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Price Analysis

Tron Price Analysis: Tron (TRX) Indicates A Price Surge In The Future; Next Target $0.04

The crypto market opened with honking horns. The day is expected to bring no good news for the intraday investors. Most of the coins are falling on the price chart. The current market cap is at $34 billion.

Tron (TRX) is also affected by the same price drop. However, if we look at the price from 10th June till now, the chart will tell a different story. The coin could be behaving as per the market trend, but the potential increase in the price of the coin is also indicated.

Current Statistics of Tron coin (TRX):

  • The coin is dealing at USD 0.033921.
  • The ROI (Return on Investment) stands at 1547.44%.
  • The 24-hour volume of Tron is marked at 768,802,776 USD.
  • The circulating supply of Tron (TRX) is 66,682,072,191 TRX.
  • The Market Cap is noted as 2,253,388,662 USD.
Tron Price Prediction
Tron Price Chart by TradingView

The currency reflects a price surge in the past 30-days chart. Tron price was at $0.02924 on 10th June. The coin escalated to $0.03359 from the opening price. The progression marked was of 14.86%. The coin kept moving up on the chart. The major jump was registered when the coin reached to $0.039949 from $0.032881. This time the progression was of 21.50%. Later, the coin slipped from $0.039286 to $0.030205 by 22.91%. July opened with a downfall of 3.67% as the price changed from $0.031760 to $0.030593. However, the coin kept moving up and is now at $0.033921.

TRX to USD Price Comparison:

The coin changed from $0.029244 on 10th June to $0.033921 on 10th July. The change in price was of 16.11%. The last 10 days have also registered a progression in price. The counters changed from $0.031 to $0.033 by 6.99%.

Tron Price Prediction and Conclusion:

Tron (TRX) is expected to rise on the chart for the coming period. By the end of 2019, Tron (TRX) could be seen hovering around $0.05.

The future prospect seems to flourish with the coin. The traders can dig in and book profits.

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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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