Tron Price Prediction: TRX Eyes Bullish Break While Bitcoin and ETH Struggle

Tron Price Prediction: TRX Eyes Bullish Break While Bitcoin and ETH Struggle

Tron price is rising and trading above $0.0750 against the US Dollar. TRX is outperforming Bitcoin and could rally further above the $0.0780 resistance.
Tron is moving higher from the $0.0738 support zone against the US dollar.
The price is trading above $0.0750 and the 100 simple moving average (4 hours).
There is a crucial contracting triangle forming with resistance near $0.0775 on the 4-hour chart of the TRX/USD pair (data source from Kraken).
The pair could continue to climb higher if it breaks $0.0775 and $0.0780.
Tron Price Remains Supported
This past week, Tron’s price saw a rejection pattern near the $0.0780 resistance against the US Dollar. TRX made a couple of attempts to clear $0.0775 and $0.0780 but failed.
There was a downside correction below the $0.0765 level. The price declined below the 23.6% Fib retracement level of the upward move from the $0.0713 swing low to the $0.0778 high. However, the bulls were active near the $0.0750 support.
TRX stayed above the 50% Fib r

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We współpracy z: https://www.newsbtc.com/analysis/trx/tron-price-prediction-trx-bullish-0-078/

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