Price Analysis

Tron Price Analysis: Tron (TRX) Price Retains At 0.032 USD

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Tron (TRX) is experiencing heavy fluctuation in price. Amid all the escalations and regressions, the coin has maintained its level at $0.032. The coin has not dropped below the counter, and hence, the traders are quite impressed by the cryptocurrency.

The coin is expected to show a flourishing result in the coming time. The month of July holds vital importance as the parent company will be seen settling business fortunes with big forces.

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Let’s have a look at the price chart of Tron:

Tron/USD Price Chart:

The chart is taken from TradingView on 4th July 2019, at 11:37:42 UTC.

Tron Price Chart - 4 July
Tron Price Chart

Summary of the statistics:

  • The price of Tron (TRX) is at USD 0.032553.
  • The market cap is marked at USD 2,170,713,381.
  • The 24hr volume of Tron is noted as USD 681,553,490.
  • The circulating supply is at 66,682,072,191 TRX.
  • The coin is at the 10th coin in the crypto market.
  • The ROI of Tron is 1487%.

Looking at the intraday chart, the coin registers a drop. The coin opened at $0.03295. The coin dropped from the level to $0.03251. The registered drop is by 1.33%. Later the coin recovered by 2.59% from $0.0321 to $0.0329. The coin registered an aggregate loss of 2.03% from the opening price to the current price. The coin is currently dealing at $0.0324.

Tron Price Prediction and Conclusion:

Tron is expected to deal in high digits in the month of July. The brain behind Tron (TRX) will be sitting on a round table. The result of the meeting is anticipated to be flourishing. The short term investment in Tron will be more result giving than that of the longer term. Tron is expected to touch $0.040 by the end of July. By the end of 2019, Tron would be at $0.05.

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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