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Will Bulls Lead the Way for Tron in the Upcoming Days?

  • Tron price chart has seen the price surge in the upward direction to a major extent on Feb 28

Tron (TRX) price seemed to have brushed off the sluggish start to 2020 aside and moved up the price radar. The past one-day price trend for Feb 28 shows the price of the coin braving the bears at regular intervals and moving in the upward direction. There seems to be a newfound momentum for the coin with the price for TRX fluctuating in the range between $0.016–$0.017, even reaching a high of 5.30%, during the day.

Tron Price Prediction

TRX coin has been performing great as seen from the price trend of Feb 28. The price of TRX started trading in the upward direction at $0.0173. Though the price managed to hold its upward momentum for some time, the strong bear pressure pushed the price below the baseline at $0.0162, showing a downward variation of 6.82%.

TRX/USD Chart By TradingView

The coin continued to fight against the continual bear pressure and recovered at 16:20 to $0.0169, the recovery being to the extent of 4.48%.  With the bears in no mood to relent, the price of Tron once again went down to $0.0165 at 19:36, the downward movement being at 2.32%. The good performance of the coin continued unabated from there on and TRX price reached a high of $0.0174, showing a rise to the tune of a good 5.30%. The current day’s price of TRX is at $0.0170 showing a slight fall in price at 1.15%.

TRX price wants to put its bad days behind and move in the upward range as observed from the price trend over time. According to TRON prediction evaluated by analysts, they predict that the positive trend to continue for the coin in the new year and anticipate a stable upward momentum for the coin during the year.

Vivaan Shah: Vivaan Shah is a professional Forex and Cryptocurrency Market Analyst with a background in Finance. He has worked in several foremost publications before getting into NameCoinNews. He has been involved in the cryptocurrency for years. He loves to spend his free time in recording podcasts for crypto beginners. He also enjoys to explore cryptocurrency products.