Price Analysis

Tron Price Jumps from $0.015 to $0.016; Next Target $0.017

  • Tron (TRX) rides the bulls on the intraday market.
  • The long-awaited price rally finally embarks in Tron.

Tron (TRX) price has suffered long enough in the market. The coin dropped from 10th rank and has touched 15th within two months. The traders of Tron have waited a long time for a massive upsurge.

Well, the coin has finally taken an uptrend and moving rapidly to recover from all previous losses. We are positive that the coming time in Tron would be better than what has passed. Let’s have a look at the intraday chart.

Tron (TRX) Current Statistics:

The chart is taken from Trading View on September 10, 2019, at 08:46:52 UTC for price analysis.

Tron Price
Tron Chart By TradingView

Yesterday, the coin opened at $0.015. After a slight escalation, the coin fell from $0.0159 to $0.0152 by 3.83%. Later, the coin recovered from $0.0152 to $0.0159 by 4.57%. The coin started slipping since then and closed at $0.0156 with regression of 0.43%. Today, the price of TRX changed from $0.0156 to $0.016. The progression was of 2.59%.

Summary of TRX to USD:

ParticularsTron (TRX)
Price0.015959 USD
Rank13
ROI678.00%
Market cap1,064,159,038 USD
24hr volume668,513,491 USD
Circulating supply66,682,072,191 TRX

Tron Price Prediction and Conclusion:

Tron (TRX) price would continue the uptrend for some time. We are anticipating that in coming days we would be able to see Tron touching $0.030. In the coming years, the coin would be seen hovering at $0.0060. The future of Tron seems quite promising.

The traders interested in the coin should opt for short term investment. The long term investment with Tron might hold risk. However, the short term is speculated to bring the desired result. We would also recommend the traders to diverge the investment to cut short the risk.

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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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