Connect with us

Hi, what are you looking for?

ELEVENEWS

Tron

TRON Price Analysis: TRX/USD consolidates below 0.020

  • TRON is trading almost 5% lower in another poor session for cryptocurrencies.
  • The chart has now moved into a downward structure and looks to be heading toward a support level.

TRX/USD 4-Hour Chart

TRON seems to be forming a classic downtrend at the moment. 

On the higher timeframes it could look like a deep retracement. 

On the 4-Hour chart below, the price has recently printed just below the previous wave low.

Now the next support could be 0.01818 and resistance is at the 0.020 level.

TRON Analysis

News Source

You May Also Like

Ripple

Before we dive into to predicting the Ripple future and XRP price forecast, let’s quickly sum up what awaits you in this article: First,...

Cardano [ADA]

Just like it always does, crypto made another violent, strong move in the direction no one expected it and all coins gained back losses...

Stellar (XLM)

Total market cap behaviour After swift moves down, then up, market has entered a boring sideways action for almost a week. It all begun...

Litecoin

In this price prediction, we will put out our own and market’s opinion (both from popular algorithms and experts) on Litecoin future while discussing...

Copyright © 2020 Elevenews