TRON Price Descends to $0.017 in 24 Hours

TRON is a high potential cryptocurrency, and despite the good hold over the momentum, the currency couldn’t escape from the market pressure. Yesterday, the TRX price was at $0.0198 during the opening hour. At the time of writing, it was trading at $0.0171, with the market cap of $1,144,353,068. And it’s 24-hour volume was at $1,824,987,199. The traders are recommended to wait for the improvement as it might strike soon.

TRX Price Prediction

Yesterday, the TRON price was trading at $0.0198. The currency remained at the same level till 04:23 UTC. The coin dribbled to $0.0192 by 2.50%, but then, it improved in the later hours to $0.0196 by 1.78%. The upsurge remained intact till 13:07 UTC. However, the coin started downward correction, and by 16:59 UTC, the price dropped to $0.0187 from $0.0199. TRON coin experienced improvement on the chart again as it was around $0.0193 at 22:33 UTC. The currency closed the day at $0.0190.

Today, TRX coin exhibited slight improvement during the opening hours, and it reached $0.0192 at 00:23 UTC. However, in the following hour, the price plunged to $0.0163 by a massive drop of 14.51%. Then, the currency improved to $0.0174 by 5.81% recovery. After this moderate hike, TRON cryptocurrency is hovering around $0.0174 level till the time of writing this analysis.

As per the historical price movements and data, the currency might trade in a similar range for some time. The price of the TRX coin is likely to improve in the upcoming hours. The coin has crossed its crucial support level at $0.0181 and a major support level at $0.0175. TRON might improve to the next resistance level at $0.0181 in the upcoming hours.