Price Analysis

Tron Struggles in the Intraday Market; Touches $0.032

eToro

Tron (TRX) has been considered as one of the most trusted and profitable coins in the crypto market. The number of investors is constantly rising, and the users’ base consists of not only long-term traders but also speculators. For last few days, the coin has been stable in performance with few variations which have given ample space for the speculators earn. Here is an analysis of the coin’s performance in the last 7 hours, which would help the short-term investors a lot to reorganize their positions. Let us analyze the current details of the coin now.

Tron Price Statistics-

Tron Price Chart - 20 June

eToro Crypto
Tron (TRX) 20th June 09:53 UTC
Rank 12th
ROI (Return on Investment) 1,510.98%
Coin Circulation 66,682,072,191 TRX
Market Cap 2,201,072,565 USD
Value in USD 0.03309961 USD
Value in BTC 0.00000357 BTC
24h Volume 528,624,367 USD

TRX to USD Price Comparison-

Since 01:58 UTC, Tron has been on an up-trending path. Over the next 1 hour and 47 minutes, the coin managed to gain 1.03%. However, the growth could not be sustained, and it fell by 0.90% within the next 1 hour and 55 minutes. After a small stint of growth that happened for 27 minutes, in which the coin gained almost 0.81%, it finally got back to 0.0329 USD after dipping 2.22% in the next 3 hours and 12 minutes. The drop, however, is not final. It is on a growth trend as per the latest figures.

TRX Price Prediction-

As far as the growth path is concerned, today Tron is likely to see more variations before winding up for the day. As per our prediction, today’s ending price may see itself near 0.03350000 USD.

Conclusion-

It is a good time for the new entrants to buy fresh coins. Tron has been giving enough space for the speculators to trade in the market.

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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