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Price Analysis

Tron Price Analysis: TRX Moves Downward Today; Traders Still Hold Hope For Improvement In Price

Tron price was seen suffering from quite a long time. The coin was spotted improving from last week. Well, the scenario is exactly contrary to what it was yesterday. The opening hours were quite accelerating, and now, the TRX coin is trading below the baseline. Let’s have a look at the Tron price chart.

Current Statistics of Tron:

  • TRX price is trading at $0.017900.
  • ROI stands at 772.42%.
  • The Market Cap is noted as $1,193,300,472.
  • Circulating Supply is at 66,682,072,191 TRX.
  • The 24-hour volume is marked as $469,893,103.

TRX to USD Price Comparison:

The chart is taken from TradingView on 24th August 2019, at 04:48:34 UTC.

TRX Price Prediction
TRX Price Chart by TradingView

Yesterday, the TRX coin opened at $0.017563. The coin escalated to $0.018087 by 2.98%. The escalation continued. Tron price jumped from $0.017910 to $0.018325 by 2.32%. For the rest of the day, the TRX coin was seen around $0.018 mark. The coin closed with a profit of 3.20% at $0.018127. Today, the coin opened with an escalation of 0.42% and reached $0.018203. Later, the Tron price fell from $0.018203 to $0.17829 by 2.04%.

Tron Price Prediction and Conclusion:

TRX coin was trading upwards from the last couple of days. The traders were quite impressed by the momentum of the coin. We were expecting Tron to continue the upward movement. Well, the expectations are still intact.

The coin has a high prospect of escalation by the end of the year. Tron would be best suited for long-term traders.

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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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