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TRON drops by 5% With Its Intra-day Movement

It was recently tweeted that TRON real-time accounts have now surpassed 3.7 million users. Well, that’s quite huge a number.

Tron Price Analysis:

TRX value was seen trading at $0.01372 at 05:05 UTC time on October 2, 2019.

Considering the intra-day movement, yesterday, the value was initially seen at the highest peak of $0.01492 at 03:06 UTC. The value then dropped by 6.69% at 15:15 UTC hours seen trading at $0.0139 value.

The value than slightly increased by 3.43% at 16:37 UTC hours when the value was seen trading at $0.01439. From then, the value is dropped by 3.94%.

TRON is fluctuating in the bearish zone right now. However, the intraday movement if analyzed wisely can help you earn little returns on a daily basis. Otherwise, holding on for too long might result in negative numbers.

Based on TRON predictions, the long haul movement seems to support the same trend. It seems that the value will witness a continuous drop for some more time So hang in there and wait for some better announcements and partnerships.

The resistance and support levels are calculated as follows:

Resistance Levels:

R1: $0.014636, R2: $0.015199, R3: $0.01556

Support Levels:

S1: $0.013712, S2: $0.013351, S3: $0.012788

Richard Lee: Richard Lee is a regular contributor, who curates in-depth news stories and analysis about the cryptocurrency and blockchain space. He primarily covers latest happenings of US cryptocurrency market. He contributes to a number of well-known industry magazines and news sites before getting into NameCoinNews. He has strong skills in technical analysis of cryptocurrencies.