TRX Price Analysis: TRON (TRX) Hovers Above $0.0120, Breaks Past Triangle Structure as Network Releases Non-Obligatory Upgrade Odyssey 3.7

*TRON (TRX) hovers above the level of $0.0120 near term resistance level
*TRX/USD breaks past its triangle structure in the short and long term charts
*TRON CEO Justin Sun announced that the network has released Odyssey 3.7 upgrade

TRX/USD Daily Chart: Ranging

The RSI is rising horizontally above 40 while the pair has been publishing bullish candles in a row for 4 days consecutively. Finally, as it is TRX/USD is on the verge of reversing its momentum from bearish to bullish, the moving average 200 behaves like a magnet while drawing price upward.

On the 4-hour time frame, a similar technical situation has played out, as TRX/USD is currently trading outside its triangle structure. TRON had failed to return upward since crashing through the main support thresholds during the fall as a result of the overall crypto-crash.

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