TRON (TRX) Exhibits a 4.54% Slump Overnight with No Early Signs of Recovery

After the last day of marginal hikes, TRON seems to have lost the track again. Over the last 24 hours, it has shown three major price shifts and made an overall loss of 4.54%. It currently trades at 0.01284 USD. The range of the swings lies between 0.0135 USD and 0.0126 USD.

Tron Price Prediction

TRON opened the day at 0.01345892 USD, and its first swing happened between 00:05 & 13:46 UTC, and over these 13 hours and 40 minutes, TRX coin lost 6.67% value that took the price to 0.0126 USD. It was followed by a 4.51% hike that added 0.00056872 USD that took the TRX price to 0.0131 USD by 18:47 UTC. The last variation happened between 18:47 and 01:38 UTC today, and over these almost 7 hours, TRON cryptocurrency lost 3.10% and got placed at 0.0127 USD.

TRX Price NewsThere has been a significant fall in the market cap also. TRX coin’s market cap on December 19 was 872.088 million, and as of now, it has been fallen to 865.481 million USD. It should be noted that the Tron currency has not been able to touch 900 million USD mark since December 15. Tron may not show any big change in the coming few days. However, the next resistance is likely to come at 0.0134 USD.

TRON (TRX) Resistance and Support Levels
1st Resistance $0.013474
2nd Resistance $0.01387
3rd Resistance $0.014229
1st Support $0.012719
2nd Support $0.01236
3rd Support $0.011964

Edward Nash

Edward Nash is an editor and analyst with over 10 years of financial market experience. Prior to joining CoinNewsSpan, he worked in several famous financial institutions. He has been active in the cryptocurrency market since 2011, specializing in technical analysis of current crypto trends and offering analytical opinion-based pieces.

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