Tron (TRX) Price Analysis: Breakout Zone Near $0.1020 TRON pr | CryptoSoul

Tron (TRX) Price Analysis: Breakout Zone Near $0.1020

TRON price remained well bid above $0.0850 against the US Dollar, similar to bitcoin. TRX price is rising, but it must clear $0.1020 for more upsides.

Tron Price AnalysisAfter a major decline, tron price found support near the $0.0825 level against the US Dollar. TRX price started a steady increase and it was able to clear the $0.0900 resistance zone.

There was a break above a key bearish trend line with resistance near $0.0900 on the 4-hours chart. The pair was able to settle above the $0.0900 level and the 55 simple moving average (4-hours). It even surpassed the 23.6% Fib retracement level of the key decline from the $0.1228 swing high to $0.0825 low.