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Price Analysis

Tron Price Analysis: Tron (TRX) Indicates A Marginal Price Plunge Since Yesterday

Tron price indicates a downtrend in the market. There was a moderate recovery in the price last week. The traders were seen regaining their trust in the coin.

Well, the coin shattered when the drop embarked in the crypto market. The altcoin market is seen taming the bulls today, but Tron is still with the bearish nature. However, there is a strong indication that the TRX coin would soon improve.

Current Statistics of Tron:

  • Tron price is trading at $0.017724.
  • The ROI is marked as 766.39%.
  • $511,348,216 is the 24-hour volume.
  • $1,185,055,039 is marked as the Market Cap.
  • Tron has circulated 66,682,072,191 TRX coins.

TRX to USD Price Comparison:

The chart is taken from TradingView on 26th August 2019, at 04:34:50 UTC.

Tron Price Prediction
Tron price chart by TradingView

Yesterday, Tron started at $0.017701. The opening hour witnessed an escalation of 0.77% from $0.0177701 to $0.017837. Further, the TRX coin escalated from $0.0179 to $0.0182 by 2.10%. Then, Tron price shifted from $0.01828 to $0.01760 by 3.72%. TRX coin closed at $0.0175 with an intraday loss of 1.12%. Today, the coin opened with a jump of 2.60%. The TRX price changed from $0.017502 to $0.017957.

Tron Price Prediction and Conclusion:

Tron is expected to close at a higher digit. The coin is also considered to have a great future. The traders can invest in the coin for a short-term. Tron is assumed to give a colossal return in the coming days. In the coming time, the hike in the price of Tron could be massive.

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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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