TRON Price Prediction Today: Daily (TRX) Value Forecast – July 25


  • On the upside, if the bulls break above the EMAs, and the price is sustained, the crypto's price will rise and retest the $0.0400 resistance level.
  • Currently, the price is retracing from the recent high. If the bearish pressure continued, the market will revisit the previous low of $0.0200 price level.

TRX /USD Medium-term Trend: Bearish

  • Resistance Levels: $0.0340, $0.0360, $0.0380
  • Support Levels: $0.0280, $0.0260, $0.0280

Yesterday, July 24, the price of TRON was retracing from the $0.0300 resistance level. In retrospect, the bulls have made two attempts to break the $0.0400 overhead resistance. On July 16, after the downward trend correction at the $0.0200 price level, the bulls made an upward move and broke above the EMAs but were resisted at the $0.0300 price level.

On the upside, if the bulls break above the EMAs, and the price is sustained, the crypto's price will rise and retest the $0.0400 resistance level. Currently, the price is retracing from the recent high. If the bearish pressure continued, the market will revisit the previous low of $0.0200 price level. 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. The crypto's price is below the EMAs which indicates that price is falling. However, the crypto's price is characterized by small body candlestick like the Doji and Spinning tops which described the indecision between the buyers and sellers at the current market price.

The price TRON  will continue to range as long as the small body candlestick dominate the chart. Meanwhile, the Coin is in the oversold region of the daily stochastic but above the 20% range. This indicates that price is in a bullish momentum and buy signal.

Live Tron (TRX) Price:

1 TRX/USD =$0.0304 change ~ 1.98%

Coin Market Cap

$2.18 Billion

24 Hour Volume

$370.13 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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