Price Analysis

Tron Price Analysis: Tron and Bitcoin Venture with Opera; This may Lead to Price Surge Again

Tron (TRX) is trading with today. The coin experienced a heavy blow in the prices yesterday. The investors are hoping for an upsurge in the price so that the downfall could be recovered today.

As per the latest news, Opera has added Bitcoin and Tron on its Android app. Now, Bitcoin and Tron are expected to be seen trading on its built-in altcoin wallet app. The Android platform of Opera is dealt with in the Beta version.

The news has given some hopes to the investors. The coins might be seen regaining the lost momentum in the market in upcoming days.

TRX to USD YTD Chart:

The Tron chart is taken from Trading View on 12th July 2019, at 05:44:11 UTC for price analysis.

Tron price chart - july 12

Looking at the year to date chart, the coin opened the year with a price of $0.020. The coin jumped by 41.94% from $0.020 to $0.028. The next leap of 35.42% took the price to $0.029 from $0.021. Further, the coin dealt at $0.026. In April, the coin jumped from $0.022 to $0.031, marking a progression of 37.08%. The highest price touched by Tron (TRX) from the start of the year until now was at the onset of June with the trading price of $0.038. Later, the coin registered a fall in the ongoing month. The coin slipped from $0.035 to $0.028 and marked a fall of 20.03%. The coin has registered hike of 38.67% from trading at $0.020 to $0.028 in the last six months.

Summary of Tron to USD:

  • The current trading price of the coin is $0.028000.
  • Tron is ranked at the 10th position in the crypto market.
  • The 24hr volume of Tron (TRX) is $605,151,081.
  • The circulating supply has 66,682,072,191 TRX.
  • The market cap is at $1,908,471,556.
  • The ROI (Return on Investment) is marked as 1295.28%.

Tron Price Prediction and Conclusion:

TRX is anticipated to cross big digits in the upcoming months. The future of the coin is great. The long-term investment in the price will help the traders earn huge dividends from the investment.

The coin will be seen hovering at $0.070 by the end of 2019. Tron has high prospects in the future and sticking with the same in the portfolios will result in profitably.

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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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