Tron Attempts to Tame the Bulls; Grows by 4.17% Overnight

• Tron grows by 4.17% over the last 24 hours.
• The next resistance for Tron price may come at 0.017 USD.

Tron has been able to fetch a 4.17% hike over the last 24 hours and the price trend of Tron has given a range between 0.01597729 USD and 0.01688101 USD. There is an overall uptrend in the value of Tron.

Tron Price Analysis:

Tron opened the day at 0.0159 USD and over the next 5 hours and 28 minutes, it went on to add 0.0007 USD to reach 0.01677285 USD. It was followed by a swift fall of 2.51% over the next 10 hours and 26 minutes and lost 0.0004 USD and the value got to 0.0163 USD. From 15:54 UTC, Tron started showing signs of strength and it rose by 3.24% to touch 0.01688101 USD, today.

Tron’s market cap, however, could not show any growth. Between October 14 and 15, it lost by a notable per cent and reached 1.115 billion USD from 1.110 billion USD.

Tron’s current price trend is above its 20-day and 50-day averages both. Its 20-day moving average is currently at 0.015151 USD and the current trend is 9.85% above this line. The 50-day average of Tron is at 0.015557 USD and the current price is 6.98% more than this value. As per TRX Coin Price Prediction, it may find that the next couple of days to be bullish, and resistance may fall at 0.017192 USD.