TRX Price Analysis for January 6

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class="views-infinite-scroll-content-wrapper clearfix"> <script type="text/javascript"> aclib.runAutoTag({ zoneId: 'knvqv7rqfu', }); </script> <div class="views-row"> <div class="article"> <span class="article__label article__label--original">Original U.Today article</span> <h1 class="article__title" data-title='TRX Price Analysis for January 6 , Category: Price Analysis ,Author: Denys Serhiichuk , Date: 06 Jan 2023 , Week: 01' data-url="/trx-price-analysis-for-january-6" >TRX Price Analysis for January 6</h1> <div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long">  <ins class="adsbygoogle" style="display:inline-block;width:728px;height:200px" data-ad-client="ca-pub-9245916885225528" data-ad-slot="4300015380"></ins> </div> <div class="something__content--square">  <ins 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onClick='gEvent("reddit","shareTop");window.open("http://www.reddit.com/submit?url=u.today/trx-price-analysis-for-january-6&text=TRX Price Analysis for January 6", "Reddit Sharing", "width=1200,height=600");return false;'></a> <a class="share__link share__link--tg" href="#" onclick='gEvent("telegram","shareTop");window.open("https://telegram.me/share/url?url=https://u.today/trx-price-analysis-for-january-6&text=TRX Price Analysis for January 6")' title="Share to Telegram"></a> <button aria-label="Copy link" class="btn--light share__link share__link--copy" onclick='gEvent("copy","shareTop");copyToClipboard(this)'></button> </div> <div class="article__author"><a class="article__author-user" href="/denys-serhiichuk"> <img width="224" height="140" alt="article image" src="https://u.today/sites/default/files/2021-08/8942.jpg" class="article__author-img" /> <div class="article__author-name">Denys Serhiichuk</div> </a> <div class="article__author-desc">Is TRX ready to bounce back?</div> </div> <div class="article__wrap"> <div class="article__sticky"> <div class="share share--sticky"> <button class="btn--light share__btn" aria-label="Share btn"></button> <a class="share__link share__link--x" href="#" onClick='gEvent("twitter","shareSlide");window.open("https://twitter.com/intent/tweet?url=https://u.today/trx-price-analysis-for-january-6&text=TRX Price Analysis for January 6", "Twtitter Sharing", "width=1200,height=600");return false;' title="Share to X"></a><a class="share__link share__link--fb" href="#" onClick='gEvent("facebook","shareSlide");window.open("http://www.facebook.com/sharer/sharer.php?u=https://u.today/trx-price-analysis-for-january-6&text=TRX Price Analysis for January 6", "Facebook Sharing", "width=1200,height=600");return false;' title="Share to Facebook"></a><a class="share__link share__link--rd" href="#" onClick='gEvent("reddit","shareSlide");window.open("http://www.reddit.com/submit?url=u.today/trx-price-analysis-for-january-6&text=TRX Price Analysis for January 6", "Reddit Sharing", "width=1200,height=600");return false;' title="Share to Reddit"></a><a class="share__link share__link--tg" href="#" onclick='gEvent("telegram","shareSlide");window.open("https://telegram.me/share/url?url=https://u.today/trx-price-analysis-for-january-6&text=TRX Price Analysis for January 6")' title="Share to Telegram"></a> <button class="btn--light share__link share__link--copy" onclick='gEvent("copy","shareSlide");copyToClipboard(this)' aria-label="Copy link"></button> </div> </div> <div class="article__body"> <div class="article__main"> <div class="article__main-head"> <div class="article__short"> <div class="humble article__short-humble"> <div> <a href="/crypto-coins-prices-predictions" hreflang="en">Price Analysis</a> </div> </div> <div class="humble article__short-humble"> Fri, 6/01/2023 - 20:00 </div> </div> <div class="article__main-btns"> <div class="article__fontSize"> <div class="btn--light article__fontSize-toggle"></div> <div class="article__fontSize-menu"> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-small"></div> </div> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-medium"></div> </div> <div class="article__fontSize-item"> <div class="article__fontSize-btn" data-size="article-large"></div> </div> </div> </div> <div class="article__listen"> <audio class="article__listen-audio" src="/tts/?page=38133" preload="none"></audio> <button class="btn--light article__listen-btn" aria-label="Play/pause audio"></button> </div> </div> </div> <div class="article__img--wrap"> <img class="article__img" src="https://u.today/sites/default/files/styles/736x/public/2023-01/29660.jpg" alt="TRX Price Analysis for January 6"> </div> <figcaption title="https://www.tradingview.com/symbols/TRXUSD/">Cover image via <a href="https://www.tradingview.com/symbols/TRXUSD/">www.tradingview.com</a></figcaption> <div class="disclaimer"> <p class="disclaimer_text">Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.