Tron price started a sharp downside correction from the $0.0331 high against the US Dollar.
TRX price found support near the $0.0245 level and it is currently moving higher towards $0.0300.
There is an ascending channel forming with support near the $0.0270 level on the 4-hours chart (data feed via Bitfinex).
The price remains well supported on the downside and it could soon climb above $0.0290 and $0.0300.
Senate Schedules July Crypto Hearing on Facebook’s Libra Coin
Thursday June 20, 2019
Coinspeaker Senate Schedules July Crypto Hearing on Facebook’s Libra CoinUS Senate Banking Committee announced they will be holding a hearing next month to question witnesses over Facebook’s new cryptocurrency initiative, Libra.The hearing, called “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations,” is set for July 16th, but the committee has yet to decide who […]
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TRON price is slowly gaining bullish momentum against the US Dollar, but struggling vs bitcoin. TRX could start a strong upward move if there is an upside break above $0.0300.
Tron Price Analysis
This past week, there was a strong rally in TRON price above the $0.0250 and $0.0280 resistances against the US Dollar. The TRX/USD pair even broke the $0.0300 level and settled above the 55 simple moving average (4-hours). Finally, there was a push above the $0.0320 level and the price traded to a new monthly high at $0.0331. Later, there was a sharp downside correction below the $0.0320 and $0.0300 levels. The price even declined below the $0.0280 level, but it found support near the 55 simple moving average (4-hours).
A swing low was formed at $0.0247 and the price is currently moving higher. It climbed above the $0.0265 level and the 23.6% Fibonacci retracement level of the last decline from the $0.0331 high to $0.0247 low. However, the $0.0285 and $0.0290 levels are currently acting as hurdles. The 50% Fibonacci retracement level of the last decline from the $0.0331 high to $0.0247 low is also acting as a resistance for the bulls. A clear break above the $0.0290 level is likely to open the doors for more gains in the near term.
On the downside, there are many supports near the $0.0270 and $0.0265 levels. There is also an ascending channel forming with support near the $0.0270 level on the 4-hours chart. A downside break below the $0.0265 support level may open the doors for more losses in the near term. The next key supports are near $0.0250 and $0.0245.
Crunky finished the €60k HU Soldier
Friday March 15, 2019
Marcus (or Crunky as he is known in the community) from Sweden finished his €60.000 Hu Soldier Coaching for Profits program. Congratulations! We had an interview with him to get to know him better and ask how was his experience in the program. Tell us a little about you. Where do you live and how
The chart indicates that TRX price is following a decent bullish path above the $0.0265 support. Therefore, there are chances of more gains above the $0.0290 and $0.0300 levels. The next main resistance is near the $0.0330 level, above which the price could trade towards the $0.0360 level.
4 hours MACD – The MACD for TRX/USD is slowly gaining momentum in the bullish zone, with positive signs.
4 hours RSI – The RSI for TRX/USD is currently above the 50 level, and it could continue to rise towards the 65 level.
Key Support Levels – $0.0265 and $0.0270.
Key Resistance Levels – $0.0290, $0.0300 and $0.0312.
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Tom Brady Again Touts His Methods, Insists He Feels ‘100 Percent’ Late In Season
Friday December 14, 2018
The TB12 Method is alive and well. Entering Week 15 of the NFL season, most players are understandably battling through various amounts of ailments, but not Tom Brady. The 41-year-old quarterback appeared on Westwood One Radio with Jim Grey on Thursday night and credited his workout routine for keeping him healthy, saying he feels “100 […]
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