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Price Analysis

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

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 Buffet. The brain behind Tron wanted to introduce blockchain and cryptocurrencies to Buffet.

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)
Price0.024940 USD
Rank11
ROI1122.18%
Circulating Supply66,682,072,191 TRX
Market Cap1,671,709,056 USD
24-hour Volume657,751,448 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.

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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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