TRON (TRX) Long-term price forecast

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TRX / USD Long-term trend term: Bearish

Supply zone: $ 0.04000, $ 0.05000, $ 0.06000
Demand area: $ 0.02000, $ 0.01000, $ 0.00500

Tron continues in a long bearish trend Long-term prospects The bullish candle that opened the week had a minimal impact as the price was briefly at $ 0.0309 in the supply area and the bullish momentum is was lost due to the formation of a bearish railway in the area.

strong and this led to the breakdown of the first key demand area and the cryptocurrency fell to $ 0.2700 in the area requested August 7.

The bearish momentum was sustained and a pause in the second demand area occurred on August 10th and the currency had fallen further to $ 0.02176 in the demand area.

Bear pressure could continue in the g-term and from the movement measured from the first demand zone to the second demand zone, $ 0.2078 in the demand area could be the bears goal as the increase in the moment and more bearish candles opened and closed under the two EMAs.

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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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