{"id":607143,"date":"2024-05-09T05:35:20","date_gmt":"2024-05-09T05:35:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=607143"},"modified":"2024-06-11T14:45:38","modified_gmt":"2024-06-11T14:45:38","slug":"tron-price-prediction-trx-0-132","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/tron-trx\/tron-price-prediction-trx-0-132\/","title":{"rendered":"Tron Price Prediction: TRX Outperforms Bitcoin, Can It Hit $0.132?"},"content":{"rendered":"<p><em>Tron price is gaining pace above the $0.1220 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1250.<\/em><\/p>\n<ul>\n<li>Tron is moving higher above the $0.120 resistance level against the US dollar.<\/li>\n<li>The price is trading above $0.1220 and the 100 simple moving average (4 hours).<\/li>\n<li>There was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to climb higher toward $0.1275 or even $0.1320.<\/li>\n<\/ul>\n<h2>Tron Price Regains Strength<\/h2>\n<p>Recently, <a href=\"https:\/\/ktsl888.com\/analysis\/btc\/bitcoin-bears-pushing-60k\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a> and <a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-support-2940\/\" target=\"_blank\" rel=\"noopener \">Ethereum<\/a> saw a fresh decline below $63,500 and $3,100 respectively. However, Tron price remained stable above the $0.1180 support and even climbed higher.<\/p>\n<p>There was a decent move above the $0.120 resistance zone. TRX price cleared the 50% Fib retracement level of the downward move from the $0.1239 swing high to the $0.1181 low. Besides, there was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair.<\/p>\n<p>Tron price is now trading above $0.1220 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.1250 level.<\/p>\n<p><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-607144\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?resize=1024%2C461\" alt=\"Tron Price Prediction\" width=\"1024\" height=\"461\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/05\/Tron-TRX.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><\/p>\n<p>Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/TRXUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">TRXUSD on TradingView.com<\/a><\/p>\n<p>The first major resistance is near $0.1275 or the 1.618 Fib extension level of the downward move from the $0.1239 swing high to the $0.1181 low, above which the price could accelerate higher. The next resistance is near $0.1320. A close above the $0.1320 resistance might send TRX further higher toward $0.1365. The next major resistance is near the $0.140 level, above which the bulls are likely to aim for a larger increase toward $0.150.<\/p>\n<h2>Are Dips Supported in TRX?<\/h2>\n<p>If TRX price fails to clear the $0.1250 resistance, it could start a downside correction. Initial support on the downside is near the $0.1220 zone.<\/p>\n<p>The first major support is near the $0.1195 level or the 100 simple moving average (4 hours), below which it could test $0.1180. Any more losses might send Tron toward the $0.1150 support in the coming sessions.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 hours MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone.<\/p>\n<p>4 hours RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.1220, $0.1195, and $0.1180.<\/p>\n<p>Major Resistance Levels \u2013 $0.1250, $0.1275, and $0.1320.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tron price is gaining pace above the $0.1220 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1250. Tron is moving higher above the $0.120 resistance level against the US dollar. The price is trading above $0.1220 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1275 or even $0.1320. Tron Price Regains Strength Recently, Bitcoin and Ethereum saw a fresh decline below $63,500 and $3,100 respectively. However, Tron price remained stable above the $0.1180 support and even climbed higher. There was a decent move above the $0.120 resistance zone. TRX price cleared the 50% Fib retracement level of the downward move from the $0.1239 swing high to the $0.1181 low. Besides, there was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair. Tron price is now trading above $0.1220 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.1250 level. Source: TRXUSD on TradingView.com The first major resistance is near $0.1275 or the 1.618 Fib extension level of the downward move from the $0.1239 swing high to the $0.1181 low, above which the price could accelerate higher. The next resistance is near $0.1320. A close above the $0.1320 resistance might send TRX further higher toward $0.1365. The next major resistance is near the $0.140 level, above which the bulls are likely to aim for a larger increase toward $0.150. Are Dips Supported in TRX? If TRX price fails to clear the $0.1250 resistance, it could start a downside correction. Initial support on the downside is near the $0.1220 zone. The first major support is near the $0.1195 level or the 100 simple moving average (4 hours), below which it could test $0.1180. Any more losses might send Tron toward the $0.1150 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 $0.1220, $0.1195, and $0.1180. Major Resistance Levels \u2013 $0.1250, $0.1275, and $0.1320.<\/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":[14463,11993,16505,87822],"class_list":["post-607143","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":"\n<title>Tron Price Prediction: TRX Outperforms Bitcoin, Can It Hit $0.132?<\/title>\n<meta name=\"description\" content=\"Tron price is gaining pace above the $0.1220 resistance against the US Dollar. 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