TRON Price Prediction: Long-term (TRX) Value Forecast – July 7

• The cryptocurrency is in consolidation in the long-term outlook.
• Traders should patiently wait for a defined trend before taking a position.

TRX/USD Long-term Trend: Ranging

Supply zone: $0.0500, $0.06000, $0.07000
Demand zone: $0.01000, $0.00800, $0.00600

Tron long-term outlook is a range-bound market. The bears confirmed their dominance in last week trading session with a large bearish marubozu candle at $0.03526 on 30th June as the cryptocurrency dropped to $0.03169.

The bear pressure was stronger within the days with a further push of price to $0.03050 in the demand area on 2nd July.

Attempts by the bulls to hold on to the market is been resisted by the 50-EMA as price shot up to $0.03301 on 6th July closing the week with a gravestone doji as the coin consolidates.

Price is hovering with the two EMAs with the signal of the stochastic oscillator parallel at 23% which suggest undefined trend currently in place within the range with proper clarity to occur as momentum builds up in the days ahead.

$0.03800 is the upper supply area of the range while $0.03000 is the lower demand area of the range. Traders should be patient and wait for price breakout or breakdown with a clear retest before taking a position.

Live Tron (TRX) Price:

1 TRX/USD =$0.0723 change ~ 1.87%

Coin Market Cap

$5.18 Billion

24 Hour Volume

$718.12 Million

24 Hour VWAP


24 Hour Change



The views and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide