Tron (TRX) Price Analysis: Primed For More Upsides Above $0.0200

TRON TRX 800x600

Tron price corrected lower after trading towards the $0.0230 resistance against the US Dollar. TRX price is currently trading nicely above the $0.0188 and $0.0178 support levels. There is a key contracting triangle forming with resistance near $0.0202 on the 4-hours chart (data feed via Bitfinex). The price could continue to rise once it settles above the $0.0200 and $0.0208 resistance levels. TRON price is consolidating above key supports against the US Dollar and bitcoin. TRX price is likely to start a fresh increase once it breaks the $0.0208 resistance. Tron Price Analysis This past week, TRON price followed a bullish path above the $0.0200 resistance area against the US Dollar. Moreover, TRX price even surged above the $0.0210 and $0.0220 resistance levels. Finally, the price settled above the 55 simple moving average (4-hours) and traded as high as $0.0230. Later, the price started a downside correction below the $0.0215…

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