Tron Price Analysis: Tron Price Deals At $0.016; TRX Facing A Tough Phase

Tron price was around $0.029 during the beginning of the month. The price has dropped to $0.0016 in the last 15 days. The traders are losing hope from Tron coin. The market cap has also slipped.

The massive fall in the Tron price is not indicating a recovery in the coming days. We are expecting TRX price upsurge soon.

TRX to USD Price Comparison:

The chart is taken from TradingView on 16th August 2019 at 05:23:53 UTC.

Tron Price Prediction
Tron Price Chart by TradingView

The coin started with an upsurge on 10th August. TRX price jumped from $0.01968 to $0.020725 by 5.32%. On 11th August, the coin price kept moving up. The price moved from $0.020725 to $0.020793 by 1.18%. On 12th August, the price kept it tight around $0.0207 mark. Tron price drop started on 13th August. The price changed from $0.020782 to $0.020523 by 1.03%. On 14th August, the coin fell from $0.020523 to $0.017617 by 14.16%. TRX price is currently dealing at $0.016800.

Current Statistics of Tron:

Particulars Tron (TRX)  
Price 0.016800 USD
ROI 723.30%
Rank 14
Market Cap 1,126,111,483 USD
24-Hour Volume 496,302,924 USD
Circulating Supply 66,682,072,191 TRX

Tron Price Prediction and Conclusion:

TRX coin has been dropping from quite some time now. There were few recoveries in the coin, but couldn’t sustain. As per the TRX Coin Price Prediction chart and past data, it is anticipated that TRX coin will take time for the upsurge. The traders are recommended to stay put until there is a visible upsurge in coin. The traders interested in investing in Tron should hold their investment for some time.

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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