Tron Price Analysis: Tron (TRX) Price Momentum Prospects Good Month Ahead

Tron (TRX) is moving ahead with good momentum in price. In the past two days, when the entire market was crashing down, Tron was among the few coins that maintained its momentum and did fell with a hell volume.

The coin is reflecting a good momentum in the price of the coin. The said improvement is expected to last for quite some time. The upcoming months are anticipated to give good results on the chart. The traders are also gazing at the price chart of Tron with high hopes.

Let’s have a look at the current statistics of Tron (TRX).

TRX Current statistics:

The Tron chart is taken from Trading View on 30th June 2019, at 04:51:10 UTC for price analysis.

Tron price chart - june 30

The price of the coin started at $0.0334 in the yesterday chart. The first few hours were not good for the coin as it fell from $0.033 to $00032. The regression marked was 4.22%. However, at 05:44 UTC, the coin touched $0.0334 again. From this point, Tron (TRX) started walking upward. The major hike in the coin took place when Tron jumped from $0.033 to $0.035. The growth was 5.23%.

Today also a similar movement in the chart is indicated. The coin opened at $0.035 and dropped to $0.034 in the first hour marking regression of 1.84%. The coin is currently at $0.034 and trying to hold itself.

Particulars Tron (TRX)
Price (TRX to USD) $0.034573 USD
Market Capitalization 2,303,864,345 USD
Circulating supply 66,682,072,191 TRX
Rank 10
Return on Investment 1584.35%
24hr volume 960,169,517 USD

Tron Price Prediction and Conclusion:

At present, the coin is dealing with a slight drop. Soon, an upsurge in price will be observed in the coin. The intraday traders are anticipated to book profits in the chart again.

As per TRON Forecast, the coin is expected to keep its momentum same for some time. The coming month is also promising good results as the parent company of Tron will be entering into a huge business.

The short term period and long term period of the coin is assumed to be good. The investors can dig in for huge dividends.

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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