YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
No Result
View All Result

TRX/USD Spikes Above $0.065 Level

October 10, 2022
in Blockchain
Reading Time: 5 mins read
A A
TRX/USD Spikes Above $0.065 Level
ShareShareShareShareShare

You might also like

DYDX/USD Eyes Additional Gains Above $3.1

DYDX/USD Eyes Additional Gains Above $3.1

January 31, 2023
Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

January 31, 2023

Join Our Telegram channel to stay up to date on breaking news coverage

The Tron (TRX) price prediction may continue to settle above the 9-day and 21-day moving averages as the coin heads to the upside.

Tron Prediction Statistics Data:

  • Tron price now – $0.064
  • Tron market cap – $5.8 billion
  • Tron circulating supply – 92.3 million
  • Tron total supply – 92.3 million
  • Tron Coinmarketcap ranking – #15

TRX/USD Market

Key Levels:

Resistance levels: $0.068, $0.070, $0.072

Support levels: $0.060, $0.058, $0.056

TRXUSD – Daily Chart

Buy Tron Now

Your capital is at risk

TRX/USD continues to trade above the 9-day and 21-day moving averages within the channel. The cryptocurrency is trying to create a higher ground above the resistance level of $0.065, and should the buyers keep the coin above the moving averages, it may remain on the upside. Today, an early trading session makes the Tron price touch the $0.065 level before rebounding to where it is trading currently at $0.064.

BC.Game Casino

Tron Price Prediction: What Could be the Next Direction for Tron?

The Tron price may stay above the moving averages and if the resistance of $0.065 gives way, the Bull Run may come to focus, and the coin may create an additional bullish trend. Now, the bullish scenario seems to surface as buyers continue to post firm commitments into the market. According to the daily chart, traders could see another rise in the market price. Therefore, if the coin crosses above the upper boundary of the channel, it could further strengthen the market to the resistance levels of $0.068, $0.070, and $0.072 respectively.

On the downside, a lower possible swing may likely retest the previous support below the 9-day moving average. However, if the sellers manage to fuel the market, traders may expect a further drop to the support levels of $0.060, $0.058, and $0.056 respectively. On the other hand, the technical indicator Relative Strength Index (14) is now moving towards 70-level, indicating that the market may retain the bullish trend.

Compared with Bitcoin, the Tron price remains above the 9-day and 21-day moving averages in other to reach the resistance level of 340 SAT. However, this resistance level is expected to effectively exceed so that the market price may end up closing above it.

TRXBTC – Daily Chart

On the other hand, if TRX/BTC trades below the moving averages, it could refresh lows under 319 SAT and a possible bearish continuation may likely meet the major support at 300 SAT and below but if the coin moves above the upper boundary of the channel, it could hit the potential resistance at 360 SAT and above. However, the technical indicator Relative Strength Index (14) is moving above the 60-level, indicating that the market may give more bullish signals.

Tamadoge – Play to Earn Meme Coin

Tamadoge logo
  • Earn TAMA in Battles With Doge Pets
  • Maximum Supply of 2 Bn, Token Burn
  • Now Listed on OKX, Bitmart, Uniswap
  • Upcoming Listings on LBank, MEXC

Tamadoge logo


Join Our Telegram channel to stay up to date on breaking news coverage

Credit: Source link

Related Stories

DYDX/USD Eyes Additional Gains Above $3.1
Blockchain

DYDX/USD Eyes Additional Gains Above $3.1

January 31, 2023
Kazakhstan Seeks to Improve Cryptocurrency Trading Framework
Blockchain

Kazakhstan Seeks to Improve Cryptocurrency Trading Framework

January 31, 2023
Bitcoin Price Heads Towards Weekly Low of $22,300 – Will We See A Rebound?
Blockchain

Bitcoin Price Heads Towards Weekly Low of $22,300 – Will We See A Rebound?

January 31, 2023
Meta Masters Guild Crypto Presale $2.1 Million Sold – Can This 10x Your Investment?
Blockchain

Meta Masters Guild Crypto Presale $2.1 Million Sold – Can This 10x Your Investment?

January 31, 2023
Next Post
Is Bitboy saying that former SEC director was bribed?

