TRON’s TRX has stuck in a tight range. The recovery is limited by the psychological $2.0. TRX/USD, the 11th largest digital asset, has gained 1.2% in recent 24 hours to trade at $0.0193 at the time of writing. The coin has been range-bound recently as the recovery is capped by a psychological $0.0200. The recently announced news that the coin is added to Poloniex failed to provide a boost for TRX. Read also: TRON to be listed on Poloniex, TRX/USD stops within a whisker of $0.02 TRX/USD, the technical picture On the daily chart, psychological $0.0200 strengthened by SMA100 (Simple Moving Average) 4-hour creates a formidable resistance for TRX/USD. The coin attempted to clear the resistance on Tuesday but bumped into fresh selling orders clustered around this barrier. We will need to see a sustainable move above $0.0200 for the upside to gain traction with the next focus on $0.0215 (the upper line of daily Bollinger Band), and SMA200 (Simple Moving Average) daily at $0.0230. On the downside, the initial support is created by Tuesday’s low of $0.0189 closely followed by November low at $0.0184. Once it is out of the way, the sell-off is likely to continue with the next focus on $0.0170 ( the lower line of the Bollinger Band daily at $0.0174 and SMA100 (Simple Moving Average) at $0.0169). TRX/USD, 1-day 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 Hard Brexit fears ease as UK PM Johnson’s hopes rise – Reuters poll FX Street 3 years TRON's TRX has stuck in a tight range. The recovery is limited by the psychological $2.0. TRX/USD, the 11th largest digital asset, has gained 1.2% in recent 24 hours to trade at $0.0193 at the time of writing. The coin has been range-bound recently as the recovery is capped by a psychological $0.0200. The recently announced news that the coin is added to Poloniex failed to provide a boost for TRX. Read also: TRON to be listed on Poloniex, TRX/USD stops within a whisker of $0.02 TRX/USD, the technical picture On the daily chart, psychological $0.0200 strengthened by SMA100 (Simple… 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.
