TRON (TRX) Marks Steep Upsurge & Trades at $0.0125

TRON price movement is exhibiting substantial recovery over the last few days. The last few days have experienced heavy improvement, and thus the TRX coin is now at $0.0125. Yesterday, Tron started the day at $0.0103 and closed around $0.0116. The entire market is surging with the top trending coins like Bitcoin, Ethereum, Ripple, etc. The uptrend is likely to stay for a while.

Today, the currency began the day with a slight plunge to $0.0114. Further, the price improved to $0.0125 and marked it as the intraday high. The uptrend is likely to bring the rally soon. The traders interested in the coin are recommended to opt for short-term investment.

TRON Price Analysis

Tron (TRX) Price News
TRX/USD Chart By TradingView

Yesterday, the TRON price was at $0.0103 during the opening hours. Then, it hanged at the same level for a while, but the later hours brought escalation, and at 10:02 UTC, the price was at $0.0108. The escalation continued to $0.0111 from $0.0108 by 2.32% hike. TRX coin locked itself around the same level around the same but further booked a jump to $0.0120 by 9.08% hike at 16:22 UTC. The currency dribbled slightly and locked again. The improvement again registered around 19:00 UTC, and in the next 3 hours, the price was at $0.0121. The closing hour brought pullback pressure that took the TRON price to $0.0115 and ended the day. The day-long movement in the coin reflected 12.61% progression in the price.

Today, TRON coin began the day with a slight upsurge. The currency escalated to $0.0119 but couldn’t hold itself, and at 04:06 UTC, the price touched $0.0114. The recovery embarked immediately after the same. The price of the coin has escalated to $0.0125, and with a slight fall, $0.0122, the coin has again touched $0.0125. The currency has breached the immediate resistance level at $0.0124. The coin is heading towards the next resistance level at $0.0137 and looks like the same would get breached in the impending hours.

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.

Leave a Reply

Your email address will not be published.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

Back to top button