Here’s How High It Can Go
The post Here’s How High It Can Go appeared on BitcoinEthereumNews.com. TRON (TRX) price is quietly making waves in the crypto market, climbing back toward the key $0.30 resistance after weeks of sideways action. With altcoins regaining momentum and TRX price flashing bullish signals on the daily chart, traders and investors are now eyeing higher levels — but how far can this breakout go? In this article, we dive deep into TRON price chart, analyze current market structure, key indicators like RSI, and calculate potential price targets. Whether you’re holding TRX or watching from the sidelines, this detailed analysis will help you understand what’s next for one of the most resilient tokens in the market. Tron Price Prediction: Is TRON (TRX) Gearing Up for a Major Rally? TRON (TRX) price has quietly surged into the spotlight, breaking through critical resistance near $0.29 and currently trading just under the psychological $0.30 mark. This steady climb comes amid growing altcoin momentum and strong network fundamentals. The question now is — can TRX price sustain this rally and break into the $0.35 zone? Let’s decode the daily chart. What Does the Current Chart Structure Tell Us? TRX/USD Daily Chart- TradingView The TRX/USD chart displays a classic bullish continuation pattern. The most notable feature is the recent breakout from horizontal consolidation that lasted from late June into early July. This breakout was confirmed with a series of higher highs and higher lows on the Heikin Ashi candles. The current price sits at $0.2991, just below a minor resistance band at $0.30–$0.305. A clean break above this zone could open up a move toward $0.32, followed by a possible test of $0.345–$0.35, aligning with the upper Fibonacci extension targets. What Role is RSI Playing in This Trend? The Relative Strength Index (RSI) is flashing a bullish signal, currently reading 71.87, well into overbought territory. While this…
The post Here’s How High It Can Go appeared on BitcoinEthereumNews.com.
TRON (TRX) price is quietly making waves in the crypto market, climbing back toward the key $0.30 resistance after weeks of sideways action. With altcoins regaining momentum and TRX price flashing bullish signals on the daily chart, traders and investors are now eyeing higher levels — but how far can this breakout go? In this article, we dive deep into TRON price chart, analyze current market structure, key indicators like RSI, and calculate potential price targets. Whether you’re holding TRX or watching from the sidelines, this detailed analysis will help you understand what’s next for one of the most resilient tokens in the market. Tron Price Prediction: Is TRON (TRX) Gearing Up for a Major Rally? TRON (TRX) price has quietly surged into the spotlight, breaking through critical resistance near $0.29 and currently trading just under the psychological $0.30 mark. This steady climb comes amid growing altcoin momentum and strong network fundamentals. The question now is — can TRX price sustain this rally and break into the $0.35 zone? Let’s decode the daily chart. What Does the Current Chart Structure Tell Us? TRX/USD Daily Chart- TradingView The TRX/USD chart displays a classic bullish continuation pattern. The most notable feature is the recent breakout from horizontal consolidation that lasted from late June into early July. This breakout was confirmed with a series of higher highs and higher lows on the Heikin Ashi candles. The current price sits at $0.2991, just below a minor resistance band at $0.30–$0.305. A clean break above this zone could open up a move toward $0.32, followed by a possible test of $0.345–$0.35, aligning with the upper Fibonacci extension targets. What Role is RSI Playing in This Trend? The Relative Strength Index (RSI) is flashing a bullish signal, currently reading 71.87, well into overbought territory. While this…
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