Tron cryptocurrency price can be expected to rise further to the next key resistance level 0.3900 (target price for the completion of the active impulse wave 3)
- Tron broke resistance zone
- Likely to rise to resistance level 0.3900
Tron cryptocurrency recently broke the resistance zone lying between the key resistance level 0.3700 and the resistance trendline of the sharp daily up channel from March, as can be seen from the daily Tron chart below). The breakout of this resistance zone accelerated the active short-term impulse wave iii, which belongs to the strong impulse sequence 3 of the extended upward impulse wave 3 from the end of April.
Given the clear daily uptrend and the strongly bullish sentiment affecting the Tron cryptocurrency at the moment, the price can be expected to rise further to the next key resistance level 0.3900 (target price for the completion of the active impulse wave 3) – which if broken can lead to further gains to the next major resistance level 0.4000.
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