Tron price formed a solid support base near the $0.0224 level against the US Dollar.
TRX price gained traction recently and broke the $0.0255 and $0.0260 resistance levels.
There was a break above a major bearish trend line with resistance near $0.0254 on the 4-hours chart (data feed via Bitfinex).
The price could start a significant upward move if it breaks the $0.0260 and $0.0271 resistances.

SEC Postpones Decision on VanEck/SolidX Bitcoin ETF, Bitcoin Price Reacts Mildly
Tuesday May 21, 2019

Coinspeaker SEC Postpones Decision on VanEck/SolidX Bitcoin ETF, Bitcoin Price Reacts MildlyOn Monday, May 20, the U.S. Securities and Exchange Commission (SEC) postponed its decision on VanEck/SolidX Bitcoin ETF, filed earlier this year. The new deadline for the SEC to decide on this proposal on August 19, 2019.The Bitcoin ETF filed by VanEck/SolidX is a […]

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TRON price is showing positive signs against the US Dollar, while declining vs bitcoin. TRX could gain bullish momentum considering the current momentum in ETH, BTC and XRP.
Tron Price Analysis
This past week, there was a fresh decline in TRON price below $0.0240 against the US Dollar. The TRX/USD pair traded towards the $0.0224 level and later formed a strong support base. Finally, it started a decent upward move after bitcoin started a significant upward move. The bulls managed to push the price above the $0.0235 and $0.0240 resistance levels. There was even a close above $0.0240 and the 55 simple moving average (4-hours).
During the rise, there was a break above a major bearish trend line with resistance near $0.0254 on the 4-hours chart. The pair spiked above the $0.0260 level and traded as high as $0.0268. It is currently correcting lower below $0.0260, and the 23.6% Fibonacci retracement level of the last wave from the $0.0239 low to $0.0268 high. On the downside, there are many supports near the $0.0255 and $0.0250 levels. The 50% Fibonacci retracement level of the last wave from the $0.0239 low to $0.0268 high is also near $0.0254. Besides, the broken trend line is likely to act as a support near $0.0250.
On the upside, an initial resistance is near the $0.0265 level. A clear break above the recent high is likely to open the doors for more gains above the $0.0270 and $0.0280 levels. The main target for the bulls this week could be $0.0300 and $0.0305. On the downside, only a close below $0.0240 and 55 simple moving average (4-hours) might negate the current bullish view.

Florida House Passes Bill To Make Texting And Driving Primary Offense
Wednesday April 24, 2019

var pref_event_title_prefix = ‘AOL’; Floridian Drivers Can Get Pulled Over For Texting While Driving Time to put that phone down (although you really shouldn’t be texting and driving anyways). Despite concerns over increased racial profiling, law-enforcement officers may soon be able to pull over motorists they see texting and driving, under a measure approved Tuesday

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The chart indicates that TRX price clearly broke a few important resistances near $0.0250. Having said that, the price must gain momentum above $0.0265 to continue higher. If not, there is a risk of a fresh decline below the $0.0250 and $0.0240 support levels in the near term.
Technical Indicators
4 hours MACD – The MACD for TRX/USD is slowly gaining pace in the bullish zone.
4 hours RSI – The RSI for TRX/USD is currently correcting lower towards the 50 level, but it is likely to bounce back.
Key Support Levels – $0.0250 and $0.0240.
Key Resistance Levels – $0.0265, $0.0270 and $0.0280.
The post Tron (TRX) Price Likely Setting Up For Larger Rally To $0.0300 appeared first on Live Bitcoin News.

Shawna Andritch: 5 Fast Facts You Need to Know
Friday December 14, 2018

Shawna Andritch is a California woman facing a murder charge in the death of a baby girl found dead in a cardboard box in Corona, The Los Angeles Times reported. Police say Andritch, 22, gave birth to the girl and left her in the box near a freeway in July. Police arrested Andritch along with […]

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