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{"id":550471,"date":"2023-09-08T04:48:14","date_gmt":"2023-09-08T04:48:14","guid":{"rendered":"https:\/\/ktsl888.com\/?p=550471"},"modified":"2024-06-11T14:29:05","modified_gmt":"2024-06-11T14:29:05","slug":"tron-price-prediction-trx-regains-strength-0-10","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/tron-trx\/tron-price-prediction-trx-regains-strength-0-10\/","title":{"rendered":"Tron Price Prediction: TRX Regains Strength As The Bulls Aim $0.10"},"content":{"rendered":"

Tron price is gaining pace above $0.0780 against the US Dollar. TRX is outperforming Bitcoin and could rally further above the $0.0800 resistance.<\/em><\/p>\n

\n
Tron is moving higher above the $0.0750 pivot level against the US dollar.<\/li>\n
The price is trading above $0.078 and the 100 simple moving average (4 hours).<\/li>\n
There was a break above a major contracting triangle with resistance near $0.0770 on the 4-hour chart of the TRX\/USD pair (data source from Kraken).<\/li>\n
The pair could continue to climb higher toward $0.088 or even $0.10.<\/li>\n<\/ul>\n
Tron Price Breaks Higher<\/h2>\n
In the last Tron price prediction<\/a>, we discussed the chances of an upside break against the US Dollar. TRX remained well-bid and stable above the $0.0750 level.<\/p>\n
It started a decent increase and broke a few key hurdles near $0.0775, outperforming Bitcoin<\/a>. There was a break above a major contracting triangle with resistance near $0.0770 on the 4-hour chart of the TRX\/USD pair. The pair even cleared the $0.0785 level.<\/p>\n
A high is formed near $0.0793 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.0751 swing low to the $0.0793 high.<\/p>\n
TRX is trading above $0.078 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.0795 level. The first major resistance is near $0.080, above which the price could accelerate higher. The next resistance is near $0.088.<\/p>\n
$\"Tron$ <\/p>\n
Source: TRXUSD on TradingView.com<\/a><\/p>\n
A close above the $0.0880 resistance might send TRX further higher. The next major resistance is near the $0.095 level, above which the bulls are likely to aim a larger increase toward the key $0.10 zone in the coming days.<\/p>\n
Are Dips Limited in TRX?<\/h2>\n
If TRX price fails to clear the $0.080 resistance, it could start a downside correction. Initial support on the downside is near the $0.0780 zone.<\/p>\n
The first major support is near the $0.0770 level or the 50% Fib retracement level of the upward move from the $0.0751 swing low to the $0.0793 high, below which the price could accelerate lower. The next major support is $0.0750.<\/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 $0.0780, $0.0770, and $0.0750.<\/p>\n
Major Resistance Levels \u2013 $0.080, $0.0880, and $0.100.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tron price is gaining pace above $0.0780 against the US Dollar. TRX is outperforming Bitcoin and could rally further above the $0.0800 resistance. Tron is moving higher above the $0.0750 pivot level against the US dollar. The price is trading above $0.078 and the 100 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $0.0770 on the 4-hour chart of the TRX\/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.088 or even $0.10. Tron Price Breaks Higher In the last Tron price prediction, we discussed the chances of an upside break against the US Dollar. TRX remained well-bid and stable above the $0.0750 level. It started a decent increase and broke a few key hurdles near $0.0775, outperforming Bitcoin. There was a break above a major contracting triangle with resistance near $0.0770 on the 4-hour chart of the TRX\/USD pair. The pair even cleared the $0.0785 level. A high is formed near $0.0793 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.0751 swing low to the $0.0793 high. TRX is trading above $0.078 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.0795 level. The first major resistance is near $0.080, above which the price could accelerate higher. The next resistance is near $0.088. Source: TRXUSD on TradingView.com A close above the $0.0880 resistance might send TRX further higher. The next major resistance is near the $0.095 level, above which the bulls are likely to aim a larger increase toward the key $0.10 zone in the coming days. Are Dips Limited in TRX? If TRX price fails to clear the $0.080 resistance, it could start a downside correction. Initial support on the downside is near the $0.0780 zone. The first major support is near the $0.0770 level or the 50% Fib retracement level of the upward move from the $0.0751 swing low to the $0.0793 high, below which the price could accelerate lower. The next major support is $0.0750. 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 $0.0780, $0.0770, and $0.0750. Major Resistance Levels \u2013 $0.080, $0.0880, and $0.100.<\/p>\n","protected":false},"author":67,"featured_media":380833,"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-550471","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 Regains Strength As The Bulls Aim $0.10<\/title>\n<meta name=\"description\" content=\"Tron price is gaining pace above $0.0780 against the US Dollar. 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