Price Analysis

Tron Price Analysis: Tron (TRX) Price Drops as the Lunch with Warren Buffett Gets Postponed

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Tron price is suffering on the price chart. Enthusiasts believe that the coin started dropping after Tron Foundation tweeted the lunch postponement news.

The traders were also looking forward to the meetings. Hence, many have invested during the current downfall. Tron coin is badly affected by the news. The meeting is expected to get rescheduled at some time. Till then, the traders are recommended to hold tight.

Current Statistics of Tron:

The Tron chart is taken from TradingView on 23rd July 2019, at 10:17:22 UTC.

Tron price chart - july 23
Tron Chart By TradigView

Looking at the Tron price chart, the coin opened at $0.02924. The currency dropped from $0.02924 to $0.02738 by 6.35%. TRX coin soon climbed to $0.029980 from $0.027193 by 10.25%. The coin started falling after the coin touched $0.029980. The coin took a drop from $0.02864 to $0.026100. The regression marked was 8.87%. The intraday fall in price was 9.26%. Today, the coin opened at $0.026510. The coin slipped from $0.026510 to $0.02478 by 6.49%.

Particulars Tron (TRX)           
Tron Price 0.024593 USD
Rank 11
ROI 1098.95%
Market Cap 1,639,930,926 USD
24-hour Volume 694,597,394 USD
Circulating Supply 66,682,072,191 TRX

Tron Price Prediction and Conclusion:

The crypto market had high hopes from the meeting. Justin Sun, CEO Tron Ecosystem, announced his agenda of promoting the crypto market to Warren Buffett. However, the meeting postponement news isn’t bad, but many believe that Warren Buffett has indicated that he is not keen on investing in the crypto market. TRX coin is anticipated to cross $0.060 by the end of 2019. The long-term plan with Tron is suggested to the investors.

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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