Tron (TRX) Indicates 2.38% Hike Since Yesterday

The crypto market is recently reflecting signs of improvement. The top players of the market are crawling their way up after an unexpected price crash. From the last week, there has been a substantial amount of improvement in the coin, including Tron.

On November 25, 2019, TRX coin was spotted breaching the 30-day low and setting a new one at $0.0131. However, today, the TRX price is dealing at $0.01558. The market cap is noted at $1,055,324,796.

TRX/USD Price Chart:

Tron (TRX) Price Chart

Tron Price Prediction:

TRX coin was at $0.0152 on yesterday. The coin jumped to $0.0155 by 2.05%. The currency escalated to $0.0161 by 4.20%. Later, the Tron price dropped to $0.0157 by 2.44%. The price remained at the level for quite some time, and towards the closing hours, the price jumped to $0.016128 again. The coin slipped before closing and touched $0.0159 by 1.05%. Despite a volatile day, Tron marked the progression of 4.79%. Today, the TRX coin started with a tremendous fall. The price fell to $0.0153. Then, it escalated to $0.0155 by 1.26%.

Tron price was spotted dealing at the immediate support level at $0.0153. However, there has been an improvement in the coin that has brought the price to $0.0155. TRX is a high potential coin. The currency would give flourishing results in the future. The traders interested in the coin can opt for short-term investment. The same might give the desired return.

Acquisition of Tron (TRX) – Boon or Bane?

Tron News Today: Cryptocurrency Exchange Poloniex now controls the biggest decentralized trade (DEX) on Tron as per an official report. Affirmed by Tron CEO Justin Sun, Poloniex will operate TRX Market under the new name “Poloni DEX.”

TRX Price Prediction:

Tron price was trading at $0.013704 on November 25, 2019, with the price being below the baseline. $0.013159 was the lowest point for the coin on the same day. Almost 8% growth shown with TRX price being $0.014789. On November 26, the currency presented almost 9% growth despite the fall noticed. Then, 13.36% rise presented on the same day, i.e., November 27. The present situation shows that the TRX price may rise marginally.

TRX/USD Price Chart

Tron price evaluation since November 28 indicates that it is exhibiting an uptrend by 2.82% today. $0.016155 may be the next halt in the coming hours without any drastic change.

It is completely your discretion to purchase new coins or hold the existing ones. The weekly performance of Tron has shown an overall progression of 17%. TRX’s price movement has been majorly bullish the past five days, barring the days November 25 & 26. The fall of $0.014492 can also be ignored since it managed to pull itself upwards. Tron, if traded with a long-term agenda, can yield better profitability as expected to reach $0.020 shortly.

Will Bears Keep Having Their Hold on Tron (TRX)?

Tron was traded at $0.01735591 initially before September started, then managed to show a rise of 30% in the mid of September. Then, the TRX coin was traded to $0.01233, the lowest price mark noticed on September 24, 2019. Despite the bearish run, it managed to rise and present a massive growth of 59.56%. While writing this piece, the TRX coin was reflecting a downward movement.     

Tron Price Prediction

If we analyze TRX coin’s price since November 17, 2019, it indicates a downside movement of 22.29%. It is likely to fall even further as per the current trend and reach $0.0145. However, if we look at its price movement of past two days, the currency is on a recovery spree. Tron price may cross $0.0155 shortly.

We recommend to purchase some TRX coins and retain the same for the long run to gain considerable returns. The bears have been controlling the coin majorly since August 2019. The temporary rise was noticed towards the end of last month until November 18, 2019. Hence if TRX is being traded from the long-term will yield better returns.

Tron Price

Tron (TRX) Makes a 30% Slump Since the Starting of 2019

TRX coin has lost 30.29% in the last almost 11 months. The value got down to 0.0135 USD from 0.0194 USD in these months. The whole price trend can be divided into three price variations in the range between 0.0384 USD and 0.0137 USD.

Tron Price Analysis:

Tron was being traded at 0.01942308 USD at the starting of the year 2019, and its first variation happened over the next 97 days that added 0.0111 USD to the value pushed TRX price to 0.0306 USD. It was followed by another 74.67% hike that pushed the coin to 0.03849 USD after adding 0.0164 USD by June 24. From that day, the currency started losing value, and with huge fluctuations, it has made an overall loss of 64.29% that pushed the Tron price to 0.01374 USD by November 24.

Tron-Price-Chart

The market cap of TRX coin at the starting of the year was 1.303 billion USD, and it has now fallen to 913.624 million USD.

