Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP price that runs the risk of crashing 50%, here is why

2025-05-18

Equities RIP higher as Bitcoin lags behind – a new market reality to watch!

2025-05-18

Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Pump.Fun loses dominance while new meme munt launch pads get up on Solana

    2025-05-17
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17

    Complating digital assets win the long game in Crypto

    2025-05-17

    US senators make potential progress on Stablecoin bill in the midst of partisan negotiations: report

    2025-05-16
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Tron Price Prediction: TRX Outperforms Bitcoin, Targets $0.075
Analysis

Tron Price Prediction: TRX Outperforms Bitcoin, Targets $0.075

2023-05-06No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Tron price is up more than 5% and is showing positive signs above $0.068 against the US Dollar. TRX outperformed Bitcoin and continued to climb towards USD 0.075.

  • Tron is trading in a positive zone above the $0.0680 pivot level against the US Dollar.
  • The price is trading above $0.0685 and the 100 simple moving average (4 hours).
  • A major bullish trendline is forming with support near $0.0692 on the 4-hour chart of the TRX/USD pair (data source from Kraken).
  • The pair is likely to continue higher if it crosses the $0.0695 resistance level.

Tron price signals uptrend

Over the past few sessions, Tron’s price has held strong above the $0.0650 level against the US dollar, outperforming Bitcoin and Ethereum. TRX gained momentum for a clear move above the $0.068 resistance and the 100 simple moving average (4 hours).

The price was trading close to the $0.070 resistance. A high is forming near $0.0699 and the price is now consolidating gains above the 23.6% Fib retracement level from the upward move from the $0.0640 swing low to the $0.0699 high.

It is now trading above $0.0685 and the 100 simple moving average (4 hours). A major bullish trendline is also forming with support near $0.0692 on the 4-hour chart of the TRX/USD pair. On the upside, an initial resistance is near the $0.0700 zone.

Tron price prediction

Source: TRXUSD at TradingView.com

A close above the $0.070 resistance could send TRX even higher. The next major resistance is near the $0.0720 level, above which the bulls are likely to seek a larger gain towards the key $0.0750 zone in the coming sessions. Any further gains could set the pace for a move towards the $0.078 level.

See also  Five years after CEO's sudden death, QuadrigaCX's victims collapse and receive 13% of lost funds

Dips are probably limited in TRX

If the TRX price fails to cross the $0.070 mark, it may correct lower. The first support on the downside is near the $0.069 zone and the trendline.

The next major support is near the $0.0670 level and the 100 simple moving average (4 hours). The main support is at $0.0662, below which there is a risk of a move towards the $0.064 support.

Technical indicators

4am MACD – The MACD for TRX/USD is gaining momentum in the bullish zone.

4 hours RSI (Relative Strength Index) – The RSI for TRX/USD is currently above the 50 level.

Main Support Levels – $0.0690, $0.0670 and $0.0640.

Main resistance levels – $0.070, $0.072 and $0.075.

Source link

#TRX Bitcoin Outperforms Prediction Price Targets Tron
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP price that runs the risk of crashing 50%, here is why

2025-05-18

Equities RIP higher as Bitcoin lags behind – a new market reality to watch!

2025-05-18

Bitcoin -price could prepare for a new wave of volatility – this is why

2025-05-18

Binance Coin: Spot vs. Futures Traders – Who has control over the price of BNB?

2025-05-18
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Polygon records a 200% increase in THIS key metric: can it help MATIC?

2024-06-17

Can BTC rely on this historic support again?

2024-06-11

Binance and Deribit Traders Are Aggressively Shorting Bitcoin, Squeezing Inbounds?

2023-09-21
Editors Picks

Elon Musk’s Doge team in discussions with movement as part of the blockchain strategy

2025-01-30

XRP Price Targets a New All-Time High: Can Bulls Deliver Results?

2025-01-17

Third Litecoin Halving Event Officially Completed! Here’s How LTC Price Is Reacting

2023-08-02

Ethereum Price Gears Up for Another Climb: Will Momentum Increase?

2024-11-19

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP price that runs the risk of crashing 50%, here is why

Equities RIP higher as Bitcoin lags behind – a new market reality to watch!

Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,717.672.51%
  • ethereumEthereum(ETH)$2,563.603.90%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.434.52%
  • binancecoinBNB(BNB)$654.232.16%
  • solanaSolana(SOL)$175.426.18%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.2346039.59%
  • cardanoCardano(ADA)$0.774.17%
  • tronTRON(TRX)$0.270730-0.41%
  • suiSui(SUI)$3.955.10%
  • chainlinkChainlink(LINK)$16.195.93%
  • avalanche-2Avalanche(AVAX)$23.464.83%
  • stellarStellar(XLM)$0.2946453.54%
  • shiba-inuShiba Inu(SHIB)$0.0000156.93%
  • hyperliquidHyperliquid(HYPE)$26.652.37%
  • hedera-hashgraphHedera(HBAR)$0.1987025.03%
  • bitcoin-cashBitcoin Cash(BCH)$406.184.34%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-3.48%
  • the-open-networkToncoin(TON)$3.204.63%
  • litecoinLitecoin(LTC)$101.654.56%
  • polkadotPolkadot(DOT)$4.854.76%
  • moneroMonero(XMR)$341.612.49%
  • bitget-tokenBitget Token(BGB)$5.205.24%
  • pepePepe(PEPE)$0.00001414.96%
  • piPi(PI)$0.7511.34%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.268.69%
  • bittensorBittensor(TAO)$434.933.27%
  • aaveAave(AAVE)$240.718.39%
  • nearNEAR Protocol(NEAR)$2.897.03%
  • aptosAptos(APT)$5.273.22%
  • okbOKB(OKB)$53.550.93%
  • ondo-financeOndo(ONDO)$0.975.94%
  • kaspaKaspa(KAS)$0.1167784.18%
  • internet-computerInternet Computer(ICP)$5.435.44%
  • ethereum-classicEthereum Classic(ETC)$18.923.78%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.424.50%
  • gatechain-tokenGateToken(GT)$21.781.35%
  • crypto-com-chainCronos(CRO)$0.1006043.36%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2427464.88%
  • mantleMantle(MNT)$0.752.90%
  • vechainVeChain(VET)$0.0292545.71%
  • render-tokenRender(RENDER)$4.785.70%
  • ethenaEthena(ENA)$0.39950812.64%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • filecoinFilecoin(FIL)$2.956.07%
  • cosmosCosmos(ATOM)$5.035.86%
  • algorandAlgorand(ALGO)$0.2285086.35%
  • bitcoinBitcoin(BTC)$105,717.672.51%
  • ethereumEthereum(ETH)$2,563.603.90%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.434.52%
  • binancecoinBNB(BNB)$654.232.16%
  • solanaSolana(SOL)$175.426.18%
  • usd-coinUSDC(USDC)$1.000.03%
  • dogecoinDogecoin(DOGE)$0.2346039.59%
  • cardanoCardano(ADA)$0.774.17%
  • tronTRON(TRX)$0.270730-0.41%
  • suiSui(SUI)$3.955.10%
  • chainlinkChainlink(LINK)$16.195.93%
  • avalanche-2Avalanche(AVAX)$23.464.83%
  • stellarStellar(XLM)$0.2946453.54%
  • shiba-inuShiba Inu(SHIB)$0.0000156.93%
  • hyperliquidHyperliquid(HYPE)$26.652.37%
  • hedera-hashgraphHedera(HBAR)$0.1987025.03%
  • bitcoin-cashBitcoin Cash(BCH)$406.184.34%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-3.48%
  • the-open-networkToncoin(TON)$3.204.63%
  • litecoinLitecoin(LTC)$101.654.56%
  • polkadotPolkadot(DOT)$4.854.76%
  • moneroMonero(XMR)$341.612.49%
  • bitget-tokenBitget Token(BGB)$5.205.24%
  • pepePepe(PEPE)$0.00001414.96%
  • piPi(PI)$0.7511.34%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$6.268.69%
  • bittensorBittensor(TAO)$434.933.27%
  • aaveAave(AAVE)$240.718.39%
  • nearNEAR Protocol(NEAR)$2.897.03%
  • aptosAptos(APT)$5.273.22%
  • okbOKB(OKB)$53.550.93%
  • ondo-financeOndo(ONDO)$0.975.94%
  • kaspaKaspa(KAS)$0.1167784.18%
  • internet-computerInternet Computer(ICP)$5.435.44%
  • ethereum-classicEthereum Classic(ETC)$18.923.78%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.424.50%
  • gatechain-tokenGateToken(GT)$21.781.35%
  • crypto-com-chainCronos(CRO)$0.1006043.36%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2427464.88%
  • mantleMantle(MNT)$0.752.90%
  • vechainVeChain(VET)$0.0292545.71%
  • render-tokenRender(RENDER)$4.785.70%
  • ethenaEthena(ENA)$0.39950812.64%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • filecoinFilecoin(FIL)$2.956.07%
  • cosmosCosmos(ATOM)$5.035.86%
  • algorandAlgorand(ALGO)$0.2285086.35%