Tron Price Analysis: Tron Price Dropped by More Than 20% in the Past 4 Days

Tron has recently partnered with OnTrade1. The listing of TRX coin will be available from 26th July 2019. Well, that might bring a change in the capitalization.

TRX to USD Price Comparison

Tron is currently trading at $0.023109 at 05:25 UTC on 24th July 2019. The other essential factors are calculated as:

  • Return of Investment: 1129.77%
  • Total supply / Circulating Supply: 99,281,283,754 TRX / 66,682,072,191 TRX
  • Market Cap: 1,682,086,806 USD
  • 7 Day high/low: 0.030722 USD / 0.020564 USD
Tron price chart - july 24
Tron Chart By TradingView

In the past 5 days, Tron price was initially seen at the lower point on 19th July at 09:10 UTC at $0.024889 trading value. The value escalated by 22.90% on 20th July at 22:05 UTC with a trading value of $0.030589. TRX price, however, drooped by 11.18% on the next day, 21st July at 17:05 UTC with a trading value of $0.027169.

Tron price on 22nd July saw an escalation again by 9.45% at 02:55 UTC trading at $0.029713. The price dropped again by 25.60% on 23rd July at 15:25 UTC trading at $0.022182, which was the lowest in the past one week. In a few hours, however, the value escalated slightly by 15.78% at 20:05 UTC with $0.025683 trading value. The price from then is dropped by 9.81% as of now. Find more details about TRX Forecast from our forecast pages. Find more information about TRX forecast from our forecast pages.

Tron Price Prediction and Conclusion

Tron is depicting strong bearish nature. This might be a good time for the traders to ‘buy’ more TRON currency and hang in there for a while. It might take a little time for better returns, but the hopes are high!

The resistance & support levels for a safer bid are calculated as:

Resistance Levels: $0.026815, $0.029267 and $0.031629

Support Levels: $0.022001, $0.019639 and $0.017187

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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