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TRON Price Prediction: TRX Holds Channel Support

TRON price prediction for the next week remains bullish above $0.3280, the level TRX needs to hold after bouncing off the floor of its rising channel. TRX holds its rising channel, trading at $0.33395, up 0.52% today, after an earlier dip to the channel's lower line, which runs close to the 200-day EMA at $0.3280. Price has since climbed back above the 20-day EMA at $0.33322 and the 100-day at $0.33311, and sits just under the 50-day at $0.33429, so a daily close above that level is the first step toward $0.34 and the channel midline. RSI has recovered to a neutral 50.40 from the low 30s earlier this week. With all four averages within about 2% of price, a daily close above $0.3343 or below $0.3280 will likely decide the direction for next week.

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