Tron (TRX) Registers Upsurge in Month-long Movement

Tron (TRX)

Tron is one of the high potential coins in the market. The currency holds a lot of expectations of the traders. The coin might be seen booking huge profits in the coming time, but for now, it is under huge market pressure. From past one month, The TRX price is seen improving at a consistent pace. The same might help the currency in inviting the upsurge.

Tron Price Prediction

TRX coin is seen improving its price from the past one month. On October 14, the coin was trading at $0.01657. The price dropped to $0.01514 by 8.63%. The price kept trading around $0.015 for some time. Later, it fell from $0.01553 to $0.01391 by 8.88%. The escalation started from October 23 that took the Tron price to $0.1792 by 28.81%. The price fell to $0.01618 and again escalated to $0.02255 by 39.35%. The month closed at $0.01993. The 15-day movement in price reflected 20.05% progression. The ongoing month is seen keeping the TRX price intact at $0.019. The beginning of month didn’t reflect much movement. The price fell from $0.02034 to $0.01867 by 8.56%. Later, Tron price improved and went to $0.01953 again.

Tron Price

The intraday movement of the TRX coin is indicating growth. The price of the coin is slowly moving towards the immediate resistance level at $0.0198. It is speculated that if Tron keeps the momentum intact then it could breach the next resistance level at $0.0200.

Resistance Level Price Support Level Price
R1 $0.019855 S1 $0.019227
R2 $0.020097 S2 $0.018841
R3 $0.020483 S3 $0.018599

Tron price improvement has spiked hope. The coin might regain its momentum in the coming days. The currency is speculated to give satisfactory results in the future. We would recommend the interested traders to dig-in for short-term investment. The long-term investment might be risky for investors.

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