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.

Bobby Lee: $1 Million for BTC in Nine Years?
Tuesday November 12, 2019

Bitcoin price predictions are running rampant throughout the space, and the latest is coming from Bobby Lee, the co-founder of Chinese bitcoin exchange BTCC. Lee: Bitcoin Is About to Go Up, Up, Up To be clear, Lee is making a few predictions. His first could potentially give John McAfee a run for his money and […]

The post Bobby Lee: $1 Million for BTC in Nine Years? appeared first on 12bit trade.

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.


Thursday January 01, 1970

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.
Technical Indicators
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.
The post Tron (TRX) Price Positioning For Bullish Break Above $0.0300 appeared first on Live Bitcoin News.

Jabari Parker Trade Rumors: Multiple Teams In Talks With Chicago Bulls
Friday December 14, 2018

It appears Jabari Parker’s stay with his hometown Chicago Bulls will be a short one. On Friday, the Chicago Tribune’s KC Johnson reported the Bulls were engaged in talks with multiple teams interested in acquiring the 23-year-old. Parker has apparently fallen out of favor with new head coach Jim Boylen who reportedly removed him from […]

The post Jabari Parker Trade Rumors: Multiple Teams In Talks With Chicago Bulls appeared first on 12bet - Bet365.