TRON Price Prediction Today: Daily (TRX) Value Forecast – June 27


  • As a result of a consistent resistance at the $0.0400 overhead resistance, the bulls were overpowered and the price fell to a low at $0.032000 price level.
  • The crypto’s price is facing resistance at the $0.0390 price level as the market is trading below it.

TRX /USD Medium-term Trend: Bullish

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

Yesterday, June 26, the price of TRON was in a sideways trend. The TRX market was in a sideways trend after the bulls were resisted at the $0.0400 overhead resistance. As a result of a consistent resistance at the $0.0400 overhead resistance, the bulls were overpowered and the price fell to a low at $0.032000 price level.

This was the previous low of June 21. A trend line is drawn to determine the duration of the bearish trend.The price of TRON is in a bullish trend if the trend line is not broken by price. A bullish trend is ongoing when price makes higher highs and higher lows on the trend line.

The price of TRON is assumed terminated if price breaks the trend line and another candlestick closes on the opposite of it. The bulls are expected to test or break the $0.0400 overhead resistance level. Meanwhile, the price of TRON 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.

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 bullish trend. The crypto’s price is facing resistance at the $0.0390 price level as the market is trading below it.

The bulls were resisted twice as the price fell and broke below the EMAs. Meanwhile, the price of TRON is in the oversold region of the daily stochastic but above the 40% range. This indicates that price is in a bullish momentum and buy signal.
.

Live Tron (TRX) Price:

1 TRX/USD =$0.1567 change ~ 5.25%

Coin Market Cap

$11.23 Billion

24 Hour Volume

$2.9 Billion

24 Hour VWAP

$0

24 Hour Change

$0.01

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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