{"id":2502,"date":"2024-06-10T05:38:17","date_gmt":"2024-06-10T05:38:17","guid":{"rendered":"https:\/\/cryptd.in\/tron-price-trx-surges-ahead-leading-the-altcoins-pack\/"},"modified":"2024-06-10T05:38:17","modified_gmt":"2024-06-10T05:38:17","slug":"tron-price-trx-surges-ahead-leading-the-altcoins-pack","status":"publish","type":"post","link":"https:\/\/cryptd.in\/cs\/tron-price-trx-surges-ahead-leading-the-altcoins-pack\/","title":{"rendered":"Tron Price (TRX) Surges Ahead: Leading the Altcoins Pack"},"content":{"rendered":"<p><em>Tron price is gaining pace above the $0.1150 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1180.<\/em><\/p>\n<p>Tron is moving higher above the $0.1150 resistance level against the US dollar.<br \/>\nThe price is trading above $0.1155 and the 100-hourly simple moving average.<br \/>\nThere is a key bullish trend line forming with support at $0.1160 on the hourly chart of the TRX\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to climb higher toward $0.1200 or even $0.1220.<\/p>\n<h2>Tron Price Regains Strength<\/h2>\n<p>Recently, Bitcoin and Ethereum saw a fresh decline below $68,500 and $3,750 respectively. However, Tron price remained stable above the $0.1120 support and even climbed higher.<\/p>\n<p>There was a decent move above the $0.1150 resistance zone. TRX price cleared many hurdles and gained over 3%. There was a move above the $0.1165 level. A high is formed at $0.1170 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $0.1102 swing low to the $0.1170 high.<\/p>\n<p>Tron price is now trading above $0.1160 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $0.1160 on the hourly chart of the TRX\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/06\/Tron-TRX.png?resize=1024%2C461\"><\/a><\/p>\n<p>On the upside, an initial resistance is near the $0.1170 level. The first major resistance is near $0.1180, above which the price could accelerate higher. The next resistance is near $0.1200. A close above the $0.1200 resistance might send TRX further higher toward $0.1225. The next major resistance is near the $0.1320 level, above which the bulls are likely to aim for a larger increase toward $0.150.<\/p>\n<h2>Are Dips Supported in TRX?<\/h2>\n<p>If TRX price fails to clear the $0.1200 resistance, it could start a downside correction. Initial support on the downside is near the $0.1160 zone.<\/p>\n<p>The first major support is near the $0.1150 level or the 100 simple moving average (4 hours), below which it could test $0.1140. Any more losses might send Tron toward the $0.1136 support in the coming sessions.<\/p>\n<p>Technick\u00e9 ukazatele<\/p>\n<p>Hourly MACD \u2013 The MACD for TRX\/USD is gaining momentum in the bullish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.1160, $0.1150, and $0.1136.<\/p>\n<p>Major Resistance Levels \u2013 $0.1180, $0.1200, and $0.1220.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tron price is gaining pace above the $0.1150 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1180. Tron is moving higher above the $0.1150 resistance level against the US dollar. The price is trading above $0.1155 and the 100-hourly simple moving average. There is a key bullish trend line [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2502","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tron Price (TRX) Surges Ahead: Leading the Altcoins Pack - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/cs\/tron-price-trx-surges-ahead-leading-the-altcoins-pack\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tron Price (TRX) Surges Ahead: Leading the Altcoins Pack - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Tron price is gaining pace above the $0.1150 resistance against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1180. Tron is moving higher above the $0.1150 resistance level against the US dollar. The price is trading above $0.1155 and the 100-hourly simple moving average. 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