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.


The opinions and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your research

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