{"id":154913,"date":"2023-09-13T10:41:27","date_gmt":"2023-09-13T05:11:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=154913"},"modified":"2023-09-13T10:41:27","modified_gmt":"2023-09-13T05:11:27","slug":"trx-again-outperforms-bitcoin-and-eth-0-10-possible-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trx-again-outperforms-bitcoin-and-eth-0-10-possible-crypto-news\/","title":{"rendered":"TRX Again Outperforms Bitcoin and ETH, $0.10 Possible? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><em>Tron price is showing positive signs above $0.080 against the US Dollar. TRX is outperforming Bitcoin and could start another increase toward $0.10.<\/em><\/p>\n<ul>\n<li>Tron is moving higher above the $0.0800 pivot level against the US dollar.<\/li>\n<li>The price is trading above $0.080 and the 100 simple moving average (4 hours).<\/li>\n<li>There is a connecting bullish trend line forming with support near $0.0780 on the 4-hour chart of the TRX\/USD pair (data source from Kraken).<\/li>\n<li>The pair could continue to climb higher toward $0.085 or even $0.095.<\/li>\n<\/ul>\n<h2>Tron Price Surges Further<\/h2>\n<p>In the last Tron price analysis, we discussed the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/trx\/tron-price-prediction-trx-regains-strength-0-10\/\">chances of more gains in TRX<\/a> against the US Dollar. TRX formed a base above the $0.0770 level and started another increase.<\/p>\n<p>There was a clear move above the $0.080 resistance zone, outperforming <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bearish-formation-26500\/\">Bitcoin<\/a>. The price even cleared the $0.082 level. A high is formed near $0.0828 and the price is now correcting gains below the 23.6% Fib retracement level of the upward move from the $0.0770 swing low to the $0.0828 high.<\/p>\n<p>TRX is now trading above $0.080 and the 100 simple moving average (4 hours). There is also a connecting bullish trend line forming with support near $0.0780 on the 4-hour chart of the TRX\/USD pair.<\/p>\n<\/p>\n<p>Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/TRXUSD\/\">TRXUSD on TradingView.com<\/a><\/p>\n<p>On the upside, an initial resistance is near the $0.0815 level. The first major resistance is near $0.0828, above which the price could accelerate higher. The next resistance is near $0.085. A close above the $0.085 resistance might send TRX further higher. The next major resistance is near the $0.092 level, above which the bulls are likely to aim a larger increase toward the key $0.10 zone in the coming days.<\/p>\n<h2>Are Dips Supported in TRX?<\/h2>\n<p>If TRX price fails to clear the $0.0815 resistance, it could slowly move lower. Initial support on the downside is near the $0.080 zone. The first major support is near the $0.0792 level or the 61.8% Fib retracement level of the upward move from the $0.0770 swing low to the $0.0828 high.<\/p>\n<p>The next support is near $0.0780 or the trend line, below which the price could accelerate lower. The next major support is $0.0755.<\/p>\n<p>Technical Indicators<\/p>\n<p>4 hours MACD \u2013 The MACD for TRX\/USD is losing momentum in the bullish zone.<\/p>\n<p>4 hours RSI (Relative Strength Index) \u2013 The RSI for TRX\/USD is currently above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $0.080, $0.0792, and $0.0780.<\/p>\n<p>Major Resistance Levels \u2013 $0.0815, $0.0828, and $0.092.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tron price is showing positive signs above $0.080 against the US Dollar. TRX is outperforming Bitcoin and could start another increase toward $0.10. Tron is moving higher above the $0.0800 pivot level against the US dollar. The price is trading above $0.080 and the 100 simple moving average (4 hours). There is a connecting bullish [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":154914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-154913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=154913"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154913\/revisions"}],"predecessor-version":[{"id":154915,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/154913\/revisions\/154915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/154914"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=154913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=154913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=154913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}