If we look at the price trend of Tron from the last few months, the coin is anticipated to bring flourishing results in the near-term. However, the current market situation is not at all impressive. The market pressure has taken over the TRX coin completely. The traders looking for some positive results might have to close with disappointment as the intraday movement reflecting downtrend ahead.
Tron Price Analysis
Yesterday, the TRX coin started dealing at $0.01388. The opening hours brought the price to $0.01380 by a marginal decline. The improvement took the Tron price to $0.0140 by 1.98% hike. The coin couldn’t hold itself at the same level and fell to $0.0139 by 0.94%. The TRX price escalated to $0.0142 by 1.85%. The price dropped and again picked up to $0.0141 by 1.10%. The currency started falling once again and slipped to $0.0139 from $0.0141 by 0.93% fall. The intraday movement in the Tron cryptocurrency reflected the escalation of 0.75%. Today, TRX coin started the day at $0.0139. The price dropped to $0.0138 by 1.19%.
The current price of Tron is at $0.0139 and indicating a slight recovery. The currency might escalate to $0.0141, the immediate resistance level. The traders interested in the TRX coin are recommended to opt for long-term investment. As per the TRX Prediction, the coin might turn out risky for short-term investment.
| Resistance Level | Price |
| R1 | $0.01419 |
| R2 | $0.014352 |
| R3 | $0.01455 |
| Support Level | Price |
| S1 | $0.01383 |
| S2 | $0.013632 |
| S3 | $0.01347 |