Tron was trading at $0.020007 on November 4, 2019, with the trend being downward. On the next day it rose for a short span and reached $0.020185. The price of the coin continued to fall further and reached $0.019777 on November 6, 2019. Despite this fall, it showed a growth of 5.29% on the same day. However, it was not able to maintain its efficiency at this level, and gradually the price started to recede. While writing this article, TRX was exhibiting a bearish run.
Tron Price Analysis:
Comparing the current trading price with that of November 6, 2019, we see that there has been a downtrend by 3.65% today. Since the crypto market is running bearish, the movement in the coin ill continues to be bearish in the upcoming days until the momentum accelerates.
The investors should take trading decisions as per their discretion based on their investment portfolio. Today, TRX is expected to be traded within the price range of $0.019448 and $0.019805. Over the past 4 days, the bears have dominated TRX, and thus the coin being traded at the lowest trading price of the said duration at $0.019239 yesterday. The trend for the coin was bullish only between November 6, 2019 till November 7, 2019. Hence it is advisable to trade from a long-term perspective as it has the potential to attain a great height.