Price Analysis

Tron Price Analysis: TRX Price Hovers At $0.04, Upsurge In Charts

Tron price is currently dealing near $0.04. The price is anticipated to rise in the next few hours. The intraday traders will be seen drawing profits today. The coin was seen swimming in the high waters yesterday.

The coin is pointing towards a brighter future. The marketers believe Tron will be seen above $0.050 in the coming months. The short term and long term investors can dig in the coin for greater dividends.

From last one month, the coin has been performing well on the charts. The momentum of TRX has drawn many investors towards themselves.

Let’s see what’s in the chart today.

TRX Current Statistics:

The price of Tron chart is taken from Trading View on 25th June 2019, at 11:12:53 UTC.

Tron price chart - june 25

 Tron Coin Summary:

  • The price of Tron is 0.039317 USD.
  • The Return on Investment of Tron is 1,816.73%.
  • The 24-hour volume of Tron is at 995,792,757 USD.
  • The Market Cap of Tron is noted as 2,621,726,982 USD.
  • The circulating supply of Tron is at 66,682,072,191 TRX.

Today the market opened at $0.038. With a slight hike, Tron fell by 2.32% in the first hour of the day. The price dropped from $0.0389 to $0.0380. The coin took a few hours and jumped to touch $0.039. The escalation noted from $0.0380 to $0.039 was about 5%. If look closely, the coin is making the shape of a double top in the graph at $0.039. Usually, the double top shape is an indication that there would soon be a price surge in the coin.

Tron Price Prediction and Conclusion:

Tron is currently dealing at $0.039. The coin is not moving up, but we are expecting that the coin will end before the day ends. The year for Tron (TRX) would end at $0.06. The coming years are likely to remain positive.

The long term and short-term investors can go for Tron for drawing high dividends in the future.

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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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