The overall market slowdown also impacted Tron’s last 12 months. It has been through many ups and downs and finally, it is about to end this year with almost 32% loss. The current value has been confined to 0.013218 USD now.
TRX coin started growing right at the starting of 2019. From January 01 to June 03, Tron cryptocurrency managed a 96.55% hike that added 0.018752 USD to the value. However, owing to the devastation in the market in June, Tron’s price started falling. It got to the abysmal low at 0.012634 USD by September 24. The next few days saw little growth in the value to find a fall again. The last major swing happened between October 30 and December 29. In these 60 days, the Tron coin lost 39.98% value to touch 0.01323 USD.
TRX Struggles Below Key Averages
Tron’s market cap also has taken a massive hit over the last 12 months. At the starting of this year, the market cap was 1.303 billion USD, and it has been confined to 891.798 million USD as of now.
TRX’s current price is trading below its 50 days MA and 100 days MA by a huge margin. However, as per our TRX price prediction, we can predict that the Tron price will be expected to grow in the long-term. And according to that, the next resistance is expected at 0.013818333 USD.
| TRON (TRX) | Resistance and Support Levels |
| 1st Resistance | $0.013818 |
| 2nd Resistance | $0.014236 |
| 3rd Resistance | $0.014484 |
| 1st Support | $0.013152 |
| 2nd Support | $0.012904 |
| 3rd Support | $0.012486 |
