TRON

The post <a rel="nofollow" href="https://coinpedia.org/price-analysis/trx-price-analysis-will-this-retest-drive-trx-to-0-10/">TRX Price Analysis: Will This Retest Drive TRX To $0.10?</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
The notable uptrend for TRX price in 2023 is remarkable during this extremely volatile year, while multiple altcoins take a critical hit. As the uptrend in TRON breaks a new resistance and continues the uptrend, the momentum rally will reclaim higher levels.&nbsp; 
With the recent successful retest, the Tron price predictions hint at an uptrend to soon reach the overhead $0.10 mark.&nbsp; 
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The slightly double-bottom reversal pattern leads to a bullish breakout of the $0.085 neckline, which proved a critical resistance in 2023. Moreover, with this breakout, the TRX price continues the uptrend with a significant year-to-date growth of 62%.&nbsp; 
 Currently trading at $0.087, Tron shows an intraday fall of 0.13% but sustains above the crucial zone and maintains the breakout rally.&nbsp; 
Additionally, the recent lower price rejection that the TRX price takes from the $0.085 zone signals a successful retest of the bullish breakout. With this retest, the possibility of a positive trajectory for Tron increases significantly.&nbsp; 
Technical Indicators: RSI Indicator: &nbsp;Taking a short dip from the oversold zone, the RSI line crosses below and hints at a slight loss in bullish momentum. Nevertheless, the uptrend sustains and hints at a strong positive side.&nbsp; 
EMA: The 50-day and 200-day EMAs provide constant support to the uptrend on the daily chart, maintaining its upward momentum. The EMAs have confirmed the uptrend in Tron following the Golden Cross. 
<h2 class="wp-block-heading" id="h-will-trx-price-reach-0-10">Will TRX Price Reach $0.10?</h2> 
With the overall market taking recovery steps, the TRX price might sprint faster to the $0.10 mark than the anticipated predictions. However, the uptrend must sustain above the $0.085 mark to reach the bullish target.&nbsp; 
On the contrary, if bears dominate with overhead supply pressure, a reversal may emerge. This could challenge the bullish dominance at $0.083.

TRX Price Analysis: Will This Retest Drive TRX To $0.10?

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