Tron (TRX) Exhibits 21% Plunge in 30-days’ Time

Tron (TRX) Price Analysis

Tron is dealing at $0.0160 with the market cap at $1,059,802,611 during the time of writing this analysis. The currency is on the verge of recovery with impressive momentum. The same might lead to future upsurge. Intraday trading seems to be fruitful. In the last month, the TRX coin was spotted falling under the market pressure and touching a 30-day low. After that, Tron price started improving and is still dealing with a similar trend.

Tron Price Prediction:

Tron (TRX) Price Chart

TRX coin was dealing at $0.02031 on October 30, 2019. The price hovered around the same level for some time and then dropped to $0.019008 by 7.06%. After that, there were a few pick-up and drop in Tron. The currency touched $0.02038, then dropped to $0.01872 and further jumped to $0.02016 again. The tremendous drop began from there and stopped at $0.0135 at 32.97%. The coin reflected a slight recovery and took Tron price to $0.0150 but dropped again to $0.0134. Recently, Tron reflected a recovery that brought the price to $0.01602.

The TRX cryptocurrency is speculated to drop in the coming hours. Tron might cross the immediate support level at $0.0158. It won’t be a surprise if it drops below the next support level at $0.0156.

Resistance Level Price
R1 $0.016412
R2 $0.01663
R3 $0.016926
Support Level Price
S1 $0.015898
S2 $0.015602
S3 $0.015384

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