- Tron (TRX) loses 1.12% in the last 24 hours after showing five price swings.
- The coin may take more than usual time to find a rally.
Tron, the 13th largest coin is one of the major coins which are tracked to understand the health of the whole industry. The coin is now down by 1.12% in the last 24 hours price movement. However, it has every fundamental on its back for showing a rally before 2019 ends. Let us look at the current details of the coin first to understand its movement pattern.
TRX to USD Price Statistics-
|Tron (TRX)||3rd August 06:37 UTC|
|ROI (Return on Investment)||967.90%|
|Coin Circulation||66,682,072,191 TRX|
|Market Cap||1,447,861,018 USD|
|Value in USD||0.02167707 USD|
|Value in BTC||0.00000206 BTC|
|24h Volume||369,615,136 USD|
TRX to USD Price Comparison-
Tron faced its first price swing between 00:00 UTC and 03:33 UTC and it took the coin from 0.022 USD to 0.021 USD. After a few hours of recovery, the again faced a dip in the price by 3.01% and it was followed by another phase of strengthening by 1.86%. These two variations make a perfect inverted pyramidal growth at 16:03 UTC. The fourth swing happened between 16:03 UTC and 21:03 UTC and this swing of 2.64% cost the investors 0.0005 USD. The latest swing is responsible for placing the coin near 0.0219 USD after a gain of 2.32% and the coin started with a bearish outlook today.
TRX Price Prediction-
Tron has a decent track record of growth after days of struggle. The coin’s potential hints at 0.06 USD before the start of 2020. The details of all the resistances and support levels are as follows.
|1st Resistance||0.022173333 USD|
|1st Support Level||0.021467333USD|
|2nd Support Level||0.021175667USD|
|3rd Support Level||0.020761333USD|
Before the end of the next quarter, the coin is likely to have a turnaround. The long-term investors are to be benefitted immensely if the experts’ prediction comes true.