Tron’s TRX — Daily Analysis — January 18th, 2021

Tron’s TRX rose by 0.66% on Sunday. Following on from a 1.51% gain on Saturday, Tron’s TRX ended the week down by 7.23% to $0.03045.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.03120 before hitting reverse.

Falling short of the first major resistance level at $0.3163, Tron’s TRX slid to a late morning intraday low $0.02876.

The reversal saw Tron’s TRX fall through the 23.6% FIB of $0.0291 and the first major support level at $0.02892.

Finding support through the afternoon, Tron’s TRX revisited $0.03090 levels before easing back.

At the time of writing, Tron’s TRX was up by 0.50% to $0.03060. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02988 before rising to a high $0.03068.

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

Source: fxempire.com