This coin, one of the shining stars of the last bull season, has attracted attention with its latest price move.
TRX, which took its place in mind with the price movements in 2021, seems to be moving again. Looking at the weekly chart, the popular coin, which has rarely fallen, has exceeded a critical level with its attack during the night. However, BTC’s instability and the fact that the resistance level is of great importance on a weekly basis created selling pressure on TRX, pushing the price down a bit. Could this increase in TRX be a bullish signal?
Tron (TRX) Graphics Evaluation
TRX, which has also closed its weekly price positively since $0.065, has attracted attention with its latest hard pricing. After exceeding $ 0.0814, the star of 2021, which directly tested the next resistance, could not hold above this value, even though it slightly exceeded $ 0.0923. TRX, which is currently trading at $0.0869, could rise to $0.105 and $0.118 as long as it stays above $0.0923.
BTC falling below $30,000, negative news from the TRX ecosystem or FUD news about Tron CEO Justin Sun may weaken the price structure. In this scenario, the support zones to watch for TRX are $0.0814- $0.0719 and $0.0651, respectively. A break of 0.0651 will strengthen the possibility of testing lows.
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