Tron (TRX) has experienced a 5% surge, climbing from $0.09822 on November 6th to $0.1031 on November 20th. Over the past year, Tron(TRX) has exhibited substantial growth, with a remarkable 103% increase in its price. The positive momentum for Tron continued with its founder, Justin Sun, being recognized as the 2023 Crypto Changemaker of the Year by Benzinga, contributing to a favourable month for the token. It has also demonstrated relative stability and lower volatility when compared to the broader crypto market.
At the time of writing, TRX was trading at $0.01014.
TRX after making the low of $0.0045 (on 14th Nov 2022) has been trading in an uptrend. The asset was facing stiff resistance at the $0.085 level. The asset finally gave a breakout above the resistance and the prices surged up to $0.113. TRX witnessed some profit booking at the higher level and corrected to $0.09570. The asset has a strong support zone from $0.0955 to $0.0925. If it holds and sustains above the support zone then we may expect the bulls to resume the up move.
Key Levels:
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2 |
| $0.085 | $0.0927 | TRX | $0.110 | $0.127 |
