TRON Escalates by 10% Overnight; May March Further towards $0.023

• TRON’s price against USD has been increased by a massive 10.08% on the last day
• With a moderate level of price volatility, it may be aiming at touching $0.023 in the near-term

TRX coin seems to have gained one of the highest in the market over the last day. The coin has continued yesterday’s trend and taken an upward shift to gain 10.08%, and the value has been up from $0.020774 to $0.022870.

TRON Price Analysis

TRX coin opened the day at $0.020774 and over the initial 13 hours and 49 minutes; it fell by 3.49% and reached $0.020048, the lowest point of the day. It took TRON coin only 47 minutes to surprise the market with a sudden spike to the extent of 16.69%, and this swing added $0.0033 to the value and pushed TRX price to $0.023395, the highest point of the day. It was followed by a gradual and stable price correction. By 00:57 UTC, TRON price was tapered off by 4.18% and reached $0.022417.

TRX’s current value at $0.02287 is trending above the 50 days MA ($0.022765) and 20 days MA ($0.022865) by a good margin. TRON is likely to sustain the current bullish vibe. As per the TRON price prediction, the TRX price may touch $0.0236 as its next resistance point. However, investors may not wholly avert the possibility of sudden price spikes in the short-term.