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Tron Price Analysis: Is TRX Poised for a Comeback?

byRajpalsinh Parmar
December 18, 2019
in Cryptocurrency News

TRX coin was traded at $0.01363529 on December 16 with an uptrend prevalent. The coin continued to trade at a slow pace and was traded in the range of $0.01334220 and $0.01339179. On December 17, 2019, the Tron price dropped to $0.01289551, but since it was a minor fall, the overall trend was maintained. On the next day, there were multiple sharp falls and TRX price reached $0.0122554 and then dropped again to $0.01219154. Since the said date, the trend changed completely with the bearish dominance over the coin.

TRX Sees Modest Gains Amid Mixed Trend

Tron Price Analysis

TRX coin shows a marginal upward rise of 1.53% as compared to today’s price of $0.01228889. As per our TRX Price Prediction, we can expect that the coin may continue to show a slight price increase and may trade around $0.0125 soon. By the start of the coming week, it may manage to move upwards and cross $0.013.

It is your choice today to purchase new coins or hold the existing ones. The previous two days price comparison presents a mixed trend as the bulls dominated the coin for one day and since then, the bears seem to have good control over the Tron cryptocurrency. It is recommended to trade with a long-term focus as it may manage to recover and reach $ 0.017.

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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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