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The Tron price forecast shows that TRX is poised to resume its bullish trend after trading near its 9-day moving average.
Tron Prediction Statistics Data:
- Tron price now – $0.059
- Tron’s market value is $5.5 billion
- Tron circulation supply – 92.3 billion
- Total supply of Tron – 92.3 billion
- Tron Coinmarketcap Rank – #15
TRX/USD market
Key steps:
Resistance levels: $0.065, $0.067, $0.069
Support levels: $0.055, $0.053, $0.051
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TRX/USD returns to the ground to touch the daily high at $0.060 during the European session today. The price of Tron is currently at $0.059 and changes in the hands of recovery; The coin is now looking higher aiming to cross above the 9-day moving average.
Will Tron price move higher as Tamadoge trades bullish?
The price of Tron is moving towards the $0.065 resistance level and the first move above the 21-day moving average could push the price higher. However, Tron (TRX) will head higher before retreating to where it is currently trading. Looking at the coin from the upside, more bearish moves could come into play if Tron price goes above the 21-day MA, with the nearest resistance level at $0.060.
Meanwhile, traders can see that the daily movement is in the hands of the bulls as the technical indicator Relative Strength Index (14) moves to cross above the 40-level. Meanwhile, a break above the $0.063 level could push the coin towards the $0.065, $0.067 and $0.069 resistance levels, while a drop below the lower boundary of the channel could bring in the $0.055, $0.053 and $0.051 support.
On Bitcoin, the price of Tron has seen a slight dip towards the 9-day and 21-day moving averages. After touching the daily high of 322 SAT today, the coin later fell to 310 SAT. Meanwhile, the price may follow the upward movement as buyers are ready to put pressure on the market.
Additionally, if the sellers return to the market, the price of Tron may drop to support of 290 SAT and below. Currently, the relative strength of the technical indicator (14) moves to cross above the 40-level because the market is ready to face the upward movement in the next positive direction, and the resistance level can be at 350 sat and above.
Tamadoge, an ERC-20 token, will also have an initial DEX offering (IDO) on Uniswap. TAMA is set to list at $0.03. As the Tamadog presale sold out more than expected, the team is said to be moving forward with all details of the TAMA crypto exchange in the coming days.
Tamadoge – Meme Play to earn coins
- Get TAMA in battles with Doge’s pets
- Sealed Supply of 2 Billion, Token Burn
- Presale collected 19 million dollars in two months
- Upcoming ICO by LBank, Uniswap
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