Tron (TRX) winked at the bull: It is at the top of the last 117 weeks!

Tron (TRX), which has been quietly rising for weeks, has given the green light to the bull run.

TRX, the native token of the Tron network, which reached its peak in the last 819 days, aroused curiosity among crypto investors. TRX, one of the altcoins that experienced the highest rise in the bull run of 2021, caught such a trend. "I wonder if it started a bull run?" It brought the question to mind. Which levels are critical to follow for the popular coin, which manages to maintain this stability even though its upward movements are not severe?

It's starting to give confidence for the long term!

TRX, which hit $0.05609 in April 2023, experienced an almost breathless rise until November. TRX, which remained in the background with the launch of new projects in November, had an unstable price structure for a few weeks. Later, the sharp upward rise of BTC mobilized TRX again and brought the price to $ 0.12820.

Considering the wide time frame, TRX has a very positive outlook and will want to target $0.17937 if it breaks $0.14866. This level, which is also the ATH, will be a deciding point in the long-term price structure of TRX. A weekly close above $0.17937 could pave the way for a new bull season for TRX.

Factors such as problems that may occur in the Tron network or bearish pricing of BTC will naturally push the price to lower levels. In such a scenario, the points where buyers can be expected to be active will be 0.11749 – 0.09676 – 0.08260 – 0.07750 – 0.05609 – 0.03902 and 0.02414 dollars respectively.

Ekran Resmi 2024 02 07 11.19.45

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Rommel_01vip
· 2024-02-08 03:34
Diamond Hands 💎
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)