Tron is Yet to Make Any Move Towards Recovery; Loses 4.7% Overnight

  • Tron is down by 4.7% in the last 24 hours and reached $0.01442.
  • The next resistance for TRX coin is likely to come at $0.0150.

Tron (TRX) seems to be far away from a price recovery. After the last day’s struggle, it has again lost a whopping 4.7% in the last 24 hours to be placed at 0.01442 USD. In these 24 hours, it has been through three price swings.

Tron Price Prediction:

Tron’s journey started at the very opening, and over the next 12 hours and 43 minutes, it was down by 7.76% to be placed at $0.01396058 after losing $0.0011. It was followed by another decline in the TRX coin price.

Tron is Yet to Make Any Move Towards Recovery; Loses 4.7% Overnight

Between 12:44 UTC and 16:02 UTC, it almost lost 2.04% and touched $0.01367475. From 16:02 UTC, TRX started strengthening, and over the next 8 hours, the price gained 6.94%, and it scaled as high as $0.01462352 by 00:11 UTC.

Tron to USD Price Chart
Tron Chart by TradingView

Over the last 7 days, the price trend of TRX to USD has been full of volatile fluctuations. It started the week near $0.0149, and the highest price point of the coin was at 0.0158 USD. The lowest point for TRX coin was at 0.0139 USD yesterday.

Tron’s 50-days average stands at 0.015401 USD and its 20-days average stands at 0.015654 USD. The current price trend at 0.01442221 USD is 6.35% and 7.86% less than the 50 days average and 20 days average, respectively. As per TRON Price Forecast, the coin might continue the uptrend and cross its immediate resistance of 0.0150 USD.

Resistance and Support Levels-

R1- $0.01507, R2- $0.01582, R3- $0.01640

S1- $0.01373, S2- $0.01316, S3- $0.01240

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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