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TRX / USD Long-term trend: variable
Supply zone: $ 0.03500, $ 0.04000, $ 0.04500
Required area: $ 0.01000, $ 0.00800, $ 0.00600
The long-term prospects of Tron are based on a market with a range of actions. The journey to the south was continuous last week, as the bulls lack the momentum to sustain the upward price movement. This failure returned the bears on December 2nd with a bearish spinning top at $ 0.01521.
Bears continued to press for the cryptocurrency to perform a new test at $ 0.01222 in the required area on December 7th.
The price is around 10-EMA with the 37% stochastic oscillator and its parallel signal is an indication of the scenario that goes.
TRXUSD is the consolidation and trading between $ 0.01706 in the upper bidding area and $ 0.01113 in the lower demand area of the segment. A breakout in the upper supply area can be considered for a long position while a breakdown in the lower demand area may be a short position with a good candle as confirmation for the items. So patience is needed to allow this to occur before taking any position.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
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