Price Analysis

Tron Price Analysis: Tron (TRX) Reflects Progression By 24%; Third Quarter Holds High Hope

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The market is back with the bulls. Almost, all the top trading coins are surging. The traders are eyeing for a flourishing day. We also believe that the day will give a good result for the Tron traders. The coin has a high prospect of climbing to a higher counter in the coming time. The coin touched the lowest of the month yesterday. Today’s upsurge can help traders to recover the recent loses.

Current Statistics of Tron:

  • TRX price is at 0.025278 USD.
  • The circulating supply has 66,682,072,191 TRX.
  • Tron 24-hour volume is marked as 548,301,355 USD.
  • The Market Cap is noted as 1,685,586,338 USD.

Tron to USD Price Comparison:

The price chart is taken from TradingView on 16th July 2019 at 03:20:44 UTC.

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Tron Price Prediction
Tron Price Chart by TradingView

Looking at the Tron chart, Coin opened at $0.020 at the beginning of the year. The coin climbed up to $0.02656 and booked an escalation of 32.13%. Later, during February the coin dropped from $0.02656 to $0.02388. The fall was of 9.91%. April kept Tron price at a moderate level. The coin changed counters from $0.02541 to $0.02517. The change was of 0.75%. May was a power-packed month. The upsurge recorded was of 50.18% as the coin went up from $0.025178 to $0.037715. June brought the price down from $0.037715 to $0.03264. The regression marked was of 13.32%. The coin kept falling in July too. The fall marked within the 15 days is of 23%. The price shifted from $0.03269 to $0.02493.

Tron Price Prediction and Conclusion:

Tron will soon climb the ladder of success. TRX coin has started the recovery. We are positive that the coin would keep the price at the same pace and will yield result. By the end of 2019, Tron is speculated to cross $0.070. The long-term investment seems to give the best returns.

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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