TRX Price Analysis: Bull Mulls Upward Move On TRX/USD Following JUST Foundation Initial 10% of JST Airdrop to Tron Hodlers


*TRX/USD Bull mulls upward move towards the $0.0140
*TRX has been attempting to sustain an uptrend within an ascending trendline amid the moderate price behavior
*TRX holders will earn a sum of 10 percent airdrop of the JUST Foundation’s (JST) total supply tokens

Tron price however made significant gains from March’s crash in which it touched lows of $0.0065. TRX/USD currently dodders at $0.0129. It has adopted support beyond $0.0120 level and alignment with the daily middle curve of the MA 50 for a consolidating shift. To the positive side, the $0.0140 mark past the 50-day MA stands in the path of rebound ahead of the key resistance.

Through a technical point of view, the 4-hour RSI simply demonstrates that subsequent bullish trading may take the spotlight. TRX/USD surge beyond $0.0133 near-term barrier may rely on the capacity of short-term MA 50 curve support to stay, restricting all selling actions that aim to re-test short-term support at $0.0120. The continuous consolidation combined with the latest advance may push the price to $0.0140 level.

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