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Tron (TRX) Shows 4.17% Surge, Eyes $0.017 Resistance Level

Written byKelvin Maore
Edited by Niharika Deshpande
October 15, 2019
in Cryptocurrency News
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  • Tron grows by 4.17% over the last 24 hours.
  • The next resistance for Tron price may come at 0.017 USD.

Tron has been able to fetch a 4.17% hike over the last 24 hours and the price trend of Tron has given a range between 0.01597729 USD and 0.01688101 USD. There is an overall uptrend in the value of Tron.

TRX Shows Short-Term Recovery

Tron opened the day at 0.0159 USD and over the next 5 hours and 28 minutes, it went on to add 0.0007 USD to reach 0.01677285 USD. It was followed by a swift fall of 2.51% over the next 10 hours and 26 minutes and lost 0.0004 USD and the value got to 0.0163 USD. From 15:54 UTC, Tron started showing signs of strength and it rose by 3.24% to touch 0.01688101 USD, today.

Tron’s market cap, however, could not show any growth. Between October 14 and 15, it lost by a notable per cent and reached 1.115 billion USD from 1.110 billion USD.

Tron Price Chart

Tron’s current price trend is above its 20-day and 50-day averages both. Its 20-day moving average is currently at 0.015151 USD and the current trend is 9.85% above this line. The 50-day average of Tron is at 0.015557 USD and the current price is 6.98% more than this value. As per TRX Coin Price Prediction, it may find that the next couple of days to be bullish, and resistance may fall at 0.017192 USD.

Tron (TRX) Resistance and Support Levels
1st Resistance $0.0169
2nd Resistance $0.0171
3rd Resistance $0.0176
1st Support Level $0.0162
2nd Support Level $0.0158
3rd Support Level $0.0156
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Kelvin Maore

Kelvin Maore

Kelvin Maore is a crypto market analyst at NameCoinNews with nearly five years of experience tracking digital asset markets. He covers price movements, market structure, altcoin developments, and macro signals affecting the broader crypto ecosystem, from Bitcoin analysis to emerging DeFi protocols. Kelvin is known for translating complex on-chain data and market dynamics into clear, reader-focused reporting. His coverage spans leading crypto assets with a consistent focus on making blockchain technology accessible to both new entrants and experienced investors.

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