Tron Price Analysis: Tron Price Explodes as it breaks the previous Resistance level.

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Tron Price Analysis

In our Tron price analysis has gone up about 10% percent in the last 16 hours after breaking the previous resistance level which has kept the price of the crypto asset below the 10 cents level for about 2 months after the crypto market dip.

tron price analysis

Tron (trx) is currently trading at $0.109 price level which has been the highest price level the crypto asset has reached since the month of September shortly after the general Cryptocurrency market dip.

After breaking its previous resistance level which was at the $0.104 price level with a full body candle stick, Tron looks set to make further upward movements as we see the previous resistance level become a new support level for the Cryptocurrency asset.

The crypto asset is currently trading at a new resistance level with price at $0.110, with the momentum displayed by TRX, it looks set to break the new mild resistance. A breakout of the price above the $0.110 level would see it climb upward to another 10% to the $0.12 price level.

As we are into crypto bull run season, and with the latest developments, the Tron’s price is likely to climb to the previous All Time High (ATH), as the bullish traders now turn their attentions to the crypto asset.

Disclaimer: Please note that is not in any way providing any form of financial or investment advice and would not be held responsible for any activity or action carried out as a result of this post.

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