Past Performance of Tron
Tron prices remain in a consolidation, looking at the performance in the daily chart. Overly, buyers of Q1 2023 appear to be in charge. Still, the failure of buyers to convincingly break above the recent resistance levels questions the strength of the uptrend. For now, critical reaction levels remain to be $0.0675 and $0.0645.
#Tron...
Past Performance of Tron
Tron prices are within a classic bear flag, adding 12 percent in a possible dead cat bounce. Overall, the TRX price formation is anchored by bears of early November since bulls are yet to reverse all losses. Traders can look to unload on every pullback higher but below $0.057.
#Tron Technical Analysis
TRX bulls appear to be in control,...
Past Performance of Tron
The bears have been unforgiving in the last trading year. From the daily chart, TRX dropped 62 percent from November 2022 peaks to spot rates. Although Tron's utility is unquestionable, TRX prices are in range and bearish as buyers cannot reverse recent losses. Primary support is at around $0.450, while resistance is at $0.524, marking...
Past Performance of Tron
TRX prices might be bullish, as it is, but there is little to write home about at spot rates. Amid a market-wide recovery, especially in the top-10 coins, Tron is steady and still limited to the upsides with recent ranges. TRX is up two percent in the last 24 hours, but the only positive is that prices are within the bullish bar of...
Past Performance of Tron
Tron is firm at press time, and there could be more upsides, reading from the candlestick arrangement in the daily chart. Even though TRX prices are lower in the past 24 hours, they are within the October 14 bull bar and trending above September 2022 lows at $0.059. As it is, buyers have the upper hand. There are higher odds of the coin...
Past Performance of Tron
TRX prices are moving horizontally, bearish at spot rates but firm against the strong wave of selling pressure. Sellers remain in charge but for trend continuation below $0.061, there must be a high volume, wide-ranging bear breakout for confirmation. Before then, depending on the breakout direction in the current formation, sellers are...
Past Performance of Tron
Tron prices are stable at spot rates, reading from the performance in the daily chart. Even though the uptrend is labored, TRX buyers are still in control from an effort versus result perspective. As such, Tron prices may still edge higher in a bull continuation pattern. The upthrust would be in confirmation of the June 15 bull bar and...
