{"id":632022,"date":"2024-07-29T14:00:01","date_gmt":"2024-07-29T14:00:01","guid":{"rendered":"https:\/\/wncen.com\/?p=632022"},"modified":"2024-08-17T13:42:28","modified_gmt":"2024-08-17T13:42:28","slug":"tron-bulls-push-for-breakthrough-can-trx-surpass-0-1443","status":"publish","type":"post","link":"https:\/\/wncen.com\/all\/tron-bulls-push-for-breakthrough-can-trx-surpass-0-1443\/","title":{"rendered":"Tron Bulls Push for Breakthrough: Can TRX Surpass $0.1443?"},"content":{"rendered":"

The Price of <\/span>TRON<\/span><\/a> is currently approaching a crucial resistance level at $0.1443, with bulls regaining dominance after a brief pullback that bottomed out at $0.1310. As the bulls continue to push the price of the crypto asset higher, it has drawn the attention of investors and <\/span>market<\/span><\/a> analysts alike, with the question of whether this upward momentum can continue and push TRX beyond the $0.1443 mark, thereby setting the stage for further gains.<\/span><\/p>\n

As bullish sentiment around TRX continues to build, this article seeks to analyze its current price movements and the technical indicators suggesting sustained growth. The goal is to determine if this upward <\/span>momentum<\/span><\/a> can continue and propel TRON past the $0.1443 mark.<\/span><\/p>\n

Market Overview: Recent Bullish Momentum in TRON<\/strong><\/h2>\n

On the 4-hour chart, <\/span>TRX<\/span><\/a> has shown a significant bullish momentum as the price rises above the 100-day Simple Moving Average (SMA), signaling a potential bullish trend and increased market confidence level. The cryptocurrency is presently on a steady move towards the key resistance level of $0.1443.\u00a0<\/span><\/p>\n

\"TRON\"
Source: TRXUSDT on Tradingview.com<\/figcaption><\/figure>\n

Additionally, the signal line of the Relative Strength Index (RSI) on the 4-hour chart has successfully crossed the 50% level, moving towards the 70% level, considered to be in the overbought zone. This movement suggests growing <\/span>bullish<\/span><\/a> momentum, signaling that buying pressure is intensifying.<\/span><\/p>\n

On the 1-day chart, following a pullback that bottomed out at $0.1310, TRON has experienced a bullish surge, marked by the formation of several positive<\/span> momentum candlesticks. Furthermore, the crypto asset’s price is trading above the 100-day SMA, suggesting an optimistic market sentiment.<\/span><\/p>\n

\"TRON\"
Source: TRXUSDT on Tradingview.com<\/figcaption><\/figure>\n

The signal line of the 1-day RSI indicators also has successfully risen above the 50% level, which is presently moving towards the overbought zone, suggesting that the digital asset may continue its bullish rally toward the $0.1443 resistance level.<\/span><\/p>\n

Potential Scenarios: What If TRX Breaks $0.1443?<\/strong><\/h2>\n

TRON is currently bullish, targeting the key resistance level of $0.1443. A successful breakout above this resistance could signal further <\/span>gains<\/span><\/a>, potentially pushing the asset toward its <\/span>all-time high<\/span><\/a> of $0.1804 and beyond.<\/span><\/p>\n

If TRON\u2019s price fails to break above the $0.1443 resistance level, it may result in the price retracing toward its previous low of $0.1443. Should the crypto asset break below this level, it could signal a further downward movement, possibly targeting the $0.1102 range and other lower levels.<\/span><\/p>\n

TRX’s price was trading at approximately $0.139 and was up by 1.35% with a market capitalization of over $12 billion and a trading volume of over $252 million as of the time of writing. In the last 24 hours, the asset\u2019s market cap has increased by 1.36%, while its trading volume has increased by 14.86%.<\/span><\/p>\n

