Price Analysis

Tron Price Analysis: Tron (TRX) Coin Suffers, The Future Still Holds Hope

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Tron (TRX) is currently falling in the market. The coin is showing no sign of price recovery. Well, we do not stand with the speculation. Tron has a high prospect to rise in the future. We are saying all this because of the recent activity.

The CEO of Tron Ecosystem, Justin Sun, took participated in a charity event. He donated $4,567,888 for the cause and shared lunch with Warren Buffett. The brain behind Tron wanted to introduce blockchain and cryptocurrencies to Buffett.

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The same is expected to result in favorably. Let’s have a look at the chart.

Current Statistics of Tron:

The chart is taken from TradingView on 15th July 2019 at 03:26:37 UTC.

Tron Price Prediction
Tron Price Chart by TradingView

The chart is reflecting steep movement in TRX price. The coin took the price from $0.032 to $0.024. Tron opened with an upsurge. The price counters change from $0.03237 to $0.040035 by 23.67%. The currency couldn’t hold itself at the level and fell from $0.040035 to $0.030440. The fall was of 23.90%. Tron coin tried to keep is tight at the beginning of the month at $0.03237. The same took the price up from $0.032101 to $0.035695 by 11.30%. Later, the coin got caught under market pressure and slipped tremendously. The counter dropped from $0.035695 to $0.027795 and further $0.027795 to $0.024031.

Particulars Tron (TRX)
Price 0.024940 USD
Rank 11
ROI 1122.18%
Circulating Supply 66,682,072,191 TRX
Market Cap 1,671,709,056 USD
24-hour Volume 657,751,448 USD

Tron Price Prediction and Conclusion:

Tron price is speculated to gain back the momentum very soon. The brains behind the TRX coin are trying everything to have a flourishing future. We are positive about growth too.

By the end of 2019, Tron could cross $0.070. The long-term investment will bring great results for the investors.

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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