Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»TRX could surpass Bitcoin and surge by 10%.
EXCHANGE NEWS

TRX could surpass Bitcoin and surge by 10%.

By Crypto FlexsJanuary 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
TRX could surpass Bitcoin and surge by 10%.
Share
Facebook Twitter LinkedIn Pinterest Email

Tron price maintains an upward trend above the $0.1050 support level against the US dollar. TRX is outperforming Bitcoin and could rise further above $0.1105.

  • Tron is rising above the $0.1050 resistance level against the US dollar.
  • The price is trading above $0.1065 and the 100 simple moving average (4-hours).
  • On the 4-hours chart of the TRX/USD pair, there is a major ascending channel forming with support at $0.1052 (data source from Kraken).
  • The pair may continue to rise towards $0.1105 or even $0.1200.

Tron price is showing strength again.

Recently, Bitcoin and Ethereum have fallen significantly below $43,500 and $2,200. However, Tron price remained stable above the $0.1000 support line. TRX formed a base above $0.1020 and started a new increase.

There was movement above the $0.1050 and $0.1055 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $0.1059 swing high to the $0.1028 low. TRX is currently trading at $0.1065 and above the 100 simple moving average (4-hours).

There is also a major ascending channel with support at $0.1052 on the 4-hours chart of the TRX/USD pair. Current price action suggests further upside.

On the positive side, initial resistance is near the $0.1088 level. This is near the 76.4% Fib retracement level of the downward move from the $0.1059 swing high to the $0.1028 low. The first major resistance is near $0.1105, above which the price may move higher.

Source: TradingView.com TRXUSD

The next resistance is near $0.1150. A close above the $0.1150 resistance could push TRX higher towards $0.1200. The next major resistance is near the $0.1124 level, above which the pair is likely to target a bigger rise towards $0.1320.

Are Dips limited on TRX?

If TRX price fails to clear the $0.1105 resistance, a downward correction may begin. Initial support on the downside is near the $0.1065 area.

The first major support is near the $0.1050 level or trendline, below which $0.1020 may be tested. Any more losses may result in Tron reaching $0.0975 support in the next session.

technical indicators

4-Hour MACD – The MACD for TRX/USD is gaining momentum in bullish territory.

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

Key support levels – $0.1065, $0.1050 and $0.0975.

Key resistance levels – $0.1088, $0.1105, $0.1150.

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

Bank of England to introduce stablecoin regulations by 2026

October 21, 2025
Add A Comment

Comments are closed.

Recent Posts

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025

Swiss Bitcoin App Relai Acquires MiCA License In France

October 27, 2025

Tapzi Presale Gains Traction with DeepSnitch AI and Bitcoin Hyper

October 27, 2025

The first extension for Solana developers

October 27, 2025

River Public Sale – 48-Hour Dutch Auction Lowest Price Settlement, Claim And Refund Instantly After End

October 27, 2025

Jiuzi Holdings, Inc. Partners With SOLV Foundation On $2.8B TVL Bitcoin Initiative To Advance Crypto Treasury Strategy

October 27, 2025

Why Elon Musk’s SpaceX transferred $133 million in Bitcoin

October 27, 2025

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 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

Stake USDT To Earn BTC With Up To 600% APR

October 28, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025

US Bitcoin reports holdings of 3,865 BTC after recent acquisition

October 27, 2025
Most Popular

Evaluating Cryptocurrency Options Beyond Chainlink and TRON: Spotlight on Rebel Satoshi

January 16, 2024

Cloud Mining Guide -Unlock Financial Lock with DDB Miner

January 29, 2025

Bitcoin ‘Receives Surrender’ as Liquidity Risks BTC Price Below $50,000

October 10, 2024
  • 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.