TRON (TRX) Long-Term Price Forecast
Supply zone: $0.04000, $0.05000, $0.06000 Demand zone: $0.02000, $0.01000, $0.00500
Tron is in a bearish trend in the long-term outlook. The strong bearish pressure was sustained as it breaks $0.03521 of the lower price range of last week forecast. The cryptocurrency went further down to $0.02814 in the demand area.
Price is below the two EMAs and forming lower highs and lower lows that are bear market characteristics. Moreover, the 10-day EMA is seen acting as strong resistance against upward price movement.