Tron’s 200 days MA is at 0.02252743 USD, and it’s 50 days average is 0.01742483 USD. Its current value is at 0.01353912 USD, and it is well below both the averages. It shows that the recent price pattern of Tron has been disastrous, and it may not witness any significant sign of growth in the coming few days.

Tron (TRX) Resistance and Support Levels
1st Resistance $0.014812
2nd Resistance $0.015695
3rd Resistance $0.016136
1st Support $0.013488
2nd Support $0.013047
3rd Support $0.012164

Tron (TRX) Descends by 24% in 5-day Run

Tron was spotted, reflecting improved movement amid the fluctuating market. The same spike hopes among the traders as the coin was speculated to grow in the future. Well, the extreme pressure in the market captured the coin too. The current momentum in TRX coin is quite heart-breaking.

However, the coin is speculated to improve in the coming days. The current price movement might not be impressive, but the future with Tron is anticipated to be secured. Tron price was at $0.018 on November 17, 2019, and the current price is at $0.0144.

Tron Price Analysis

Tron Price

The currency started dealing at $0.018850 on November 17, 2019. The coin kept dealing at the same level for the rest of the day. On November 18, the currency dropped from $0.018728 to $0.017187 by 8.23%. On November 19, the coin kept dealing around $0.016460. On November 20, the Tron price kept the downtrend intact took the TRX price to $0.016460 by 2.64%. On November 21, the currency fell by 5.36%. The counters moved from $0.0164 to $0.0155. Today, there is a tremendous fall in the coin. The price noted at the opening hour was $0.0155, and now it is at $0.0144. The fall registered is 8.21%.

Tron is speculated to improve in the coming days as the brains behind the coin are planning for some big ventures. It is rumored that the same would have a long-lasting effect on the coin. The same might improve the popularity of the coin and escalated the market cap.

For the intraday traders, the news is not good. The price has violated the immediate support level at $0.0147. The coin is headed towards the next support level at $0.0141.

Resistance Level Price
R1 $ 0.016368
R2 $ 0.017313
R3 $ 0.017963
Support Level Price
S1 $ 0.014773
S2 $ 0.014123
S3 $ 0.013178

Tron is anticipated to give blooming results in the future. The traders are recommended to opt for the short term investment.

Tron (TRX) Rallies by 6% in 30-days Run

  • Tron price exhibits improvement signs on a monthly chart
  • The coin still holds the hope of bringing heavy upsurge in the future

Tron was once dealing among the top cryptocurrencies in the market. The currency dropped to $0.0139 during the last month. The price of TRX coin has improved lately. In the previous month, the coin was seen escalating amid the heavy fluctuation in the market. The same improved the reputation of the coin in the market.

Tron Price Analysis

A month ago, Tron price was dealing at $0.015529. The price slipped to $0.014308 by October 23. The price escalated to $0.022386 by 56.31% on October 30. The month closed at $0.019944 with a 10.91% loss. In November, the price remained at same level but later fell. The coin was seen recovering around November 8, from $0.018418 to $0.020168 by 9.50%. The TRX price fell in the later days to $0.016587 by 17.92%. The month-long movement in Tron price is reflecting 6.81% progression.

Tron-Price-Chart

Tron is considered to give flourishing results in the future. The improvement in the momentum in the coin has given hope to the traders. For intraday trading, the coin is likely to be improved in the price chart. TRX coin would be breaching the immediate resistance level at $0.0175.

Resistance Level Price
R1 $0.017545
R2 $0.018023
R3 $0.018479
Support Level Price
S1 $0.016611
S2 $0.016155
S3 $0.015677

Tron (TRX) Hikes by 20% in the Last 30 Days

Tron has recently improved its momentum and came out of the market pressure. The drop started in the third quarter and continued till last month. However, in the period of 30-days, the TRX price escalated from $0.015 and is currently dealing at $0.018. During the same period, the currency touched a high of $0.022818 and a low at $0.013914. The said improvement in the price could lead Tron to future upsurge.

Tron Price Analysis

Tron Price Chart

The coin started dealing at $0.015163 on October 17, 2019. The price kept hovering around the same level for some days. Later, the Tron price started escalating. The price jumped from $0.014349 to $0.018215 by 26.94%. Later, the coin price dropped to $0.016180 by 11.17%. Further, the TRX price escalated to $0.02228 by 39.30%. The last few days of the month brought the coin to $0.020. The ongoing month started around $0.020 and kept is tight for some days. The coin progressed and touched $0.02012 from $0.01894 by 6.01%. The price dropped to $0.01856 by 7.78%.

As per the current trend, the intraday traders of TRX coin are likely to close with disappointment. The price is seen moving towards the next support level from the immediate support level. Tron price is speculated to improve in the future. The interested traders are suggested to pick short-term investments.

