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Wednesday

23 June 2021

Tron (TRX) Price Analysis: Risk of More Downsides Below $0.062 | Live Bitcoin News

Tron (TRX) Price Analysis: Risk of More Downsides Below $0.062 | Live Bitcoin News


smart summary beta

There was a break below a key bullish trend line with support near $0.0780 on the 4-hours chart.

The next major resistance is near $0.0800, above which the price could attempt a key upside break above the $0.0850 level.

The next key support is near the $0.0650 level, below which there is a risk of a drop towards the $0.0550 support.

The chart indicates that TRX price is trading well below $0.0750 and the 55 simple moving average (4-hours).

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