Tron’s price is steadily making its way up, and the Fib extension tool shows the next upside targets. So far, all the tech indicators are hinting at the idea that more gains are on their way to Tron.
Technical indicator signals
The 100 SMA went above the longer-term 200 SMA in order to confirm that the path of least resistance is to the upside. Long story short, it’s more likely to climb rather than to fall. Tron’s price formed and confirmed an inverse pattern to signal that there’s an uptrend on its way.
The appliance of the Fibonacci extension tool unveils the nest upside targets. Tron’s price managed to already surpass the 38.2% extension, and it’s closing in on the 50% extension. Stronger selling pressure could take the…