Price Analysis

Tron’s Recovery Seems to Have Stopped, Lost 1.88% Overnight

  • Tron loses 1.88% in the last 24 hours to touch $0.01945.
  • The next support for TRX coin may come at $0.019.

Tron has lost 1.88% in the last 24 hours, and it has shown three major price swings in these 24 hours. The price variations have shown a range between 0.0201 USD and 0.0192 USD.

TRX Coin Price Prediction

Tron initiated the day at 0.01982 USD, and in the initial 2 hours and 49 minutes, it gained 1.62% to reach 0.02014 USD. At 02:49 UTC, it started weakening, and in the next 8 and a half hours, TRX coin lost 4.32% value to be placed at 0.01927 USD. It was followed by 2.76% hike between 11:19 and 23:11 UTC, and in these almost 12 hours, TRX could add 0.00053 USD to reach 0.01980 USD.

Tron Price
TRX Chart By TradingView

Tron’s Market Cap has shown a massive decline in these 24 hours. Over the last 24 hours, it made a jump from 1.313 billion USD to 1.303 billion USD. The market cap of TRX coin has been on a slope since November 02.

The 20 days moving an average of Tron is now at 0.01760 USD, and the 50 days average stands at 0.01731 USD. The current price of Tron at 0.01945 USD is 12.36% and 10.46% more than the 50 days and 20 days moving averages, respectively.

Tron (TRX)Resistance and Support Levels
1st Resistance$0.02007
2nd Resistance$0.02045
3rd Resistance$0.02080
1st Support Level$0.01935
2nd Support Level$0.01900
3rd Support Level$0.01863
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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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