Tron cryptocurrency has followed the market pattern and pushed its limits. Over the last 24 hours, it has been up by 8.41% and placed itself around $0.014656. The market-wide bullish pattern may be sustained for a while now.
TRON Price Analysis
TRX coin opened the day at $0.013519, and over the next 11 hours, the price went up by 6.37%. However, this momentum was broken for the next 5 hours that cost the Tron coin $0.00033. The value was pulled down to $0.01404164 from $0.0143810 by 16:10 UTC. Tron price again started pumping up. Between 16:10 and 00:33 UTC today, TRX coin got traded up by a 5.68% that took the price to $0.014848. The current price of Tron is roaming around $0.014656.
Tron’s current price at $0.014656 has been lagging behind its 20 days MA (0.014695 USD) and 50 days MA (0.014685 USD). The gap seems minimal after the last day’s hike. However, according to TRON price prediction, we can assume that the TRX coin seems to bring a paradigm shift in the trend in the coming few days. The next resistance may come at $0.01486. It may end the quarter with a moderately bullish outlook. Investors are advised to trade with caution, as Tron may not shield itself completely from the volatile shocks.
| TRON (TRX) | Resistance and Support Levels |
| 1st Resistance | $0.01486 |
| 2nd Resistance | $0.01517 |
| 3rd Resistance | $0.01581 |
| 1st Support | $0.01391 |
| 2nd Support | $0.01328 |
| 3rd Support | $0.01296 |