Tron Reels Loses 6.35% Overnight, turns Bearish

• Tron loses 6.35% in the last 24 hours to touch 0.015 USD.
• The next resistance is expected to be at 0.0178 USD.

Tron seems to have reversed the earlier trend and over the last 24 hours, it is down by 6.35%. The current value is now at 0.015 USD and the three price swings have been in the range between 0.0168 USD and 0.01545 USD.

TRX Shows Mild Upside Bias

Tron’s first price swing started at 00:03 UTC and over the next 9 hours and 58 minutes, it fell to 0.01622041 USD after a 3.67% cut. The next variation happened between 10:33 UTC and 17:31 UTC which pushed the value to 0.01545 USD. This swing was followed by a small yet decisive event of strengthening that helped Tron to close the day at a higher value. Between 17:31 UTC and 01:14 UTC today, Tron gained 2.60% and added 0.0004 USD to touch 0.01585 USD.

Over the last seven days, Tron’s price movement pattern was more or less stable with few exceptions. In these 7 days, the value has been in the range of 0.015 USD and 0.016 USD.

Tron’s 50-day average is currently at 0.015498 USD and the current trading price at 0.01573805 USD, which is 1.54% above the 50-day average. Similarly, Tron’s 20-day average is forwarding at 0.01524 USD and the current value is 3.20% more than this figure. Also, as per TRX Price Prediction, Tron’s next resistance may come at 0.0178 USD.