</p> </div> </div> <div class="article__gnews"> <a class="article__gnews-body" href="https://news.google.com/publications/CAAqBwgKMMy2lQsw3ZqrAw?hl=en-US&gl=US&ceid=US:en" target="_blank"> <div class="article__gnews-text">Read U.TODAY on</div> <div class="article__gnews-title">Google News</div> </a> </div> <div class="article__content"> <p>Most of the coins could not hold the bullish trend, according to <a href="https://u.today/binance-coin-bnb-price-analysis-for-january-5">CoinMarketCap's ranking</a>.</p> <p><img alt="Top coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="cad213af-f3a3-4fcd-88ec-f85a13863189" src="/sites/default/files/inline-images/top10_194.png" /></p> <h2>TRX/USD</h2> <p>TRX has lost a lot of value today, going down by 6.25% over the past 24 hours.</p> <p><img alt="TRX/USD chart by TradingView" data-entity-type="file" data-entity-uuid="687f98a3-38d1-4d6e-aac1-d7e2fed157fd" src="/sites/default/files/inline-images/trx1_0.png" /></p> <p>Despite the sharp drop, the price of TRX has set the support level at $0.04976. At the moment, the price is trying to get to the local resistance at $0.05125. If the daily closure happens near that mark, the breakout may lead to growth to the $0.052 zone.</p> <p><img alt="TRX/USD chart by TradingView" data-entity-type="file" data-entity-uuid="14263ba8-7302-4b5b-844e-26858459b5a1" src="/sites/default/files/inline-images/trx_4.png" /></p> <p>On the daily chart, the situation is entirely different. The price has declined by around 7% against the increased volume, which means that traders might have fixed their short positions.</p> <p><div class="article__related"> <div class="article__related-flame">Related</div> <div class="category-item"><a class="category-item__img-wrapper" href="https://u.today/cardano-ada-price-analysis-for-january-5"><img alt="Cardano (ADA) Price Analysis for January 5" class="category-item__img" src="https://u.today/sites/default/files/styles/300/public/2023-01/29615.jpg" width="240" height="136"></a> <div class="category-item__info"> <div class="category-item__head humble__row"> <div class="humble humble--time">Thu, 01/05/2023 - 15:38</div> </div><a class="category-item__title-link" href="https://u.today/cardano-ada-price-analysis-for-january-5"> <div class="category-item__title">Cardano (ADA) Price Analysis for January 5</div></a> <div class="category-item__footer"><a class="humble humble--author" href="/denys-serhiichuk"><img class="humble__img" src="https://u.today/sites/default/files/styles/130x/public/2021-08/8941.jpg" alt="Denys Serhiichuk">Denys Serhiichuk</a></div> </div> </div> </div></p> <p>From another point of view, there are no reversal signals yet. All in all, the more likely scenario is sideways trading in the range of $0.051-$0.052.</p> <p><img alt="TRX/USD chart by TradingView" data-entity-type="file" data-entity-uuid="3f24f6fb-8511-417d-8ebd-6ff2c0b16045" src="/sites/default/files/inline-images/trx3_0.png" /></p> <p>From the midterm point of view, the price is far away from the key levels. However, one might point out the interim support level at $0.05. If the bar closes below it, the drop may continue to the support at $0.0466.</p> <p>TRX is trading at $0.05109 at press time.</p> </div> <div class="article__panel"> <div class="article__tags btns-spacer"> <a class="btn btn--hash-tag" href="/tron-price-prediction">#Tron Price Prediction</a> </div> </div> </div> </div> <div class="article__author -hr-"> <div class="article__author-label">About the author</div> <a class="article__author-user" href="/denys-serhiichuk"> <img width="224" height="140" alt="article image" src="https://u.today/sites/default/files/2021-08/8942.jpg" loading="lazy" class="article__author-img" /> <div class="article__author-name">Denys Serhiichuk</div> </a> <div class="article__author-desc"><p>With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.<br /> Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.