Tron bulls are intentional about holding the price above $0.0150. The descending trendline resistance must come down for Tron to quickly focus on breaking the $0.02 hurdle. Tron is nurturing an upward momentum, unlike the majority of the cryptoassets whose bullish camps have decided to schedule an early holiday. Following the support at $0.0130, recovery zoomed above the initial resistance at $0.0140 before breaking through $0.0150. The price stepped above the 50 SMA on the 4-hour chart but left $0.0160 untested and unconquered. In spite of the snag prematurely stopping the upward correction, TRX has been able to hold on to the 7% gains in the last 24 hours. The cryptoasset is valued at $0.0152 amid a relatively bullish momentum. The RSI is gradually treading towards 70 after escaping the oversold on Monday. If the slope upwards is sustained, buyers will continue to increase entries and spur growth towards $0.02. The MACD doubles-down on the improving technical picture with a visible bullish cross in addition to almost crossing into the positive territory. Also limiting correction to $0.02 is the 100 SMA currently at $0.0171 and the descending trendline resistance. TRX/USD 4-hour FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next S&P: Substantial fiscal spending could place Australia’s AAA rating under pressure FX Street 3 years Tron bulls are intentional about holding the price above $0.0150. The descending trendline resistance must come down for Tron to quickly focus on breaking the $0.02 hurdle. Tron is nurturing an upward momentum, unlike the majority of the cryptoassets whose bullish camps have decided to schedule an early holiday. Following the support at $0.0130, recovery zoomed above the initial resistance at $0.0140 before breaking through $0.0150. The price stepped above the 50 SMA on the 4-hour chart but left $0.0160 untested and unconquered. In spite of the snag prematurely stopping the upward correction, TRX has been able to hold on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