Resistance Level Price
R1 $0.019237
R2 $0.01958
R3 $0.019965
Support Level Price
S1 $0.018509
S2 $0.018124
S3 $0.017781

Tron (TRX) Exhibits Downtrend in 7-days Run

Tron is currently battling with a downtrend. The currency is falling along with the many other coins. The intraday trading in TRX coin might not give the desired results to the traders, but the future seems bright. Let’s have a look at the intraday chart of TRX/USD:

TRX Price Chart

As per the above-given price chart, the TRX coin registering price fall on the week-long run. The week started dealing at $0.018970. The price escalated to $0.019433 by the end of November 10. The next day, Tron registered a fall that brought the price counter to $0.019090 by 1.77%. The price improved on November 12 and touched $0.019740 by 3.40% hike. On November 13, the counter escalated $0.020195 by 2.30%. On the next day, the TRX coin price slipped to $0.01939 by 3.99%. Yesterday, Tron price continued the fall and touched $0.018523. The intraday movement marked an aggregate regression of 4.15%.

Tron Price Prediction

The current price of TRX coin is at $0.018523. The coin was dealing at $0.020 before two days. The latest price crash in Tron is due to the ongoing volatility. The same would be lifted soon, and the coin might be seen an experiencing a great future.

For intraday traders, the currency is seen moving towards the immediate support level at $0.0182. There is a possibility that the coin might trade in a similar range for the next few hours. Tron is suggested for the short-term traders as it may help to gain considerable returns.

Resistance Level Price Support Level Price
R1 $0.019275 S1 $0.018219
R2 $0.019933 S2 $0.017821
R3 $0.020331 S3 $0.017163

Tron (TRX) Rallies by 30% in the Last Month

Tron price movement is quite impressive for some time. The currency was seen touching $0.014 on the price chart. The brains behind the coin worked it out and brought the coin to $0.20. As per the latest news on TRX coin, the currency is now listed on Poloniex exchange. The news was confirmed by Justin Sun himself.

The same would open fresh doors for the traders. Now, Let’s check out the month-long chart of Tron.

Tron Price Prediction

Tron (TRX) Price Chart

Tron started dealing at $0.014430. The coin price escalated to $0.015088 by 5.70% and later escalated to $0.016910 by 13.61%. Further, the TRX price slipped to $0.01577 by 6.70%. Later, the coin slipped further to $0.014251. The price booked a heavy escalation and touched $0.023 by 61.09% hike. During the last few days, the Tron price slipped to $0.020783 and closed at the same level. The price started the ongoing month at a moderate level. The price of TRX coin slipped to $0.018549 from $0.020783 by 10.86%. The coin escalated to $0.020186 by 8.83%. However, from last few days, Tron is under huge pressure, and the price is slipping towards $0.019139.

For intraday traders, the TRX price movement seems under heavy price pressure. The price could fall to the immediate support level at $0.019.

Resistance Level Price
R1 $0.020094
R2 $0.020679
R3 $0.021105
Support Level Price
S1 $0.019083
S2 $0.018657
S3 $0.018072

The traders interested in Tron are recommended for short-term investment. The long-term investment in Tron is likely to be chancy. Thus, we suggest to go with the recommendation.

Will Tron (TRX) Continue to Beat the Bearish Sentiment?

  • Tron price is finally trying to come out of the bear grip

TRX coin was able to have a good run till July. From then on, the price of the coin was continually under pressure from the bears. The beginning of November has been good for the coin. The price of Tron has been moving in the range between $0.0142 – $0.0220.

Tron Price Analysis

The price of TRX coin is having a good break from the bears. The price started on a low note on October 19 at $0.0156. Being below the baseline, it went further down to $0.0142 on October 23, fall being to the extent of 8.58%. The price of Tron then slowly picked up and moved upwards at $0.0177 on October 26, rise being 24.61%.

There was a small downfall on the next day when the price reached $0.0163, and the downward movement is 7.26%. The price then had a good rally and moved above the baseline at $0.0220 on October 30, the huge movement being at 35.62%. Though the price is above the baseline, it has fallen slightly at $0.0187 on November 11, fall being to the extent of 14.91%. The current day’s price of TRX coin is at $0.02008 with 6.95% hike indicating that the price is trying to get out of the bearish trend.

Tron (TRX) Forecast

Tron price got caught in the ongoing bearish upheaval in the crypto market since July. Though the coin was under continual bear pressure, the coin seems to be on a recovery mode now. The TRX coin is expected to show a stable upward swing by the end of the year. Investors can now make use of this great opportunity to invest in the long-term. Short term investors and day traders can make quick gains if invested wisely.