Tron (TRX) Price Analysis: Major Uptrend Support At $0.027

TRX price even spiked above the $0.0380, but it failed to clear the $0.0400 resistance level. A low was formed near $0.0274 and the price recovered above $0.0320 level.

The triangle support is close to the 76.4% Fib retracement level of the upward move from the $0.0274 low to $0.0343 high is also near the triangle support. On the upside, the price is facing hurdles near $0.0320 level and the 55 simple moving average (4-hours).

Timeline of Tron