TRON’s coin returned to the area above the broken support area. TRX/USD is vulnerable to further losses if the recovery fails to gain traction. At the time of writing, TRX/USD is changing hands at $0.0145. The coin has lost 2.3$ of its value on a day-to-day basis and stayed mostly unchanged since the beginning of Thursday. Currently, TRON takes the 11th place in the global cryptocurrency market rating. The total market value of Tron is registered at $969 million; an average daily trading volume stays at $761 million. TRX/USD, the technical picture TRX/USD hit the bottom at $0.0137 on Wednesday and has been recovering slowly ever since. Looking technically, the price regained ground above $0.0141 support created by the lower line of four-hour Bollinger Band; however, we need to see a sustainable move above $0.0152 for the upside to gain traction. This resistance area is created by a confluence of SMA50 (Simple Moving Average) and SMA200 on the four-hour chart. Also, the middle line of the four-hour Bollinger Band at $0.0151 creates an additional barrier for TRX bulls. On the downside, the above-mentioned support created by the lower line of four-hour Bollinger Band at $0.0141 is followed by a psychological $0.0140. Once it is out of the way, the sell-off is likely to continue towards $0.0139 strengthened by the lower line of one-hour Bollinger Band. The next support awaits us on approach to the recent low of $0.0137. TRX/USD, the four-hour chart 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 US: Harder for the jobless rate to decline much further – NBF FX Street 3 years TRON's coin returned to the area above the broken support area. TRX/USD is vulnerable to further losses if the recovery fails to gain traction. At the time of writing, TRX/USD is changing hands at $0.0145. The coin has lost 2.3$ of its value on a day-to-day basis and stayed mostly unchanged since the beginning of Thursday. Currently, TRON takes the 11th place in the global cryptocurrency market rating. The total market value of Tron is registered at $969 million; an average daily trading volume stays at $761 million. TRX/USD, the technical picture TRX/USD hit the bottom at $0.0137 on Wednesday… 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.