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{"id":576100,"date":"2024-02-21T04:58:38","date_gmt":"2024-02-21T04:58:38","guid":{"rendered":"https:\/\/ktsl888.com\/?p=576100"},"modified":"2024-06-11T12:51:13","modified_gmt":"2024-06-11T12:51:13","slug":"tron-price-prediction-trx-grinds-higher-0-18","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/tron-trx\/tron-price-prediction-trx-grinds-higher-0-18\/","title":{"rendered":"Tron Price Prediction: TRX Silently Grinds Higher, $0.18 Next?"},"content":{"rendered":"

Tron price is gaining pace above the $0.120 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.140.<\/em><\/p>\n

\n
Tron is moving higher above the $0.122 resistance level against the US dollar.<\/li>\n
The price is trading above $0.1350 and the 100 simple moving average (4 hours).<\/li>\n
There is a key bullish trend line forming with support at $0.1382 on the 4-hour chart of the TRX\/USD pair (data source from Kraken).<\/li>\n
The pair could continue to climb higher toward $0.165 or even $0.180.<\/li>\n<\/ul>\n
Tron Price Regains Strength<\/h2>\n
Recently, Bitcoin<\/a> and Ethereum<\/a> saw a decent increase and moved into a positive zone. Tron price also remained well-bid and it slowly moved higher above the $0.120 resistance zone.<\/p>\n
There was a steady increase above the $0.128 and $0.132 resistance levels. Finally, TRX traded to a new multi-week high at $0.1400 and is currently consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $0.1309 swing low to the $0.1400 high.<\/p>\n
Tron price is now trading above $0.1350 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $0.1382 on the 4-hour chart of the TRX\/USD pair.<\/p>\n
$\"Tron$ <\/a><\/p>\n
Source: TRXUSD on TradingView.com<\/a><\/p>\n
On the upside, an initial resistance is near the $0.1400 level. The first major resistance is near $0.1420, above which the price could accelerate higher. The next resistance is near $0.1650. A close above the $0.1650 resistance might send TRX further higher toward $0.1720. The next major resistance is near the $0.180 level, above which the bulls are likely to aim for a larger increase toward $0.20.<\/p>\n
Are Dips Supported in TRX?<\/h2>\n
If TRX price fails to clear the $0.140 resistance, it could start a downside correction. Initial support on the downside is near the $0.1380 zone and the trend line.<\/p>\n
The first major support is near the $0.1350 level or the 50% Fib retracement level of the upward move from the $0.1309 swing low to the $0.1400 high, below which it could test $0.1320. Any more losses might send Tron toward the $0.1250 support in the coming sessions.<\/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 $0.1380, $0.1350, and $0.1320.<\/p>\n
Major Resistance Levels \u2013 $0.140, $0.1650, and $0.180.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tron price is gaining pace above the $0.120 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.140. Tron is moving higher above the $0.122 resistance level against the US dollar. The price is trading above $0.1350 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1382 on the 4-hour chart of the TRX\/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.165 or even $0.180. Tron Price Regains Strength Recently, Bitcoin and Ethereum saw a decent increase and moved into a positive zone. Tron price also remained well-bid and it slowly moved higher above the $0.120 resistance zone. There was a steady increase above the $0.128 and $0.132 resistance levels. Finally, TRX traded to a new multi-week high at $0.1400 and is currently consolidating gains. It is trading above the 23.6% Fib retracement level of the upward move from the $0.1309 swing low to the $0.1400 high. Tron price is now trading above $0.1350 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $0.1382 on the 4-hour chart of the TRX\/USD pair. Source: TRXUSD on TradingView.com On the upside, an initial resistance is near the $0.1400 level. The first major resistance is near $0.1420, above which the price could accelerate higher. The next resistance is near $0.1650. A close above the $0.1650 resistance might send TRX further higher toward $0.1720. The next major resistance is near the $0.180 level, above which the bulls are likely to aim for a larger increase toward $0.20. Are Dips Supported in TRX? If TRX price fails to clear the $0.140 resistance, it could start a downside correction. Initial support on the downside is near the $0.1380 zone and the trend line. The first major support is near the $0.1350 level or the 50% Fib retracement level of the upward move from the $0.1309 swing low to the $0.1400 high, below which it could test $0.1320. Any more losses might send Tron toward the $0.1250 support in the coming sessions. 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 $0.1380, $0.1350, and $0.1320. Major Resistance Levels \u2013 $0.140, $0.1650, and $0.180.<\/p>\n","protected":false},"author":67,"featured_media":576102,"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":[14463,11993,16505,87822],"class_list":["post-576100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tron-trx","tag-tron-price","tag-trx","tag-trx-usd","tag-trx-usdt"],"acf":[],"yoast_head":"\nTron Price Prediction: TRX Silently Grinds Higher, $0.18 Next?<\/title>\n<meta name=\"description\" content=\"Tron price is gaining pace above the $0.120 resistance against the US Dollar. 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