Is Bitboy saying that former SEC director was bribed?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

China’s “Instagram” chooses Conflux Network for permissionless blockchain integration

China’s “Instagram” chooses Conflux Network for permissionless blockchain integration

January 26, 2023
Holo Price Prediction as HOT Bulls Target 30% Jump After Holochain Beta Launch

Holo Price Prediction as HOT Bulls Target 30% Jump After Holochain Beta Launch

January 27, 2023

Popular Story

    • Contact Us
    • Privacy Policy
    • Terms of Use
    • DMCA

    © 2021 - YourCryptoNews.net - All rights reserved!

    No Result
    View All Result
    • Live Prices
    • Crypto News
      • Altcoins
      • Bitcoin
    • Defi News
    • NFT News
    • Blockchain
    • Regulations
    • Trading
    • Scams

    © 2021 - YourCryptoNews.net - All rights reserved!

    • bitcoinBitcoin (BTC) $ 23,140.00 1.55%
    • ethereumEthereum (ETH) $ 1,584.74 1.19%
    • tetherTether (USDT) $ 0.999469 0.19%
    • usd-coinUSD Coin (USDC) $ 1.00 0.09%
    • bnbBNB (BNB) $ 312.29 1.79%
    • xrpXRP (XRP) $ 0.407579 3.16%
    • binance-usdBinance USD (BUSD) $ 0.999885 0.08%
    • cardanoCardano (ADA) $ 0.390798 5.09%
    • dogecoinDogecoin (DOGE) $ 0.095629 8.64%
    • matic-networkPolygon (MATIC) $ 1.11 2.04%
    • okbOKB (OKB) $ 37.70 1.3%
    • solanaSolana (SOL) $ 23.93 0.27%
    • staked-etherLido Staked Ether (STETH) $ 1,578.18 0.97%
    • polkadotPolkadot (DOT) $ 6.26 1.28%
    • shiba-inuShiba Inu (SHIB) $ 0.000012 2.7%
    • litecoinLitecoin (LTC) $ 93.98 3.77%
    • avalanche-2Avalanche (AVAX) $ 19.86 1.03%
    • tronTRON (TRX) $ 0.062153 0.27%
    • daiDai (DAI) $ 0.999203 0.14%
    • uniswapUniswap (UNI) $ 6.57 1.43%
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,082.00 1.55%
    • cosmosCosmos Hub (ATOM) $ 13.34 2.24%
    • chainlinkChainlink (LINK) $ 6.94 0.52%
    • the-open-networkToncoin (TON) $ 2.30 0.66%
    • leo-tokenLEO Token (LEO) $ 3.54 0.03%
    • moneroMonero (XMR) $ 177.45 0.74%
    • ethereum-classicEthereum Classic (ETC) $ 21.65 1.49%
    • aptosAptos (APT) $ 16.76 2.41%
    • bitcoin-cashBitcoin Cash (BCH) $ 133.10 2.36%
    • stellarStellar (XLM) $ 0.090726 0.84%
    • apecoinApeCoin (APE) $ 5.86 1.07%
    • quant-networkQuant (QNT) $ 142.12 0.97%
    • crypto-com-chainCronos (CRO) $ 0.079123 1.93%
    • nearNEAR Protocol (NEAR) $ 2.33 1.52%
    • filecoinFilecoin (FIL) $ 5.26 2.76%
    • lido-daoLido DAO (LDO) $ 2.20 6.68%
    • algorandAlgorand (ALGO) $ 0.242390 1.27%
    • vechainVeChain (VET) $ 0.023162 0.67%
    • internet-computerInternet Computer (ICP) $ 5.88 2.13%
    • hedera-hashgraphHedera (HBAR) $ 0.064657 1.57%
    • fantomFantom (FTM) $ 0.546416 16.38%
    • decentralandDecentraland (MANA) $ 0.742376 1.15%
    • axie-infinityAxie Infinity (AXS) $ 10.86 0.83%
    • aaveAave (AAVE) $ 82.81 2.38%
    • eosEOS (EOS) $ 1.06 1.56%
    • the-sandboxThe Sandbox (SAND) $ 0.728896 1.15%
    • flowFlow (FLOW) $ 1.07 8.96%
    • elrond-erd-2MultiversX (EGLD) $ 42.98 2.42%
    • fraxFrax (FRAX) $ 0.999627 0%
    • theta-tokenTheta Network (THETA) $ 1.02 0.86%