Tron Price Analysis: Tron (TRX) Is back to the red zone and seems like it might drop a little more!
Did you hear? TRON recently acquired 3.5 million accounts in just 417 days! Well, this might be a moment of celebration for TRON community; however, the performance must be improved too! We are hoping that this might happen soon.
Finally! 😍 https://t.co/yCpwYVNbOh
— H.E. Justin Sun🌞🇬🇩🇩🇲🔥₮ (@justinsuntron) August 17, 2019
Current Statistics of Tron:
The value of TRX is trading at $0.0169 at 03:36 UTC on 18th August 2019, which seems to be dropping a little further this day. The major other factors in the chart are calculated as:
- Market Ranking: @14
- Return of Investment: 725.32%
- Total supply/Circulating Supply: 99,281,283,754 TRX/ 66,682,072,191 TRX
- Market Cap Value: 1,128,882,971 USD
- 7 Day high/low: 0.021151 USD / 0.016542 USD
TRX to USD Price Comparison:
Yesterday, initially the value was seen trading in the red zone at 05:30 UTC with the trading value of $0.0168. Then the value increased by 2.64% at 13:46 UTC with the value trading at $0.01724. The value dropped after that by 3.18% to the lowest touch down of $0.0167 at 18:03 UTC. After that the value increased by 1.78% yesterday at 22:46 UTC with the trade changed to $0.0169. The value as of now is slightly dropped by 0.6% from then.
Tron Price Prediction and Conclusion:
TRON is fluctuating in the bearish zone, which might be a little concern as of now. The main question is when TRON will slide to the profit zone? As per TRON Predictions, it seems that traders might have to bear some patience to enjoy some returns in the TRON network. Meanwhile, they might want to work upon avoiding any losses if the value is dropped every day. The resistance support level might help them with the same:
R3: 0.017848
R2: 0.017594
R1: 0.017267
Pivot Point: 0.017013
S1: 0.016686
S2: 0.016432
S3: 0.016105
