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

Tron (TRX) Price Analysis

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.

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