{"id":612167,"date":"2024-06-10T05:38:17","date_gmt":"2024-06-10T05:38:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=612167"},"modified":"2024-06-11T12:45:10","modified_gmt":"2024-06-11T12:45:10","slug":"tron-price-trx-surges-ahead-leading-the-altcoins-pack","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/tron-trx\/tron-price-trx-surges-ahead-leading-the-altcoins-pack\/","title":{"rendered":"Tron Price (TRX) Surges Ahead: Leading the Altcoins Pack"},"content":{"rendered":"<p><em>Tron price is gaining pace above the $0.1150 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1180.<\/em><\/p>\n<ul>\n<li>Tron is moving higher above the $0.1150 resistance level against the US dollar.<\/li>\n<li>The price is trading above $0.1155 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bullish trend line forming with support at $0.1160 on the hourly chart of the TRX\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to climb higher toward $0.1200 or even $0.1220.<\/li>\n<\/ul>\n<h2>Tron Price Regains Strength<\/h2>\n<p>Recently, Bitcoin and Ethereum saw a fresh decline below $68,500 and $3,750 respectively. However, Tron price remained stable above the $0.1120 support and even climbed higher.<\/p>\n<p>There was a decent move above the $0.1150 resistance zone. TRX price cleared many hurdles and gained over 3%. There was a move above the $0.1165 level. A high is formed at $0.1170 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1102 swing low to the $0.1170 high.<\/p>\n<p>Tron price is now trading above $0.1160 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.1160 on the hourly chart of the TRX\/USD pair.<\/p>\n<figure id=\"attachment_612168\" aria-describedby=\"caption-attachment-612168\" style=\"width: 1024px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-612168 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?resize=1024%2C461\" alt=\"Tron Price (TRX) \" width=\"1024\" height=\"461\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=1835 1835w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=1536 1536w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-612168\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/TRXUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">TRXUSD on TradingView.com<\/a><\/figcaption><\/figure>\n<p>On the upside, an initial resistance is near the $0.1170 level. The first major resistance is near $0.1180, above which the price could accelerate higher. The next resistance is near $0.1200. A close above the $0.1200 resistance might send TRX further higher toward $0.1225. The next major resistance is near the $0.1320 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 $0.1200 resistance, it could start a downside correction. Initial support on the downside is near the $0.1160 zone.<\/p>\n<p>The first major support is near the $0.1150 level or the 100 simple moving average (4 hours), below which it could test $0.1140. Any more losses might send Tron toward the $0.1136 support in the coming sessions.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.1160, $0.1150, and $0.1136.<\/p>\n<p>Major Resistance Levels \u2013 $0.1180, $0.1200, and $0.1220.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tron price is gaining pace above the $0.1150 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1180. Tron is moving higher above the $0.1150 resistance level against the US dollar. The price is trading above $0.1155 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.1160 on the hourly chart of the TRX\/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1200 or even $0.1220. Tron Price Regains Strength Recently, Bitcoin and Ethereum saw a fresh decline below $68,500 and $3,750 respectively. However, Tron price remained stable above the $0.1120 support and even climbed higher. There was a decent move above the $0.1150 resistance zone. TRX price cleared many hurdles and gained over 3%. There was a move above the $0.1165 level. A high is formed at $0.1170 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1102 swing low to the $0.1170 high. Tron price is now trading above $0.1160 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.1160 on the hourly chart of the TRX\/USD pair. On the upside, an initial resistance is near the $0.1170 level. The first major resistance is near $0.1180, above which the price could accelerate higher. The next resistance is near $0.1200. A close above the $0.1200 resistance might send TRX further higher toward $0.1225. The next major resistance is near the $0.1320 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 $0.1200 resistance, it could start a downside correction. Initial support on the downside is near the $0.1160 zone. The first major support is near the $0.1150 level or the 100 simple moving average (4 hours), below which it could test $0.1140. Any more losses might send Tron toward the $0.1136 support in the coming sessions. Technical Indicators Hourly MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level. Major Support Levels \u2013 $0.1160, $0.1150, and $0.1136. Major Resistance Levels \u2013 $0.1180, $0.1200, and $0.1220.<\/p>\n","protected":false},"author":67,"featured_media":612169,"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-612167","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 (TRX) Surges Ahead: Leading the Altcoins Pack<\/title>\n<meta name=\"description\" content=\"Tron price is gaining pace above the $0.1150 resistance against the US Dollar. 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