Price Rally In Tron (TRX); Indicating An Uptrend In The Future

Tron (TRX) price is steady and climbing up in the crypto market. The coin is currently trading at $0.033, and despite the many altcoins crashing at the same time, Tron is continuously moving up.

The said momentum has caught many eyeballs. The traders are turning towards coin and are interested in investing in the coin. As per the recent news, decentralized apps aka Dapps counters of Tron (TRX) have gone up from 485 to 495. The difference between the two is exactly 10. The same indicates that Tron has now gained quite a buzz.

Price Rally In Tron (TRX); Indicating An Uptrend In The Future

Let’s have a look at the 8hr market chart of Tron.

Current Statistics of Tron (TRX):

Trading View chart is taken on 29th June 2019, at 10:36:36 UTC for price analysis.

Tron Price Chart - 29 June
Tron Price Chart

Today, at 02:00 UTC, the price of Tron was marked as $0.0323. The coin fell till $0.0322 and registered a drop by 0.78%. However, Tron (TRX) recovered from the given level and jumped till $0.033. The hike marked at this level was about 3.29%. Between 05:30 UTC and 09:30 UTC, Tron (TRX) again fell from $0.0332 to $0.0329 and marked regression of 0.90%. The coin is presently trading at $0.0336. The growth in price is about 2.09% from $0.0329.

Summary of the statistics:

  • The current trading price of Tron (TRX) is $0.033617.
  • The 24hr volume of Tron is marked as $943,053,728.
  • The coin is at the 11th rank in the crypto market.
  • The market capitalization of Tron is $2,247,862,123.
  • The circulating supply of Tron is 66,682,072,191 TRX.
  • The Return on Investment (ROI) is at 1543.40%.

Tron Price Prediction and Conclusion:

Tron is dealing with good momentum, and the future of the coin is likely to be the same as per TRON Price Forecast. The current scenario is the perfect time to enter the market so that one could book huge dividends in the future.

The anticipation about the coin is high because of the ongoing popularity of the coin which has taken the counters of Dapps up. The long-term investment is more enticing than the short-term investment as the coin seems to be quite promising in the future with a trading value of $0.05 by the end of 2019.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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