</p> </div> </div> <div class="something something--related"> </div> <div class="news article__news"> <div class="news__head"> <h2 class="news__title">Related articles</h2> </div> <div class="news__group"> <div class="news__item"> <a class="news__item-img--wrap" href="/crucial-shib-clear-warning-comes-from-shiba-inu-team-details"> <img class="news__item-img" src="/sites/default/files/styles/300x186/public/2024-11/54170.jpg" width="384" height="224" alt="Title news"></a> <div class="news__item-content"> <div class="news__item-head humble__row"><a href="/latest-cryptocurrency-news" hreflang="en">News</a> <div class="humble">Nov 23, 2024 - 20:00</div> </div><a class="news__item-body" href="/crucial-shib-clear-warning-comes-from-shiba-inu-team-details"> <div class="news__item-title"> Crucial SHIB 'Clear Warning' Comes From Shiba Inu Team: Details </div></a> <div class="news__item-tags"> <a href="/latest-cryptocurrency-news" hreflang="en">News</a> </div> <div class="news__item-footer"><a class="humble humble--author" href="/yuri-molchan"> <img class="humble__img" src="https://u.today/sites/default/files/2019-11/yuri-ava.jpg" width="24" height="24" alt="Yuri Molchan">Yuri Molchan</a></div> </div> </div> <div class="news__item"> <a class="news__item-img--wrap" href="/478-trillion-shib-in-24-hours-whats-going-on"> <img class="news__item-img" src="/sites/default/files/styles/300x186/public/2024-11/1000021630.jpg" width="384" height="224" alt="Title news"></a> <div class="news__item-content"> <div class="news__item-head humble__row"><a href="/latest-cryptocurrency-news" hreflang="en">News</a> <div class="humble">Nov 23, 2024 - 16:00</div> </div><a class="news__item-body" href="/478-trillion-shib-in-24-hours-whats-going-on"> <div class="news__item-title"> 4.78 Trillion SHIB in 24 Hours: What’s Going On? </div></a> <div class="news__item-tags"> <a href="/latest-cryptocurrency-news" hreflang="en">News</a> </div> <div class="news__item-footer"><a class="humble humble--author" href="/tomiwabold-olajide"> <img class="humble__img" src="https://u.today/sites/default/files/2021-11/8944.jpg" width="24" height="24" alt="Tomiwabold Olajide">Tomiwabold Olajide</a></div> </div> </div> </div> </div> <div class="something--sub"> <div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long"> <div class="sub-slot"> <div class="sub-slot__row"> <div class="sub-slot__txt"><span class="sub-slot__txt-0">Top</span><span class="sub-slot__txt-1">Crypto</span><span class="sub-slot__txt-2">News</span><span class="sub-slot__txt-3">in</span><span class="sub-slot__txt-4">Your</span><span class="sub-slot__txt-5">Mailbox</span> </div> <form class="sub-slot__form" method="POST" action="#"><img class="sub-slot__logo" src="https://u.today/themes/cryptod/img/icons/logo-light.svg" width="124" height="19" alt="U.TODAY"> <input class="input__elem sub-slot__input" type="text" name="sub-slot__email" placeholder="Your email address"> <div class="subscribe-result"></div> <button class="btn sub-slot__btn" type="submit" aria-label="Send form"> Subscribe </button> </form> </div> </div> </div> <div class="something__content--square"> <div class="sub-slot"> <div class="sub-slot__row"> <div class="sub-slot__txt"><span class="sub-slot__txt-0">Top</span><span class="sub-slot__txt-1">Crypto</span><span class="sub-slot__txt-2">News</span><span class="sub-slot__txt-3">in</span><span class="sub-slot__txt-4">Your</span><span class="sub-slot__txt-5">Mailbox</span> </div> <form class="sub-slot__form" method="POST" action="/.php"><img class="sub-slot__logo" src="https://u.today/themes/cryptod/img/icons/logo-light.svg" width="124" height="19" alt="U.TODAY"> <input class="input__elem sub-slot__input" type="text" name="sub-slot__email" placeholder="Your email address"> <div class="subscribe-result"></div> <button class="btn sub-slot__btn" type="submit" aria-label="Send form"> Subscribe </button> </form> </div> </div> </div> </div> </div> </div> </div> </div> </div> </main> <div class="aside-menu-block"> <div class="card"> <div class="card"> <div class="something"> <div class="something__title">Advertisement</div> <div class="something__nav"> <button class="btn btn--light something__close" aria-label="Close ad"></button> </div> <div class="something__content"> <div class="something__content--long">  <script type="text/javascript"> if (document.documentElement.clientWidth > 768) { if (!window.AdButler){(function(){var s = document.createElement("script"); 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