Price Analysis

Tron Price Analysis: Tron (TRX) Price Experiences Hefty Loss; Coin Hovers at $0.021

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Tron Ecosystem has always tried to keep the TRX price up. The same has often worked for the coin, but there were also times when it got backfired. Recently, Tron price got backfired when lunch with Warren Buffett, suddenly postponed.

The coin is currently at $0.021900. There are chances of improvement in the coin, but the same would take place in the upcoming weeks.

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TRX to USD Price Comparison:

The chart is taken from TradingView on 28th July 2019 at 04:05:18 UTC.

Tron price chart - july 28
Tron Chart By TradingView

Looking at the 5-day Tron chart, the coin is indicating downward movement. TRX coin opened at $0.02643 and fell till $0.02226 by 15.79%. Later, the coin picked from $0.022261 to $0.025722 by 15.63%. TRX coin further fell from $0.02572 to $0.02281 by 11.29%. Later, the coin kept the price around $0.025. Yesterday, Tron opened at $0.02358. Then, TRX price fell to $0.02158 by 8.48%.

Summary of Tron:

  • Tron price is dealing at 0.021900 USD.
  • ROI stands at 976.68%.
  • The Market Cap is marked as 1,472,690,228 USD.
  • 24-hour volume is noted as 496,461,327 USD.
  • Circulating Supply is 66,682,072,191 TRX.

Tron Price Prediction and Conclusion:

Tron has reflected heavy downfall in the price. TRX coin is expected to recover in the price in the coming weeks. The traders are recommended to hold tight and keep their faith alive in the coin. The coin is expected to touch $0.065 by the end of 2019. The long term investment would give high returns to 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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