Price Analysis

Tron Price Analysis: Tron (TRX) Price Breaches $0.025 in Two Days; Price Upsurge in the Market

Tron (TRX) price is fuelling the bull on the intraday chart. The coin crossed $0.025 in just two days. The current momentum of Tron (TRX) price is amazing. If the coin continues with the same momentum, then Tron would recover the drop soon.

We are quite positive about the coin’s future in the crypto market. The currency is anticipated to break all previous counters. Yesterday, Tron touched the high at 0.026107 USD and a low at 0.022420 USD. The volume of Tron on 18th July 2019 was 610,044,767 USD.

Current Statistics of Tron:

The chart is taken from Trading View on 19th July 2019 at 07:17:25 UTC for price analysis.

Tron price chart July 19
Tron Price Chart by TradingView

Yesterday, the coin opened at $0.022. The coin took two leaps. First, the price of the coin skyrocketed from $0.022 to $0.023 by 6.08%. Next, the leap took a price from $0.022 to $0.025. This time the escalation was 11.65%. The coin closed at $0.025. The intraday profit was of 13.68%. Today, the coin is experiencing downtrend, but the same isn’t going to last for a long time. The counters changed from $0.02566 to $0.02500 by 2.37%.

Tron Price Statistics:

Particulars Tron (TRX)
Price0.025684 USD
Rank11
ROI1152.12%
Market cap1,712,656,887 USD
Circulating Supply66,682,072,191 TRX
24hr Volume591,577,163 USD

Tron Price Prediction and Conclusion:

The traders are quite interested in Tron. The reason behind the same is the intraday recovery in the coin. The currency would keep climbing in the market for quite some time. The future of the coin also holds a high prospect of upsurge. The coin is likely to cross $0.060 by the end of the year.

The investors should go for long term investment plan with Tron (TRX) in order to draw huge dividends in the future.

Tags

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.
Back to top button
Close