Tron’s TRX — Daily Analysis — January 11th, 2021

Tron’s TRX fell by 4.01% on Sunday. Partially reversing a 13.6% rally from Saturday, Tron’s TRX ended the week up by 11.6% to $0.03283.

A bullish start to the day saw Tron’s TRX rally to a mid-morning intraday high $0.03717 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.03705 before sliding to a late intraday low $0.02952.

The sell-off saw Tron’s TRX fall through the first major support level at $0.03025.

Steering clear of the 23.6% FIB of $0.0291, Tron’s TRX before briefly revisited $0.034 levels.

A bearish end to the day, however, saw Tron’s TRX slide back to end the day at $0.032 levels.

At the time of writing, Tron’s TRX was down by 3.07% to $0.03182. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.03329 before falling to a low $0.03069.

Tron’s TRX left the major support and resistance levels untested early on.

Source: fxempire.com