Tron Price Analysis: TRX/USD Trends of November 6–12, 2018
Should the resistance level of $0.024 breaks by the bulls, Tron price will rally to the north and $0.025 resistance level will be the next target.
Should the resistance level of $0.024 breaks by the bulls, Tron price will rally to the north and $0.025 resistance level will be the next target.
There is a probability that the Tron price will experience further downtrend movement which may break the support level of $0.021 and make the support level of $0.020 as the next target.
In case bears increase their momentum there is a probability that the price will experience downtrend movement below the support level of $0.025.
There is a probability for a breakout of the price from the resistance level of $0.028 in case the bulls increase their momentum.
There is a probability for the uptrend movement this week in case the price breakout to the north from the ascending triangle pattern formed on both daily and 4-Hour charts.
Should bears put in more pressure there is a probability for further reduction of the price towards the support level of $0.015 this week.
Tron may experience a further reduction in price towards the support level of $0.015, more pressure from the bears may break the support level and the support level of $0.0 will be exposed.
There is a possibility for the coin to move down and test the support level of $0.015, should the bears increase their pressure, the support level of $0.015 may not hold.
There is a probability for the price to retest the support level of $0.024 before making uptrend movement towards the resistance level of $0.031.
There is a tendency for the price to go up within the next several trading days, by making a break out towards the North at $0.024.