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{"id":607143,"date":"2024-05-09T05:35:20","date_gmt":"2024-05-09T05:35:20","guid":{"rendered":"https:\/\/uniquehot.com\/?p=607143"},"modified":"2024-06-11T14:45:38","modified_gmt":"2024-06-11T14:45:38","slug":"tron-price-prediction-trx-0-132","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/tron-trx\/tron-price-prediction-trx-0-132\/","title":{"rendered":"Tron Price Prediction: TRX Outperforms Bitcoin, Can It Hit $0.132?"},"content":{"rendered":"

Tron price is gaining pace above the $0.1220 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1250.<\/em><\/p>\n

\n
Tron is moving higher above the $0.120 resistance level against the US dollar.<\/li>\n
The price is trading above $0.1220 and the 100 simple moving average (4 hours).<\/li>\n
There was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair (data source from Kraken).<\/li>\n
The pair could continue to climb higher toward $0.1275 or even $0.1320.<\/li>\n<\/ul>\n
Tron Price Regains Strength<\/h2>\n
Recently, Bitcoin<\/a> and Ethereum<\/a> saw a fresh decline below $63,500 and $3,100 respectively. However, Tron price remained stable above the $0.1180 support and even climbed higher.<\/p>\n
There was a decent move above the $0.120 resistance zone. TRX price cleared the 50% Fib retracement level of the downward move from the $0.1239 swing high to the $0.1181 low. Besides, there was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair.<\/p>\n
Tron price is now trading above $0.1220 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.1250 level.<\/p>\n
$\"Tron$ <\/a><\/p>\n
Source: TRXUSD on TradingView.com<\/a><\/p>\n
The first major resistance is near $0.1275 or the 1.618 Fib extension level of the downward move from the $0.1239 swing high to the $0.1181 low, above which the price could accelerate higher. The next resistance is near $0.1320. A close above the $0.1320 resistance might send TRX further higher toward $0.1365. The next major resistance is near the $0.140 level, above which the bulls are likely to aim for a larger increase toward $0.150.<\/p>\n
Are Dips Supported in TRX?<\/h2>\n
If TRX price fails to clear the $0.1250 resistance, it could start a downside correction. Initial support on the downside is near the $0.1220 zone.<\/p>\n
The first major support is near the $0.1195 level or the 100 simple moving average (4 hours), below which it could test $0.1180. Any more losses might send Tron toward the $0.1150 support in the coming sessions.<\/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 $0.1220, $0.1195, and $0.1180.<\/p>\n
Major Resistance Levels \u2013 $0.1250, $0.1275, and $0.1320.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tron price is gaining pace above the $0.1220 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1250. Tron is moving higher above the $0.120 resistance level against the US dollar. The price is trading above $0.1220 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair (data source from Kraken). The pair could continue to climb higher toward $0.1275 or even $0.1320. Tron Price Regains Strength Recently, Bitcoin and Ethereum saw a fresh decline below $63,500 and $3,100 respectively. However, Tron price remained stable above the $0.1180 support and even climbed higher. There was a decent move above the $0.120 resistance zone. TRX price cleared the 50% Fib retracement level of the downward move from the $0.1239 swing high to the $0.1181 low. Besides, there was a break above a key bearish trend line with resistance at $0.120 on the 4-hour chart of the TRX\/USD pair. Tron price is now trading above $0.1220 and the 100 simple moving average (4 hours). On the upside, an initial resistance is near the $0.1250 level. Source: TRXUSD on TradingView.com The first major resistance is near $0.1275 or the 1.618 Fib extension level of the downward move from the $0.1239 swing high to the $0.1181 low, above which the price could accelerate higher. The next resistance is near $0.1320. A close above the $0.1320 resistance might send TRX further higher toward $0.1365. The next major resistance is near the $0.140 level, above which the bulls are likely to aim for a larger increase toward $0.150. Are Dips Supported in TRX? If TRX price fails to clear the $0.1250 resistance, it could start a downside correction. Initial support on the downside is near the $0.1220 zone. The first major support is near the $0.1195 level or the 100 simple moving average (4 hours), below which it could test $0.1180. Any more losses might send Tron toward the $0.1150 support in the coming sessions. 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 $0.1220, $0.1195, and $0.1180. Major Resistance Levels \u2013 $0.1250, $0.1275, and $0.1320.<\/p>\n","protected":false},"author":67,"featured_media":380833,"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":[14463,11993,16505,87822],"class_list":["post-607143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tron-trx","tag-tron-price","tag-trx","tag-trx-usd","tag-trx-usdt"],"acf":[],"yoast_head":"\nTron Price Prediction: TRX Outperforms Bitcoin, Can It Hit $0.132?<\/title>\n<meta name=\"description\" content=\"Tron price is gaining pace above the $0.1220 resistance 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 Outperforms Bitcoin, Can It Hit $0.132?","url":"http:\/\/uniquehot.com\/news\/tron-trx\/tron-price-prediction-trx-0-132\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/tron-trx\/tron-price-prediction-trx-0-132\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/05\/crypto_market_bullish.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/05\/crypto_market_bullish.jpg?fit=1152%2C768"},"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 price","trx","trx\/usd","trx\/usdt"],"dateCreated":"2024-05-09T05:35:20Z","datePublished":"2024-05-09T05:35:20Z","dateModified":"2024-06-11T14:45:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Tron Price Prediction: TRX Outperforms Bitcoin, Can It Hit $0.132?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/tron-trx\\\/tron-price-prediction-trx-0-132\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/tron-trx\\\/tron-price-prediction-trx-0-132\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/crypto_market_bullish.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/crypto_market_bullish.jpg?fit=1152%2C768\"},\"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 price\",\"trx\",\"trx\\\/usd\",\"trx\\\/usdt\"],\"dateCreated\":\"2024-05-09T05:35:20Z\",\"datePublished\":\"2024-05-09T05:35:20Z\",\"dateModified\":\"2024-06-11T14:45:38Z\"}<\/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\/2019\/05\/crypto_market_bullish.jpg?fit=1152%2C768","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/607143"}],"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=607143"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/607143\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/380833"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=607143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=607143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=607143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}