Tron Flattened by 5.5% Overnight; Bleak Chances of Recovery for Now

Tron has become one of the largest victims of the current market slowdown on the last day. It has decreased by almost 5.5% in this period, and now its value is roaming at 0.0145 USD. Here is an analysis of the four significant price changes of Tron over the last one day.

Tron Price Analysis and Predictions

TRX coin faced a price correction right at the opening of the day between 00:11 and 06:51 UTC, and in this period, Tron lost 5.55% to be placed at $0.01490. After the next few hours of volatility, the TRX coin took another fall and cut down 4.42% by 16:07 UTC. It was followed by a decent yet not enough growth of 1.73%, which had a break at $0.01505103. The third swing added an overall value of $0.0002. The latest swing was a decrease in the Tron price by 3.10%, and it happened between 00:02 UTC and 05:24 UTC today. This shifted the TRX price from $0.01497373 to $0.01451252.

Tron has lost big in the last day, and this is not likely to stop anytime soon. And as per TRX Coin Price Prediction, the coin may face the next support at 0.0143 USD, and the medium-term of the coin is expected to be bullish. These are the next probable resistance and support for the coin