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TRON (TRX) Exhibits Almost 20% Hike Overnight

byRajpalsinh Parmar
January 15, 2020
in Cryptocurrency News

TRON crypto is setting new records with its current momentum. Yesterday, the currency was spotted dealing around $0.0168 and it was seen dealing as high as $0.016923 & as low as $0.014696. The volume was at $1,466,195,336. The digits are indicating towards a flourishing intraday trading.

TRON Price Analysis

Yesterday, TRX coin started dealing at $0.0147, and then, it jumped to $0.0149 by 1.65% hike. The currency kept the upside momentum intact and touched $0.0158. Then, there was a slight drop marked and the price reached $0.0153, but the currency improved again to $0.0170 by a huge hike of 11.20%. The pullback pressure was spotted in the later days. The TRON price slipped to $0.0163 by 4.46%. There was a slight improvement marked as the price jumped to $0.0166. The intraday movement of TRX exhibited 12.62% progression.

TRON

Today, Tron started with an escalation of 5.10%, but later, in the next 4 hours, the price slipped to $0.0160 by 8.15%. Then, the TRX price recovered and touched $0.0180 by 12.62%. Further, the coin price slipped to $0.0176 by 2.28%.

Tron has already breached the immediate resistance level at $0.0175. The next resistance level at $0.0183 could be breached in the coming hour. As per TRX price prediction, if the coin reverses the current trend, then it may find the next support around $0.0153.

Resistance Level Price Support Level Price
R1 $0.01753 S1 $0.015303
R2 $0.01834 S2 $0.013886
R3 $0.01975 S3 $0.013076
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Rajpalsinh Parmar

Rajpalsinh Parmar

Rajpal is an experienced crypto journalist with three years of experience, specializing in various sectors such as NFTs, the Metaverse, and more.

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