TRON (TRX) Long-Term Price Forecast- December 29

2018-12-29 22:35

TRX/USD Long-term Trend: Bullish

Supply zone: $0.03500, $0.04000, $0.04500
Demand zone: $0.01000, $0.00800, $0.00600

Tron long-term outlook remains in a bullish trend. The strong bullish pressure was sustained as TRXUSD made an initial high of $0.02310 in the supply area on 21st December. The cryptocurrency further went up to $0.02430 on 24th December as the pressure weakens and the daily candle closed as an inverted bearish long-tailed candle, a trend reversal signal.

The brief bearish pressure dropped price initially at $0.01890 and later at $0.01831 on 28th December as a rejection to further downward movement occurred and the bulls stage a returned and pushed price back up to $0.02159 in the supply area.

Price is above the two EMAs crossover an indication that bulls remained in control and may continue the journey up north in the new trading weeks. $0.02600 in the supply are may be retested as more candles open and closed above the two EMAs in the long-term.

 

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research

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TRON (TRX) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1171
Капитализация $0 Rank 99999
Цена в час новости $ 0.019851 (-100%)

december bullish long-term trx zone tron supply

Источник: bitcoinexchangeguide.com

december bullish → Результатов: 126


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