Tron Price Drops Under Extreme Market Pressure to $0.014

Tron (TRX) was spotted improving during the beginning of November. The coin was spotted fighting hard to stay at the level, but the market pressure took over the coin and today, the TRX price is at $0.014310. The coin is speculated to stay at the same level for some time.

Yesterday, Tron price touched a low at $0.0135, which is considered as the 30-day low. The volume marked by the currency was $1,319,516,654. Let’s have a look at the 5-day chart of Tron cryptocurrency to understand the momentum more precisely.  

Tron Price Analysis

Tron started dealing at $0.018 on November 18, 2019. The intraday loss in the price registered was 8.25%. On the next day, the TRX price dropped to $0.0169 by 1.54%. On November 20, the currency slipped to $0.0165 by 2.21%. Then, the price continued to fall and touched $0.0156 by 5.83%. On November 22, Tron experienced a downtrend of 7.68%. The counter touched $0.0143. Today, the price has dropped to $0.0141.

The intraday trading in TRX coin seems poor. The coin is slowly moving towards the immediate support level at $0.0134. Tron is recommended for short-term traders, but keeping the current scenario of the market in mind, we would suggest to stay put and wait for an upsurge.