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    TRON Price Prediction: Long-term (TRX) Value Forecast – June 22

    • The bulls maintained momentum within the channel in the long-term outlook.
    • $0.0400 in the supply area is on the card.

    TRX/USD Long-term Trend: Bullish

    Supply zone: $0.0400, $0.05000, $0.0600
    Demand zone: $0.01000, $0.00800, $0.00600

    Tron long-term outlook is a bullish trend. The bulls had a nice ride as the week open on a bullish note until 17th June at $0.03414 in the supply area. The bears stage a returned and forced price down to $0.03201 in the demand area and closed with a wick on 18thh June, which suggests exhaustion and a reversal in trend.

    The bulls had kept price above the 10-EMA and with increased momentum TRXUSD is currently up at $0.03514 with room for higher high before the end of today session.

    The stochastic oscillator signal points up at 85% in the overbought region an indication of upward momentum in price of the cryptocurrency.

    $0.0400 at the upper line of the channel is the bulls target in the long-term.

    Live Tron (TRX) Price:

    1 TRX/USD =$0.0119 change ~ -1.91%

    Coin Market Cap

    $793.96 Million

    24 Hour Volume

    $44.56 Million

    24 Hour VWAP

    $0

    24 Hour Change

    $-0.0002

     

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

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    Avatar
    Azeez Mustapha
    Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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