\"TRON\"
TRX trading at $0.1363 on the 1D chart | Source: TRXUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The Price of TRON is currently approaching a crucial resistance level at $0.1443, with bulls regaining dominance after a brief pullback that bottomed out at $0.1310. As the bulls continue to push the price of the crypto asset higher, it has drawn the attention of investors and market analysts alike, with the question of whether this upward momentum can continue and push TRX beyond the $0.1443 mark, thereby setting the stage for further gains. As bullish sentiment around TRX continues to build, this article seeks to analyze its current price movements and the technical indicators suggesting sustained growth. The goal is to determine if this upward momentum can continue and propel TRON past the $0.1443 mark. Market Overview: Recent Bullish Momentum in TRON On the 4-hour chart, TRX has shown a significant bullish momentum as the price rises above the 100-day Simple Moving Average (SMA), signaling a potential bullish trend and increased market confidence level. The cryptocurrency is presently on a steady move towards the key resistance level of $0.1443.\u00a0 Additionally, the signal line of the Relative Strength Index (RSI) on the 4-hour chart has successfully crossed the 50% level, moving towards the 70% level, considered to be in the overbought zone. This movement suggests growing bullish momentum, signaling that buying pressure is intensifying. On the 1-day chart, following a pullback that bottomed out at $0.1310, TRON has experienced a bullish surge, marked by the formation of several positive momentum candlesticks. Furthermore, the crypto asset’s price is trading above the 100-day SMA, suggesting an optimistic market sentiment. The signal line of the 1-day RSI indicators also has successfully risen above the 50% level, which is presently moving towards the overbought zone, suggesting that the digital asset may continue its bullish rally toward the $0.1443 resistance level. Potential Scenarios: What If TRX Breaks $0.1443? TRON is currently bullish, targeting the key resistance level of $0.1443. A successful breakout above this resistance could signal further gains, potentially pushing the asset toward its all-time high of $0.1804 and beyond. If TRON\u2019s price fails to break above the $0.1443 resistance level, it may result in the price retracing toward its previous low of $0.1443. Should the crypto asset break below this level, it could signal a further downward movement, possibly targeting the $0.1102 range and other lower levels. TRX’s price was trading at approximately $0.139 and was up by 1.35% with a market capitalization of over $12 billion and a trading volume of over $252 million as of the time of writing. In the last 24 hours, the asset\u2019s market cap has increased by 1.36%, while its trading volume has increased by 14.86%. Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":632024,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[16393,14763,91599,85676,11808,11993,14262,79579],"class_list":["post-632022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","tag-relative-strength-index","tag-rsi","tag-simple-moving-average","tag-sma","tag-tron","tag-trx","tag-trxusd","tag-trxusdt"],"acf":[],"yoast_head":"\nTron Bulls Push for Breakthrough: Can TRX Surpass $0.1443?<\/title>\n<meta name=\"description\" content=\"TRON is targeting the $0.1443 level, with bulls regaining dominance after a brief pullback that bottomed out at $0.1310.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/wncen.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Tron Bulls Push for Breakthrough: Can TRX Surpass $0.1443?","url":"http:\/\/wncen.com\/all\/tron-bulls-push-for-breakthrough-can-trx-surpass-0-1443\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/all\/tron-bulls-push-for-breakthrough-can-trx-surpass-0-1443\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Tron-from-iStock.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Tron-from-iStock.jpg?fit=612%2C408"},"articleSection":"All","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["relative strength index","rsi","simple moving average","sma","tron","trx","trxusd","trxusdt"],"dateCreated":"2024-07-29T14:00:01Z","datePublished":"2024-07-29T14:00:01Z","dateModified":"2024-08-17T13:42:28Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Tron Bulls Push for Breakthrough: Can TRX Surpass $0.1443?\",\"url\":\"http:\\\/\\\/wncen.com\\\/all\\\/tron-bulls-push-for-breakthrough-can-trx-surpass-0-1443\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/all\\\/tron-bulls-push-for-breakthrough-can-trx-surpass-0-1443\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Tron-from-iStock.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Tron-from-iStock.jpg?fit=612%2C408\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"relative strength index\",\"rsi\",\"simple moving average\",\"sma\",\"tron\",\"trx\",\"trxusd\",\"trxusdt\"],\"dateCreated\":\"2024-07-29T14:00:01Z\",\"datePublished\":\"2024-07-29T14:00:01Z\",\"dateModified\":\"2024-08-17T13:42:28Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/07\/Tron-from-iStock.jpg?fit=612%2C408","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/632022"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=632022"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/632022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/632024"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=632022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=632022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=632022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}