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{"id":549677,"date":"2023-09-01T04:48:28","date_gmt":"2023-09-01T04:48:28","guid":{"rendered":"https:\/\/uniquehot.com\/?p=549677"},"modified":"2024-06-11T14:28:55","modified_gmt":"2024-06-11T14:28:55","slug":"tron-price-prediction-trx-bullish-0-078","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/tron-trx\/tron-price-prediction-trx-bullish-0-078\/","title":{"rendered":"Tron Price Prediction: TRX Eyes Bullish Break While Bitcoin and ETH Struggle"},"content":{"rendered":"

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.<\/em><\/p>\n

\n
Tron is moving higher from the $0.0738 support zone against the US dollar.<\/li>\n
The price is trading above $0.0750 and the 100 simple moving average (4 hours).<\/li>\n
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).<\/li>\n
The pair could continue to climb higher if it breaks $0.0775 and $0.0780.<\/li>\n<\/ul>\n
Tron Price Remains Supported<\/h2>\n
This past week, Tron\u2019s 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.<\/p>\n
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.<\/p>\n
TRX stayed above the 50% Fib retracement level of the upward move from the $0.0713 swing low to the $0.0778 high. The price is now trading above $0.0750 and the 100 simple moving average (4 hours).<\/p>\n
It is showing positive signs and outperforming both Bitcoin<\/a> and Ethereum<\/a>. On the upside, an initial resistance is near the $0.0775 level. Besides, there is a crucial contracting triangle forming with resistance near $0.0775 on the 4-hour chart of the TRX\/USD pair.<\/p>\n
$\"Tron$ <\/p>\n
Source: TRXUSD on TradingView.com<\/a><\/p>\n
The first major resistance is near $0.0780, above which the price could start a fresh increase. The next resistance is near $0.080. A close above the $0.0800 resistance might send TRX further higher. The next major resistance is near the $0.0832 level, above which the bulls are likely to aim a larger increase toward the key $0.0880 zone in the coming days.<\/p>\n
Are Dips Supported in TRX?<\/h2>\n
If TRX price fails to clear the $0.0780 resistance, it could start a downside correction. Initial support on the downside is near the $0.0760 zone and the 100 SMA.<\/p>\n
The first major support is near the $0.0750 level, below which the price could accelerate lower. The next major support is $0.0715.<\/p>\n
Technical Indicators<\/p>\n
4 hours MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone.<\/p>\n
4 hours RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.0760, $0.0750, and $0.0715.<\/p>\n
Major Resistance Levels \u2013 $0.0780, $0.0800, and $0.0832.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s 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 retracement level of the upward move from the $0.0713 swing low to the $0.0778 high. The price is now trading above $0.0750 and the 100 simple moving average (4 hours). It is showing positive signs and outperforming both Bitcoin and Ethereum. On the upside, an initial resistance is near the $0.0775 level. Besides, there is a crucial contracting triangle forming with resistance near $0.0775 on the 4-hour chart of the TRX\/USD pair. Source: TRXUSD on TradingView.com The first major resistance is near $0.0780, above which the price could start a fresh increase. The next resistance is near $0.080. A close above the $0.0800 resistance might send TRX further higher. The next major resistance is near the $0.0832 level, above which the bulls are likely to aim a larger increase toward the key $0.0880 zone in the coming days. Are Dips Supported in TRX? If TRX price fails to clear the $0.0780 resistance, it could start a downside correction. Initial support on the downside is near the $0.0760 zone and the 100 SMA. The first major support is near the $0.0750 level, below which the price could accelerate lower. The next major support is $0.0715. Technical Indicators 4 hours MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level. Major Support Levels \u2013 $0.0760, $0.0750, and $0.0715. Major Resistance Levels \u2013 $0.0780, $0.0800, and $0.0832.<\/p>\n","protected":false},"author":67,"featured_media":429661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83383],"tags":[11808,14463,87837,79513,87838,16505,87822,14262],"class_list":["post-549677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tron-trx","tag-tron","tag-tron-price","tag-tron-trx-analysis","tag-trx-btc","tag-trx-price-prediction","tag-trx-usd","tag-trx-usdt","tag-trxusd"],"acf":[],"yoast_head":"\nTron Price Prediction: TRX Eyes Bullish Break While Bitcoin and ETH Struggle<\/title>\n<meta name=\"description\" content=\"Tron price is rising and trading above $0.0750 against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Tron Price Prediction: TRX Eyes Bullish Break While Bitcoin and ETH Struggle","url":"http:\/\/uniquehot.com\/news\/tron-trx\/tron-price-prediction-trx-bullish-0-078\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/tron-trx\/tron-price-prediction-trx-bullish-0-078\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/shutterstock_428785342.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/shutterstock_428785342.jpg?fit=1000%2C667"},"articleSection":"Tron","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["tron","tron price","tron trx analysis","trx btc","trx price prediction","trx\/usd","trx\/usdt","trxusd"],"dateCreated":"2023-09-01T04:48:28Z","datePublished":"2023-09-01T04:48:28Z","dateModified":"2024-06-11T14:28:55Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Tron Price Prediction: TRX Eyes Bullish Break While Bitcoin and ETH Struggle\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/tron-trx\\\/tron-price-prediction-trx-bullish-0-078\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/tron-trx\\\/tron-price-prediction-trx-bullish-0-078\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/shutterstock_428785342.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/shutterstock_428785342.jpg?fit=1000%2C667\"},\"articleSection\":\"Tron\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"tron\",\"tron price\",\"tron trx analysis\",\"trx btc\",\"trx price prediction\",\"trx\\\/usd\",\"trx\\\/usdt\",\"trxusd\"],\"dateCreated\":\"2023-09-01T04:48:28Z\",\"datePublished\":\"2023-09-01T04:48:28Z\",\"dateModified\":\"2024-06-11T14:28:55Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/shutterstock_428785342.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/549677"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=549677"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/549677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/429661"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=549677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=549677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=549677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}