Tron (TRX) Daily Price Forecast – 3 January

TRX / USD Medium-term trend: variable

Supply Zones: $ 0.03000, $ 0.04000, $ 0.04500
Application areas: $ 0.01000, $ 0.00900, $ 0.00800

TRX remains in a market with a range of action in its medium-term perspective. The new year saw the bearish pressure within the range lost with the formation of Marubozu's bullish candle the first at $ 0.01939 and January 2 at $ 0.01992 which marked the return of the bulls.

The bullish pressure was strong in the range as the TRXUSD rose to $ 0.02112 in the supply area before the end of yesterday's session.

The price is above the two EMA crossovers and the signal of the stochastic oscillator is in line parallel to the 81% which implies a market that goes

TRXUSD is the consolidation and trading between $ 0.02168 in the upper bidding area and $ 0.01901 in the lower demand area of ​​the segment. Traders should be patient for a breakout in the upper bidding area for buying or disaggregating opportunities in the low-demand area for medium-term sales opportunities.

Short-term trend TRX / USD: bullish

TRX is in an uptrend in its short-term outlook. The formation of highest and lowest highs from 1 January that are characterized by bullish trends is seen in the short-term perspective TRXUSD.

Yesterday the bulls opened the session at $ 0.01980 and sustained the pressure until the end of the session, as TRXUSD rose to $ 0.02085 in the supply area.

A new high of $ 0.02085 was achieved shortly after today's opening before the loss of momentum paving the way for the bears to form the highest minimum while the cryptocurrency continues its journey north.

The price is above the two EMAs and the stochastic oscillator signal indicates to 38% an indication of the rising moment in the price of short-term cryptocurrency.

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