Price Analysis

Tron (TRX) Records Moderate Fall of 2.71% Since Yesterday


Tron price movement astounded the traders at the beginning of the year. It carried great momentum and had a bright chance to enrol itself in the group of big forces like Bitcoin, Ethereum, Litecoin, Ripple, etc. However, the TRX coin couldn’t hold itself at the level for a long time and came under market pressure at the beginning of the third quarter.

Tron Price Prediction

Yesterday, Tron price started dealing at $0.019492. The coin jumped to $0.019784 by 2.50% within the first few hours. Later, the price started falling. The counters changed from $0.0197 to $0.0190, and later it dropped to $0.0184 by 3.96% and 3.16%, respectively. There was a slight improvement in the later hours that brought the price of TRX coin to $0.0189 by 3.02%. The currency closed the day at $0.0188 with an overall intraday loss of 3.35%. Today, the currency started falling in the first few hours. The counters moved from $0.0188 to $0.0186 by 1.16%. The coin jumped in the later hours and went up to $0.01903.

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Tron Price
TRX Chart By TradingView

Tron is anticipated to improve in the upcoming days. The currency is moving towards the immediate support level at $0.0183. TRX coin is recommended for long-term traders. The same would bring the desired result to the traders.

Resistance Level Price Support Level Price
R1 $0.019498 S1 $0.018303
R2 $0.020203 S2 $0.017813
R3 $0.020693 S3 $0.017108

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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