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Price Analysis

Tron Price Analysis: Despite Hefty Drop in TRX Price, Last 3 months Reflects an Upsurge

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  • Tron (TRX) climbs by 10.34% in the last 3 months.
  • The upcoming ventures in Tron indicate a brighter future.

Currently, Tron (TRX) is reflecting the bearish trend in the market. The coin is showing no sign of recovery in the current price. The intraday chart is expected to remain boring.

Current statistics of TRON:

The price analysis of Tron chart is taken from Trading View on 13th July 2019, at 03:34:08 UTC.

Tron price chart - july 13

Looking at the 3-month price chart, the coin opened at $0.026. The coin marked two jumps in the coin in May month. The first took the price up from $0.022 to $0.032 by 45.45% and second escalated the price from $0.027 to $0.036.This time the escalation was of 34.80. June month recorded the highest mark of $0.040. The entire month remained satisfactory. July opened with a moderate movement at $0.032 but later fell to $0.029. The regression marked was of 10.40. However, the drop couldn’t affect much. The coin is at 10.34% upsurge if we compare the current prices $0.029 from $0.026.

Particulars Tron (TRX)
Price0.028769 USD
Rank10
ROI1302.49%
Circulating Supply66,682,072,191 TRX
24hr volume526,932,088 USD
Market cap1,918,345,458 USD

Tron Price Prediction and Conclusion:

Tron ecosystem is planning to enter in many high prospect business ventures. The same will widely affect the price of TRX. Justin Sun, CEO of Tron Ecosystem, has many times disclosed his plans on social media.

The traders are eyeing for an upsurge in the coin. We are positive that the rise will soon take the prices up. The coin is expected to lay good result for long time investors.

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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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