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TRON Keeps the Bullish Trend Intact; Trades at $0.01924

Written byRitu Lavania
Edited by Niharika Deshpande
February 3, 2020
in Cryptocurrency News
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TRX coin has marked the first month quite progressively. The second month of the quarter has begun with huge expectations. The speculations about the first quarter are that the coin would bring a colossal return to the investors. As per the momentum of the last 30-days, the future of TRON cryptocurrency looks flourishing. The investment in the coin wouldn’t go futile.

TRX Targets $0.0204 Amid Volatile Swings

Yesterday, the TRX coin began at $0.01912. The first two hours felt pullback pressure, thus dropped to $0.01845 by 3.48%. The improvement embarked immediately and continued for almost four hours to $0.01950 by 5.70%. Further, the currency dropped to $0.01903 by 2.38%. TRON price picked up again, and at 12:25 UTC, the coin was trading at $0.01986 with a profit of 6.36%.

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TRX coin couldn’t hold itself for long at this level and slipped to $0.01937. There was a slight improvement marked, and hence, the price jumped to $0.019764. After this moderate hike, the currency remained at the same level for some time.

Later, TRON coin faced a steep fall of 4.12% from $0.01964 to $0.01883, and then, it recovered immediately and reached $0.019727. TRX coin slipped once again but this time to $0.01909. Recently, the price jumped to $0.01924. As per the MACD indicator, the MACD line overpowers the Signal line and it indicates that the upsurge would take place in the TRX coin.

As per the latest TRON prediction, we can expect that the currency is heading towards the immediate resistance level at $0.0197. The same might jump to the next resistance level at $0.0204 by the end of the day.

R1: $0.01979, R2: $0.02044 and R3: $0.02105

S1: $0.01853, S2: $0.017926 and S3: $0.01727

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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