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Price Analysis

Tron (TRX) Price Still Struggles To Climb Up In The Intraday Trading

Tron (TRX) has been suffering in the market from quite a long time. TRX price is dropping at a tremendous speed. Moreover, the parent company, Tron Ecosystem, has been very quiet lately. The coin is relying on the market to pull it up.

Yesterday, Tron touched a high at 0.015698 USD and a low at 0.015251 USD. The volume marked on yesterday’s chart was 467,796,844 USD.

Tron to USD Price Comparison:

TRX price chart is taken from TradingView on 1st September 2019 at 04:49:55 UTC.

Tron Price Prediction
Tron Price Chart by TradingView

Looking at the above chart, the TRX coin is reflecting a marginal fall in the price. Yesterday, Tron opened at $0.015577. The price jumped from $0.015577 to $0.015697 by 0.79%. TRX coin couldn’t hold itself at the level and fell. The price slipped from $0.015697 to $0.015398 by 1.90%. Later, the Tron price took another deep drive. TRX coin price fell from $0.015599 to $0.015186 by 2.65%. The coin escalated from $0.015186 to $0.015633 by 2.94%. The intraday progression was of 0.37% as the coin closed at $0.015633. Today, Tron opened with a slight jump, but later fell. The drop was of 0.52% from $0.015633 to $0.015552.

Current Statistics of Tron:

  • Tron price is trading at $0.015594.
  • ROI is marked as 659.49%.
  • 24-hour volume is at $468,526,502.
  • The Market Cap is noted as $1,038,842,388.
  • Circulating Supply has 66,682,072,191 TRX.

Tron Price Prediction and Conclusion:

The intraday traders are losing hope. There has been a massive change in the market cap. TRX coin was at the 10th position at the beginning of the third quarter, and now it is at 14th rank. Today, there are positive indications that the Tron price might close with a positive digit. The last month of the third quarter has started. The first two months of the quarter brought quite a disappointment. However, we would recommend the traders to stay put. It would be best to invest in the Tron when there is a visible positive movement.

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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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