Tron takes a Steep Upward Movement; TRX Price Hovers Around $0.016

Tron has been suffering long enough in the crypto market. The currency tried to improve, but every time it tries to climb, there comes a pullback. The result of the same brought a dramatic fall in TRX price. The traders dealing in TRX coin were devastated by the loss. The same caused a substantial loss in market cap, and thus, the currency fell from 10th position to 14th position in the list of top cryptocurrencies. Well, today, there has been a lot of improvement in the price. The upward movement has spiked the hope of improvement and growth in TRX.

Tron Price Analysis and Predictions

Yesterday, the currency started the day at $0.015607. The uptrend in the market took the TRX coin to $0.015786 by 1.13%. There was an immediate fall in price, which brought Tron to $0.015346 by 2.79%. The day closed with a slight progression of 1.04% at $0.0157. Today, there was an escalation in the coin. The price counters switched from $0.015759 to $0.016222 by 2.94%.

Tron Price
Tron Chart By TradingView

Tron had a marvelous first half of 2019 and it was also reflected a perfect momentum. After a tremendous drop, the popularity of Tron has declined. To reclaim its throne, Tron needs to keep the uptrend tight and bring back the momentum. TRX coin is currently dealing at a market cap of 1,071,015,769 USD. The ROI of TRX is at 683.02%.

There is a strong possibility that TRX coin could close the year around 0.020 USD as per our TRON Prediction. Tron would be best with short-term investment.

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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