085<\/title>\n<meta name=\"description\" content=\"Tron price is up over 5% and gaining pace above $0.0725 against the US Dollar. 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