TRON Price Prediction Today: Daily (TRX) Value Forecast – July 22
TRX /USD Medium-term Trend: Bearish
- Resistance Levels: $0.0340, $0.0360, $0.0380
- Support Levels: $0.0280, $0.0260, $0.0280
Yesterday, July 21, the price of TRON was in a bullish trend. Yesterday, the bulls were resisted at the $0.03000 price level. Today the price is falling and approaching the low of $0.02000 price level. The $0.02000 price level was the previous low of December 31, 2018. If the bearish trend continues, the crypto's price will find support at the $0.02000 price level.
On the other hand, if the $0.02500 support level holds,the crypto's price will rise and break above the EMAs to reach the bullish trend zone. Meanwhile, the price of TRON is in the oversold region of the daily stochastic but below the 60% 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 horizontally before the bearish breakout. On July 22, the bulls were resisted at the $0.03000 price level. The price of TRON fell to the support level at $0.0025100 price level. If the $0.0025100 support holds the crypto's price is likely to rise.
Meanwhile, the price of TRON is in the oversold region of the daily stochastic but below the 20% range. This indicates that price is in a bearish momentum and sell signal.
TRON (TRX) Live Price
1 TRX/USD =$0.0445 change ~ -4.70%
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