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TRON Witnessed a Bullish Week; May Soon Breach $0.0195

byKelvin Maore
February 4, 2020
in Cryptocurrency News
  • TRON added more than 12% in the last seven days and traded from $0.017093 to $0.019165
  • The next resting point may come at $0.01953

Over the last seven days, TRX price has been increased by a whopping 12.12%. From the last few days, the currency continues to move in sideways, and it seems that the ongoing trend may continue for some more days.

TRON Trades Sideways Near $0.0192

TRX coin opened the January 28 at $0.017093, and in the next day, the price was increased by a massive hike of 14.92% and managed to get placed at $0.019644. It was followed by a 7.23% decrease in the TRON price, and this swing cost it $0.001419 and pulled the price down to $0.018224 by January 31. Later, TRX coin started showing strength, and by today, it was pumped up by 6.43% and placed at $0.019395.

Tron News
TRX/USD Chart By TradingView

TRON’s current momentum is likely to be retained for the near-term. It’s 50 days MA ($0.019244) and 20 days MA ($0.019305) are trending above the current price that is at $0.019165. As per TRON price forecast, the TRX coin trades sideways, and hence, it is difficult to predict the next halting point for the TRON cryptocurrency. Investors may see a higher degree of growth in the coming days, but unprecedented spikes will always be there.

TRON (TRX) Resistance and Support Levels
1st Resistance $0.01953
2nd Resistance $0.01984
3rd Resistance $0.02012
1st Support $0.01893
2nd Support $0.01865
3rd Support $0.01834
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Kelvin Maore

Kelvin Maore

Kelvin M. Maore is a seasoned crypto market analyst with half a decade of hands-on expertise. Through concise updates and a creative flair for storytelling, he demystifies blockchain developments, guiding readers confidently through every market twist.

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