Tron-03

TRON (TRX) Records Almost 8% Decline Over the Last 24 Hours

TRX coin was spotted exhibiting a heavy downtrend yesterday. The currency exhibited improvement around 12:00 UTC but later dropped tremendously due to the market pressure. Today, TRON coin is registering a similar approach. The price is hovering around $0.0195, whereas yesterday it was floating around $0.020 till the middle of the day. The future of the currency is speculated to be great. The current pressure is taking the coin to the lower level, but it would soon lift.

TRON Price Prediction

Tron (TRX) Price News

Yesterday, the TRON coin was trading at $0.02126. The price climbed for the first few minutes, but later, the price began slipping, and at 02:40 UTC, the coin was at $0.0203. TRX coin was locked itself around $0.0204 till 06:43 UTC. Later, it escalated to $0.0206 by a moderate hike. The price dribbled a little but picked up the pace again and touched $0.0209 by 3.13% hike at 12:12 UTC. However, the TRON price plunged to $0.0191 in the next 5 hours.

Later, the price improved to $0.0197, and then, it dribbled to $0.0193, but the closing period of the day took the TRX price back to $0.0199. The intraday movement in the coin reflected a 6.26% regression in the price. Today, TRON coin began with a marginal plunge. The coin was at $0.0194 at 02:32 UTC. The price improved to $0.0198 but again dropped to $0.0192.  Recently, the momentum improved, and the price touched $0.0195.

The coin is quite near the immediate support level at $0.0190, and the same might get breached in the coming hours. TRON is exhibiting the possibility of dropping to the next support level at $0.0181 by the end of the day.

Share
Anna Fernandes

Anna Fernandes has completed her graduation in journalism from Boston University and has been working as a lead journalist at tronnews.com. She also owns a personal blog where she writes content on journalists and there works.

Leave a Reply

Your email address will not be published. Required fields are marked *