- TRX is unified within a domain, with general resistance at 23.60 % Fibonacci around $ 0.2569 and supported at $ 0.2178.
- Technical indicators, including RSI, to climb over the mid -road sign and upscale MACD specifications, indicate high momentum.
- Analyst Ali Martinez refers to a possible parallel channel, with major support at $ 0.17.
Tron (TRX) show signs of mixed upward momentum as it is integrated into a well -defined trading range. TRX has lost 1.5 % over the past 24 hours, while signs of slow recovery have shown. The original works within the scope of monotheism, where technical analysis indicates a possible gathering that can pay the price up.
On the daily chart, the TRX price procedures are contained within a domain characterized by a general resistance at the level of 23.60 % Fibonacci, about $ 0.2569, supporting approximately $ 0.2178. This range is important because it indicates that although the distinctive symbol has maintained stability amid market fluctuations, it also ripens in collapse if the purchase pressure increases.
The last height in the daily RSI, which moved over the mid -road mark, along with a bullish intersection in MACD lines and signal lines, indicates that the momentum is built and may lead to a decisive step.
Tron is traded in a parallel channel
Analyst Ali Martinez Support This display is by highlighting that TON is circulating within a parallel channel. According to Martinez, as long as the bulls maintain control, especially by defending the main support at $ 0.17, there can be an outbreak of more than $ 0.26 on the horizon.
Once this resistance is cleared, the next main goal is the Fibonacci level by 50 % in the $ 0.30 psychological brand. This potential penetration will not only verify the validity of the current upscale feelings, but also indicates a high start of a TRX high swing.
In short, although TRX is currently working to unify and face the resistance, technical indicators and increased liquidity indicate that the bulls may lead soon. Investors must closely monitor the main levels: The ongoing step exceeds $ 0.2569 and a strong defense of support at $ 0.2178 will be decisive. If these conditions are fulfilled, about $ 0.30 may be achieved, which represents a significant rise in the TRX price movement.
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