TRON (TRX) Long-term price forecast – December 1st

Long-term trend TRX / USD: bullish

Supply zone: $ 0.03500, $ 0.04000, $ 0.04500
Area on request: $ 0.01000, $ 0.008000, $ 0.00500

The long-term perspective of Tron resumes as an uptrend. The strong downward pressure was gradually weakening on November 25 after the cryptocurrency had dropped to $ 0.01110 in the demand area and the candle closed as a doji an indication of an inversion trendy.

Although the price rose to $ 0.01323 in the supply area due to the short return of the bulls, the bears pushed the price to $ 0.01223 in the demand area on November 27th.

The confirmation of the bull's takeover occurred on November 28th with a large bullish engulfing candle that pushed TRXUSD to $ 0.01600 in the supply area. The rising bullish momentum raised the price to $ 0.01710.

The price is lower than 10-EMA with the signal of the stochastic oscillator which indicates to 43% an indication of the movement of the price towards the high when the time of the bulls is sustained in the long term.

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