Tron (TRX/USD) made a rally in the early morning of Thursday.
Price is approaching the resistance level around 0.06 where we can expect a reaction .
If price breaks the resistance it's possible to see a retest before the rally resumes and continues to the next resistance level above 0.20
If the resistance level pushes price down, the next significant support level is around 0.03, where today's rally started.
At the moment there is also bullish divergence between price and the RSI which could mean that the buyers are now in control.
Good Luck,
CryptoTrendline
Price is approaching the resistance level around 0.06 where we can expect a reaction .
If price breaks the resistance it's possible to see a retest before the rally resumes and continues to the next resistance level above 0.20
If the resistance level pushes price down, the next significant support level is around 0.03, where today's rally started.
At the moment there is also bullish divergence between price and the RSI which could mean that the buyers are now in control.
Good Luck,
CryptoTrendline