TRX price action indicates a bullish trend for 2023 with a year-to-date growth of 48.45%.
TRX faced resistance at $0.085, leading to a pullback to the 200-day EMA.
The price action suggests a potential inverted head-and-shoulder pattern.
A recent bullish reversal has pushed TRX to $0.080, with an intraday pullback of 0.49%.
Technical indicators like the RSI and MACD both show bullish trends.
If buying pressure persists, TRX might surpass $0.085, creating a new swing high for 2023. However, a bearish trend could challenge the bullish dominance at $0.071.
TRX faced resistance at $0.085, leading to a pullback to the 200-day EMA.
The price action suggests a potential inverted head-and-shoulder pattern.
A recent bullish reversal has pushed TRX to $0.080, with an intraday pullback of 0.49%.
Technical indicators like the RSI and MACD both show bullish trends.
If buying pressure persists, TRX might surpass $0.085, creating a new swing high for 2023. However, a bearish trend could challenge the bullish dominance at $0.071.