TRON Price Analysis: High Volume Breakout may Lead TRX to $0.9 Mark

After a consolidation phase of eleven days within an ascending triangle pattern, the TRON(TRX) price breached the neckline resistance on May 22nd. Following a retest phase, the coin price rose 8% higher and trades above the support level of $0.080. This support aligned 20-day-EMA, and a rise in trading volume suggests a strong bullish momentum.

The post TRON Price Analysis: High Volume Breakout may Lead TRX to $0.9 Mark appeared first on CoinGape.

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.