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Weekly forecast TRON technical chart
Symbol TRXUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJune 20, 2021 - 21:28
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.05550, resumption of uptrend is expected.
  • We make sure when the resistance at 0.09650 breaks.
  • If the support at 0.05550 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI resistance #1 at 45 is not broken, the probability of price increase would be too low.
  • A peak is formed in daily chart at 0.08430 on 05/26/2021, so more losses to support(s) 0.06650 and minimum to Major Support (0.05550) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 38.

Supports and Resistances:

  1. 0.29500
  2. 0.21600
  3. 0.17900
  4. 0.16950
  5. 0.14850
  6. 0.08100
  7. 0.06650
  8. 0.05550
  9. 0.04050
  10. 0.03200
  11. 0.02650
  12. 0.02300
  13. 0.02050
Click on the level to view price action history.

Symbol Released Current Forecast
TRON (TRXUSD) Fri, 22 Mar 2024
TRON (TRXUSD) Mon, 18 Mar 2024
TRON (TRXUSD) Sun, 10 Mar 2024
TRON (TRXUSD) Mon, 4 Mar 2024
TRON (TRXUSD) free Sun, 25 Feb 2024