TRON Price Prediction: Will TRX Break Out or Drop to $0.15?
TRON (TRX) is currently trading at $0.16, stuck between the
21-day and 50-day Simple Moving Averages (SMA). After
struggling to break above the $0.17 resistance twice, TRX
remains directionless.
TRON’s Price Range:
TRX faces resistance at the 21-day SMA and has support at the
50-day SMA. A breakout above could push TRX higher, but a drop below may see it testing $0.15.
Technical Indicators:
TRON’s price is fluctuating between key moving averages,
indicating sideways movement. If it falls below $0.16, a decline
to $0.156 is possible. Watch for support and resistance levels
closely as buyers and sellers remain evenly matched.
