Tron (TRX) Price Analysis: Next Significant Bullish Break Possible

TRON TRX 1 800x600

Tron price is holding an important support near the $0.0215 level against the US Dollar. TRX price is currently consolidating above $0.0220 and preparing for the next move. There is a crucial bearish trend line forming with resistance near $0.0235 on the 4-hours chart (data feed via Bitfinex). The price could either rally above $0.0235 and $0.0240 or it could decline below $0.0210. TRON price is currently in a brief consolidation phase against the US Dollar, while declining vs bitcoin. TRX price might soon break to the upside above $0.0235 and $0.0240. Tron Price Analysis In the past few days, TRON price traded in a range above the $0.0210 support against the US Dollar. The TRX/USD pair made many attempts to recover, but upsides were capped near $0.0230 and $0.0235. Moreover, the bears made many attempts to push the price below the $0.0215 and $0.0210 support levels. However, they failed…

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