TRON Price Prediction Today: Daily (TRX) Value Forecast – July 1


  • On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.0400 overhead resistance.
  • On June 25, the bulls were resisted and TRX market was on a downward correction to the low at $0.032.

TRX /USD Medium-term Trend: Bullish

  • Resistance Levels: $0.0400, $0.0420, $0.0440
  • Support Levels: $0.0380, $0.0360, $0.0340

Last week the price of TRON was in a bullish trend. On June 22, the crypto’s price rose and tested the $0.0400 overhead resistance. On June 25, the bulls were resisted and TRX market was on a downward correction to the low at $0.032. At the support level of $0.32 price level, the bulls made an upward move but were resisted as price fell to the low of $0.32. This has been the scenario in the last resistance of June 2.

However, the daily stochastic has indicated that the price of TRON has reached the oversold region of the market. This implies that bears will be exhausting their bearish pressure as buyers emerge. On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $0.0400 overhead resistance. Meanwhile, the price of TRON is in the oversold region of the daily stochastic but below the 40% range. This indicates that price is in a bearish momentum and sell signal.

TRX/USD Short-term Trend: Bearish

On the 1-hour chart, the price of TRON is in a bearish trend zone. The 12-day EMA and 26-day EMA are trending southward indicating that price is in a bearish trend. On June 30, the bulls resisted as the price fell to the $0.031500 price level. Meanwhile, the price of TRON is in the overbought region of the daily stochastic but above the 80% range. This indicates that price is in a bullish momentum and buy signal.
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Live Tron (TRX) Price:

1 TRX/USD =$0.0619 change ~ -7.86%

Coin Market Cap

$4.43 Billion

24 Hour Volume

$783.88 Million

24 Hour VWAP

$0

24 Hour Change

$0.00

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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