The post <a rel="nofollow" href="https://coinpedia.org/price-analysis/trx-price-analysis-heres-how-trx-price-will-reach-0-10/">TRX Price Analysis: Here’s How TRX Price Will Reach $0.10!</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
<a href="https://coinpedia.org/price-prediction/trx-tron-price-prediction/">TRX price </a>analysis shows an overall bullish trend in 2023. The Tron coin price has a year-to-date growth of 48.45%. This leads to a strong support trendline visible in the daily chart. However, the Tron price met critical resistance at $0.085. This led to a pullback to the 200-day EMA. 
A sideways trend formed between $0.075 and $0.077 during this pullback. After a sharp V-shaped reversal from the 200-day EMA, the TRX price entered this consolidation range again. Moreover, the Tron price action mimics a potential inverted head-and-shoulder pattern with the V-shaped reversal.&nbsp; 
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 <img decoding="async" width="1024" height="463" src="https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26-1024x463.png" alt="" class="wp-image-229261" srcset="https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26-1024x463.png 1024w, https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26-768x347.png 768w, https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26-1536x694.png 1536w, https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2023/09/13133236/TRXUSD_2023-09-13_13-32-26.png 1952w" sizes="(max-width: 1024px) 100vw, 1024px">
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A recent bullish reversal allowed the TRX price to rise above this pattern. After a post-retest reversal, the altcoin price increased by 4% yesterday. It is now trading at $0.080. There has been an intraday pullback of 0.49%.&nbsp; 
The bullish breakout suggests that the Tron price might hit the resistance of $0.085. This could complete a rounding bottom pattern. Completing this pattern might lead the TRX price towards $0.10 before 2023 ends.&nbsp; 
Technical Indicators: RSI Indicator: The RSI trend remains bullish and approaches the overbought region.&nbsp; 
MACD Indicator: The MACD indicator also reflects a positive trend.&nbsp; 
<h2 id="will-trx-price-reach-0-10" data-name="will-trx-price-reach-0-10" class="wp-block-heading">Will TRX Price Reach $0.10?</h2> 
If the buying pressure continues, the TRX price might surpass $0.085. This would create a new swing high in 2023. On the contrary, if bears dominate the 50-day EMA, a downtrend may emerge. This could challenge the bullish dominance at $0.071, aligning with the 38.20% Fibonacci level.

TRX Price Analysis: Here’s How TRX Price Will Reach $0.10!

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