The price of TRON (TRX) has continued to rise above the moving average lines but has yet to break above the $0.36 barrier.
TRON price long-term forecast: bullish
Since the 12th of September, the cryptocurrency has been trading above the moving average lines but below the $0.36 barrier. The sideways movement could continue until the limits of the trading range are broken.
Today, TRON is rising after finding support above the moving averages. The altcoin is expected to move higher and retest the $0.36 level. If the current resistance is broken, the altcoin will rise to the next barrier of $0.369. If the bears break the moving average lines, the altcoin will fall and drop to a low of $0.31. TRON is at $0.34 at the time of writing.
Technical Indicators
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Key Resistance Zones: $0.40, $0.45, and $0.50 -
Key Support Zones: $0.20, $0.15, and $0.10
TRON price indicators analysis
TRON is rising as the price bars remain above the moving average lines. The 21-day and 50-day SMAs are sloping horizontally, indicating a sideways trend. The introduction of doji candlesticks has led to a static price movement.
TRX/USD daily price chart – September 20, 2025
What is the next move for TRON?
TRON is trading sideways between the support of $0.34 and the resistance level of $0.355. The cryptocurrency is fluctuating as it moves above the moving average lines. The barrier at $0.355 has halted the upward movement. In the meantime, the cryptocurrency signal remains range-bound due to traders’ hesitation.
TRX/USD 4-hours chart – September 20, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.