{"id":4595,"date":"2024-08-15T05:08:05","date_gmt":"2024-08-15T05:08:05","guid":{"rendered":"https:\/\/cryptd.in\/tron-price-outshines-bitcoin-can-trx-keep-momentum-and-rise\/"},"modified":"2024-08-15T05:08:05","modified_gmt":"2024-08-15T05:08:05","slug":"tron-price-outshines-bitcoin-can-trx-keep-momentum-and-rise","status":"publish","type":"post","link":"https:\/\/cryptd.in\/fr\/tron-price-outshines-bitcoin-can-trx-keep-momentum-and-rise\/","title":{"rendered":"Tron Price Outshines Bitcoin: Can TRX Keep Momentum and Rise?"},"content":{"rendered":"<p><em>Tron price is rising from the $0.1250 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1320.<\/em><\/p>\n<p>Tron is moving higher above the $0.1280 resistance level against the US dollar.<br \/>\nThe price is trading above $0.130 and the 100-hourly simple moving average.<br \/>\nThere is a key bullish trend line forming with support at $0.1305 on the hourly chart of the TRX\/USD pair (data source from Kraken).<br \/>\nThe pair could continue to climb higher toward $0.1335 or even $0.1350.<\/p>\n<h2>Tron Price Eyes More Upsides<\/h2>\n<p>Recently, <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-support-58k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> et <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-struggles-2750\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> saw a fresh decline below $60,000 and $2,700 respectively. However, Tron price remained stable above the $0.1250 support and climbed higher.<\/p>\n<p>There was a decent move above the $0.1300 resistance zone. TRX price even tested the $0.1315 level. A high is formed at $0.1314 and the price is showing signs of more upsides. There is also a key bullish trend line forming with support at $0.1305 on the hourly chart of the TRX\/USD pair.<\/p>\n<p>The trend line is close to the 23.6% Fib retracement level of the upward move from the $0.1256 swing low to the $0.1314 high. The price is now trading above $0.1300 and the 100-hourly simple moving average. On the upside, an initial resistance is near the $0.1320 level<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/08\/Tron-TRX.png?resize=1024%2C461\"><\/a><\/p>\n<p>The first major resistance is near $0.1332, above which the price could accelerate higher. The next resistance is near $0.1350. A close above the $0.1350 resistance might send TRX further higher toward $0.1400. The next major resistance is near the $0.1420 level, above which the bulls are likely to aim for a larger increase toward $0.1450 in the near term.<\/p>\n<h2>Are Dips Supported in TRX?<\/h2>\n<p>If TRX price fails to clear the $0.1320 resistance, it could start a downside correction. Initial support on the downside is near the $0.1300 zone and the trend line.<\/p>\n<p>The first major support is near the $0.1285 level or the 50% Fib retracement level of the upward move from the $0.1256 swing low to the $0.1314 high, below which it could test $0.1280. Any more losses might send Tron toward the $0.1265 support in the coming sessions.<\/p>\n<p>Indicateurs techniques<\/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 $0.1300 and $0.1285.<\/p>\n<p>Major Resistance Levels \u2013 $0.1320 and $0.1350.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tron price is rising from the $0.1250 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1320. Tron is moving higher above the $0.1280 resistance level against the US dollar. The price is trading above $0.130 and the 100-hourly simple moving average. There is a key bullish trend line forming [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":4596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tron Price Outshines Bitcoin: Can TRX Keep Momentum and Rise? - 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\/fr\/tron-price-outshines-bitcoin-can-trx-keep-momentum-and-rise\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tron Price Outshines Bitcoin: Can TRX Keep Momentum and Rise? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Tron price is rising from the $0.1250 zone against the US Dollar. TRX is outperforming Bitcoin and could rise further above $0.1320. Tron is moving higher above the $0.1280 resistance level against the US dollar. The price is trading above $0.130 and the 100-hourly simple moving average. 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