Tron price is trying hard to regain its lost glory in the current bearish crypto market. The bears are in full control of the price, and there is continual fluctuation in its price as seen from the past seven day’s price movement. Though the week began on a good note, the price started moving below the baseline after that. For the last two days, the TRX coin tried to show a recovery. The price has been moving in the range of $0.018 – $0.020.
Tron Price Analysis
TRX price started with upward momentum, but with the bears around, the price went below the baseline as the week progressed. The price of Tron was at $0.0193 on November 13.
On the next day, the price shot up to $0.02015, with a hike of 4.33%. With the bears getting back, the price again had a fall on the same day and reached $0.01901 at 5.65%.
There was a slight upward swing on November 15 at $0.01948, the rise being 2.41%.
With the bear pressure being too strong, the price of TRX coin fell on the same day to $0.01840 to the extent of 5.45%.
After this, though the price was below the baseline, it still started showing a slow recovery at $0.01891 on November 17. The current day’s TRX price has fallen to $0.01858.
TRX price had to bear the brunt of the bears in the ongoing crypto market volatility. According to analysts, this trend may continue for the short-term. Current Investors should keep holding on to their investments as there is no scope for gain in the current crypto market volatility. Day traders could make gains if they go with a cautious outlook.