• Tron price started a fresh increase above the $0.0720 level against the US Dollar.
• TRX is now trading below $0.0780 and the 55 simple moving average (4 hours).
• The pair could continue to move up if it breaks the $0.0780 resistance zone.
Tron (TRX) Price Analysis
Tron price has started a fresh increase above the $0.0720 level against the US Dollar, similar to Bitcoin. There is a major bullish trend line forming with support near $0.0752 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0780 resistance zone.
Recent Price Movement
In recent days, Tron price began a steady increase from the $0.0712 support zone against the US Dollar. TRX’s price remained well-bid and was able to climb above the $0
