At Coin Inquire, we offer free price signal of TRON (TRX) and other cryptocurrencies. Today July 16 we are beginning a new series of free signals for top cryptocurrencies including TRON (TRX).

TRON (TRX) Price
$0.025572 (2.20 %)
฿0.00000234 (-4.20 %)
Market Cap
$1 705 208 092
฿156 052.64
Volume (24h)
$602 801 129
฿55 165.53
Exchange
Binance
Website
https://tron.network/
Event

After an exhilarating rally in early 2019, TRX has plunged below lows that haven’t been seen since December 2018.

Despite breaking the support around 0.0000028 that has held for so long, a possible bullish trade may be approaching as price enters an old orderblock at the current level. Decreasing volume has accompanied the most recent drop that began in early June, which suggests that the market doesn’t support the movement down.

Additionally, the price may be forming a falling wedge, which is a bullish pattern that often breaks upward. Three daily orderblocks lie overhead, which provides targets for a shorter-term play.

The start of the incentive plan this Monday, which lasts through the launch of the Sun Network in August, could rekindle interest in TRX at these levels.

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