30-05-2018 06:13 via newsbtc.com

Tron (TRX) Price Watch: Bearish Pullback or Long-Term Bounce?

Tron Price Key HighlightsTron bounced off the 0.0564 level to signal that buyers are back, but it has yet to break past nearby ceilings.
Price is currently testing the 50% retracement level that lines up with an area of interest.
A larger pullback could find resistance at the falling trend line and 61.8% Fibonacci retracement level.Tron made a strong bounce but has yet to break past nearby resistance levels to confirm bullish momentum.
Technical Indicators Signals
The 100 SMA is below the longer
Read more »