TRON price predictions 2018: The cryptocurrency is increasing in value consistently – US…

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 at 0.05076. Stronger selling pressure could take the crypto up to the 61.8% extension or the 78.6% extension, 0.05400.

RSI is also moving up showing that there’s still some purchase pressure left. This could be quite enough to keep the bulls under control until Tron’s price…