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What must happen for the Tron price to rise?

 


Tron price has been rising steadily for the past five weeks and it has tested the $0.08 horizontal resistance. At this point he was also rejected. As this shows weakness, we expect a correction for the time being. This correction could last until the GoldenPocket. The GoldenPocket sits at around $0.064. After reaching the GoldenPocket, the Tron price could rise again. The target would again be the resistance around $0.08. After that, however, prices could fall again. However, the resistance could also break, which would turn the state of affairs bullish. More on that in the next Tron forecast. So far, there is no telling if the price will break the resistance or not.

The Tron price against Bitcoin is currently at the support of around 150 satoshis. In addition, there is a trend line, which constantly served as support. Because of this, we assume that the Tron course will outperform the Bitcoin course in the future. We expect a rise to the next resistance. This is located at around 262 satoshis. This surge would cause the sideways phase to continue between 150 and 262 satoshis. A breakout of this sideways phase is not unlikely as the trendline is heading towards the 262 resistance.

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