• Tron price rallied more than 10% and tested the $0.080 resistance.
• TRX is trading inside a declining channel or a bullish flag with resistance near $0.077 on the 4-hour chart.
• If the bulls clear the $0.080 barrier, the price could rally towards the $0.085 level or even $0.090.
Tron Price Rallies 10%
Tron price gained bullish momentum above $0.0750 and outperformed Bitcoin this week, rising over 10%. TRX traded close to $0.080 and is currently consolidating gains as it trades inside a declining channel or a bullish flag with resistance near $0.077 on the 4-hour chart.
Upside Break Could Push Price Higher
If Tron’s price manages to break above the channel trend line at $0.0780, there could be an increase towards major resistance at around $0