TRON (TRXUSD) Price Forecast: August 24
TRXUSD buying time is now as the price is currently skyrocketing. The bulls are putting a lot of pressure on the cryptocurrency. On the other hand, if the coin prices hold above the prior high of $0.161, the bulls’ trend would likely continue, and the upper high level of $0.170 might be reached sooner
Key Levels:
Resistance Levels: $0.140, $0.150, $0.160
Support Levels: $0.112, $0.111, $0.110
TRX (USD) Long-term Trend: Bullish (Daily Chart)
TRON turns positive today. The price is strongly trading in a bullish momentum in its higher time frame, looking nice for the coin buyers and signifies a buy signal. 
The cryptocurrency price has been above the supply trend levels since its most recent high due to the persistent bullish pressure over the last few days.
With sustained buying, the TRXUSD price challenged another resistance zone of $0.157 above the moving average as the daily chart resumes today, indicating buyers’ attempt to prolong the bullish rally as the buying time is now.
Hence, additional efforts by the bulls to retest the $0.161 previous swing high would invalidate any further bearish thesis and offer a good entry point for the coin investors.
Notably, the TRON market buying time is now as the underlying sentiment suggests an uptrend continuation in the coming days on the daily stochastic. It is expected of buyers to push the price of TRXUSD further up to a significant level and in this case, the target might be the $0.170 supply level, suggesting the buying time is now in the higher time frame.
TRX (USD) Medium-term Trend: Bullish (4H Chart)
The medium-term chart of the TRON pair shows the buying time is now as prices are above the moving averages and have confirmed a bullish momentum, breaking the previous high. 
The pair is in a smooth uptrend as can be seen from the chart below. Pressure from the bulls at the $0.155 high value in the previous action has sustained its upward stability in its recent high.
TRXUSD is losing bearish momentum as it rises to a $0.157 high level above the moving average, indicating a buying time as the 4-hourly chart begins today due to a high bullish impact on the market price.
Hence, TRON buying time is now as more upside possibility is indicated by the momentum indicator pointing upwards. We can expect more gains and strength from the coin price reaching the $0.170 upper resistance level soon, suggesting a buying time for the bulls in its medium-term time frame.
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