Tron Price Analysis

Tron (TRX) Exhibits a Moderate Fall During the Quarterly Movement

Tron price movement in the quarterly period is demonstrating fall. The same is due to heavy market pressure. The current fall in TRX coin could be for some time, and it would start recovering again. To understand the movement in Tron, let’s have a look at the price chart for last 3-months.

Tron Price Prediction:

Tron price was at $0.01833 on August 21, 2019. The price fell to $0.015413 by the end of the month by 15.64%.

September started with a moderate momentum around $0.015. The price of TRX coin jumped to $0.01828 by 17.75% but later dropped to $0.0012 by 34.50%.

During the last few days of the month, the price returned to $0.0144 and closed. The month-long movement reflected 7.24% regression.

October started with an uptrend in the Tron. The price jumped to $0.01717, but later felt a pullback and fell to $0.01423 by 17.09%.

Further, TRX coin experienced a heavy uptrend and touched $0.0227 by 58.91%. The month closed at $0.019. The month-long movement was of 38.48%.

November exhibited a fall of 16.99% and touched $0.0166.

TRX price is anticipated to improve in the coming days. The intraday movement in Tron is, however, disappointing. The coin has dropped below the immediate support level at $0.0163.

Resistance Level Price
R1 $0.017066
R2 $0.017489
R3 $0.017766
Support Level Price
S1 $0.016366
S2 $0.016089
S3 $0.015666

Tron usually recommended for short-term traders, but we would suggest the traders to stay put as the coin is quite volatile. The current period might not give the desired result to the investors.


Jeffrey Beasley is an expert advisor and a content writer. He has also worked as a freelance content writer for a year. Jeffrey now works as a lead content writer for and guides his team for best output.

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