TRON currency has made an addition of 12.74% over the last month despite the hefty volatility. However, there have been multiple intraday shocks observed in the last 30 days. It currently trades around $0.013189.
From the beginning of this month, the TRX price traded with upside momentum but fails to cross the 0.014 mark. After April 07, the currency reflected moderate downside correction and touched a $0.012 mark. However, then it regained its price above $0.013.
TRON Price Analysis
On March 20, TRX/USD price spotted at $0.011698 and it was trading with a moderate downside momentum. Over the next three days, the price dropped to $0.010280 after a 12.12% loss. From this low, TRON coin managed to gain 36.23% value that added $0.0037 and pushed the price to $0.014022 by April 07. From there, the currency has been trading downwards and lost 15.04% value as on April 16 and reached $0.011922.
On the same day, TRON marked a steep hike and crossed a $0.013 price mark. The current price at $0.013189 is trending above its 90 days MA ($0.013172) and 200 days MA ($0.01299). The MACD indicator reflects bullish crossover as its MACD line overpowers the signal line.
As per the TRX price prediction, we can observe that the overall price trend of the TRX coin may continue its upside movement and cross the next resistance at $0.0133 in the upcoming hours. Investors may witness price fluctuations on the intraday level.
