Cryptocurrency

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/tron-trx-prices-usd" title="Tron price" class="f-link" rel="noopener noreferrer nofollow">Tron price</a> fails to surpass May 2021 peak levels, encountering a bearish reversal from the $0.1442 resistance.</li>
 <li>A 27% pullback ensues, marked by multiple weekly bearish candles, causing the market value to decline to nearly $0.1050.</li>
 <li>Despite the downturn, solid demand emerges at the psychological support level of $0.1000, reinforcing a buy-the-dip sentiment for #TRON.</li>
 <li>The 61.80% Fibonacci retracement level, coupled with a longstanding support trendline, amplifies the bullish momentum at lower price levels.</li>
 <li>A morning star pattern forms, increasing the probability of a bullish reversal.</li>
 <li>With buyer activity prevailing above $0.1000, a reversal rally is anticipated, potentially driving $TRX price towards $0.1500.</li>
 <li>As per <a href="https://www.coingabbar.com/en/price-prediction" title="Coingabbar analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar analysis</a>, Conversely, if a reversal rally initiates from the $0.1200 mark, it may lead to a downturn, with prices potentially falling back to $0.1000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.14500-$0.18000
SUPPORT LEVEL : $0.10000-$0.05000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Tron Price Prediction: Is This the Start of Something Big?

Coingabbar

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