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Price Analysis

TRON Price Analysis: Tron (TRX) Price Takes Deeper Dig; Down to $0.027

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The crypto market is finding many of its coin in deep waters. Tron (TRX) is one of them. A few days back, TRX was handling the market pressure extremely well. The coin kept the price to $0.032 or $0.031. But, the currency has lost the momentum and is currently dealing at $0.027. The loyal traders of Tron believe the coin has a high prospect of recovery in the future. We are also positive about the same.

Yesterday, the coin touched a high at $0.029647 and a low at $0.027633. The coin recorded $432,108,330 as the volume on 13th July.

Let’s have a look at the Tron chart.

Tron to USD Price Chart:

The chart is taken from Trading View chart on 14th July 2019, at 09:59:47 UTC for price analysis.

Tron Price Chart - 14 July

Yesterday, the coin opened at $0.029. The coin immediately slipped from $0.029 to $0.027. The downfall was of 5.59%. There was another fall of 1.26%, which took the price from $0.0276 to %0.0274. Towards the closing time, there was an upsurge recorded. The coin jumped back to $0.028 from $0.027 by 3.59%. The coin closed at $0.028. The intraday loss was marked as 4.10%. Today, the coin booked a subsequent growth of 3.17% as the coin opened at $0.028 and went up to $0.029. The coin started falling at 9:44 UTC. The fall was of 4.87%. The digits changed from $0.028 to $0.027.

Particulars Tron (TRX)
Rank10
Price$0.028126
Market Cap$1,875,501,360
24hr volume$393,848,099
ROI1271.17%
Circulating Supply66,682,072,191 TRX

Tron Price Prediction and Conclusion:

The CEO of Tron Foundation, Justin Sun, believes that Tron Coin has a very good waiting ahead. Thus, the brains behind the cryptocurrency have announced buyback. The investors will be seen drawing high dividends with the coin.

By the end of 2019, TRX to USD is expected to cross $0.070. By 2020, Tron could deal around $0.10. The long term plan with the coin will give a huge return to the investors.

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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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