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TRON Price Dropped by 0.40%, Same Trend May Continue

Tron was valued at $0.149 yesterday, and it seemed that the coin might rise soon. However, there were several sharp falls, which resulted in TRX to reach as low as $0.143 with a drop of about 4%. It did manage to gain back its momentum shortly and the highest price recorded was $0.015 yesterday. Today from 02:01 UTC, for an hour, the TRX price was constant at $0.147. While writing this analysis, the movement of the coin seemed to be bearish.

TRX price evaluation is as mentioned below:

TRX Comparison and Prediction for the Long Term:

TRX was priced as high as $0.0150 yesterday at 21:22 UTC and at present is priced at $0.0147 which indicates that the trend now is bearish by 1% which can be considered as negligible.

TRX may fall marginally with prices reaching $0.0146 by tomorrow. By the end of September, it could be priced at $0.015 and by December,19 TRX can reach as high as $0.020 with more than 36% growth.

Conclusion:

Tron movement indicates that it is an excellent time to purchase the new coins or you can also sell the old coins. As per the TRX Predictions, we can observe that the TRX can be traded in the values of $0.147 and $0.149 today. If the price of the coin continues to fall further, the next primary support level can be seen at $0.141 and $0.138. Tron can bounce back from the bears like it has proved in the past provided it can maintain its consistent performance from here on.

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.