Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»EXCHANGE NEWS»Tron Price (TRX) Soars: Leading the Altcoin Pack
EXCHANGE NEWS

Tron Price (TRX) Soars: Leading the Altcoin Pack

By Crypto FlexsJune 10, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Tron Price (TRX) Soars: Leading the Altcoin Pack
Share
Facebook Twitter LinkedIn Pinterest Email

Tron price is rising above the $0.1150 resistance level against the US dollar. TRX outperforms Bitcoin and could rise further above $0.1180.

  • Tron is rising above the $0.1150 resistance level against the US dollar.
  • The price is trading above $0.1155 and the 100-hour simple moving average.
  • The hourly chart of the TRX/USD pair has a key bullish trendline with support at $0.1160 (data source from Kraken).
  • The currency pair may continue to rise towards $0.1200 or even $0.1220.

Tron price is showing strength again.

Recently, Bitcoin and Ethereum showed new declines below $68,500 and $3,750, respectively. However, Tron price remained stable above the $0.1120 support and even rose further.

There was some decent movement above the $0.1150 resistance zone. TRX price cleared many hurdles and rose by more than 3%. There was a move above the $0.1165 level. A high was formed at $0.1170 and the price is now consolidating gains above the 23.6% Fib retracement level rising from the $0.1102 swing low to the $0.1170 high.

Tron price is currently trading above $0.1160 and the 100-hour simple moving average. On the hourly chart of the TRX/USD pair, there is also a major bullish trend line forming with support at $0.1160.

On the other hand, initial resistance is close to the $0.1170 level. The first major resistance is near $0.1180, above which the price may move higher. The next resistance is near $0.1200. A close above the $0.1200 resistance could push TRX higher towards $0.1225. The next major resistance is near the $0.1320 level, above which the pair will likely target a bigger rise towards $0.150.

Are dips supported on TRX?

If TRX price fails to clear the $0.1200 resistance, a downward correction may begin. Initial support on the downside is near the $0.1160 area.

The first major support is near the $0.1150 level or the 100 simple moving average (4-hours), below which $0.1140 may be tested. Any more losses could result in Tron reaching $0.1136 support in the next session.

technical indicators

Hourly MACD – MACD for TRX/USD is gaining momentum in bullish territory.

Hourly Relative Strength Index (RSI) – The RSI for TRX/USD is currently above the 50 level.

Key support levels – $0.1160, $0.1150 and $0.1136.

Key resistance levels – $0.1180, $0.1200, $0.1220.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Dogecoin (DOGE) after collision

June 23, 2025

Litecoin Key Support in Focus Price Eye Brake Out Determination

June 20, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Grayscale Joins Spot Solana ETF Competition

December 4, 2024

Antler Interactive Will Showcase Its Latest Creation Cloudborn at GDC – Blockchain News, Opinion, TV & Careers

March 14, 2024

Streamr Announces Launch of Testnet 1 for Streamr 1.0 – A New Milestone in the Decentralized Data Economy

November 30, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.