Price Analysis

Tron (TRX) Records a Marginal Drop of 0.97% Overnight

Tron has not been able to fetch any significant growth in the last 24 hours; rather, it has witnessed an overall 0.97% decline in the value. The three price variations in this period have been in the range between 0.0193 USD and 0.0185 USD.

Tron (TRX) Price Analysis:

TRX coin’s first swing started at the opening of the day, and over the next 10 hours and 4 minutes, it was down by 4.19% to 0.01855 USD, the lowest for the day. It was followed by a 3.53% hike that added 0.00065 USD to the value and helped Tron price to reach 0.01921 USD by 18:50 UTC.

The last variation happened between 20:53 UTC and 02:14 UTC and in these 5 hours and 21 minutes, TRX price gained 0.0003 USD to touch 0.01927935 USD.

TRX Price Chart
TRX Chart by TradingView

The Market Cap, however, has shown an inclination over the last 24 hours.  Between November 11 and 12, the Market Cap has risen to 1.282 billion USD from 1.273 billion USD. The 20 days average of TRX coin stands at 0.019221 USD, and the 50 days average is now at 0.01918 USD. As per the current trend, Tron price may trade upwards in the near-term.

Tron (TRX)Resistance and Support Levels
1st Resistance$0.01942
2nd Resistance$0.01974
3rd Resistance$0.02008
1st Support$0.01875
2nd Support$0.01841
3rd Support$0.01809
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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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