TRON (TRX) Prices Still Managing Its Slow And Steady Upsurge 

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Ayush Malviyahttps://www.thecoinrepublic.com/
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.
  • The cryptocurrency was performing well and it acquired a positive divergence above the level of $0.014400.
  • The TRX/BTC is indicating negative results with a loss of -2.05% in its level to 0.00000192.

The TRON prices are still making a steady climb and bulls are emerging as a strong positive trade is emerging in the prices.

Prices are making quite good progress and it also acquires the level of $0.015500. If prices manage a dominance above the level of $0.015500 they will become strong enough to achieve the level of $0.016000 with ease.

Currently, TRX is supported by the level of $0.015300. As this level helped prices to put a halt on their flat trend and again prime them up to go up and achieve the resistance level of $0.016000

TRON is trading with the market capital of  $1,038,371,936 USD, with volume traded of $1,523,188,089 USD and the circulating supply of 66,682,072,191 TRX.

TRON (TRX) Price Analysis

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tron
Source:tradingview

The Technical chart reflects that bulls are emerging due to the increase in the positive trade, now prices are trying to make a dominance of positive trade in its upsurge. Currently, Tron prices are trading above the level of 0.01500 and trying to maintain a steady climb.

The technical’s indications are on positive grounds as there is an increase in the buying volume.

The MACD levels are showing that there is an increase in the buying volume of the cryptocurrency which is an indication of the positive trade which can help due to current negative nature.

The 24hr-RSI is trading at top of the normal region with positive momentum, as it took a negative divergence but overcome it. Currently, it is trading above the level of 70.

The 24hr -CCI is trading with a gradual fall at the over buying level. It did manage its trading they are but now it adopted a falling pattern in the overbuying region and soon will hit the normal level.

Resistance Level: $0.016000

Support Level: $0.015500

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