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Tron’s Intraday Movement Reflects Heavy Price Plunge

byRitu Lavania
December 10, 2019
in Cryptocurrency News

Tron (TRX) price movement was spotted improving in the past few weeks. As soon as, the ongoing month embarked, the TRX coin started registering downtrend. As per the current trend, it may trade downwards once again. Yesterday, Tron price was spotted dealing at a high of $0.014768 and a low of $0.014387. The volume marked in the coin was $945,176,795.

TRX Slips Below Key Support Level

Yesterday, the TRX coin started dealing at $0.0147. The price dropped to $0.0145 by 1.25%. The coin kept trading at the same level for some time. The trend was followed by an upsurge that took Tron price to $0.0148. The currency again reflected fall and the price dropped to $0.0144 by 2.57% fall. The downtrend remained intact and the TRX coin touched $0.0142 by 1.46%. Tron price escalated to $0.0144 by 1.26%. The intraday movement in the coin reflected 2.17% regression in price. Today, Tron again opened with a downside movement. The price counters moved from $0.0144 to $0.142 by 1.18%. The TRX price recovered later to $0.0143 but again dropped to $0.0142 by 0.73%.

Tron Price

 

The efforts seem to fade due to the ongoing market pressure. The same is expected to lift in some time, and the traders can then expect recovery. For intraday traders, Tron cryptocurrency is currently dealing with $0.014284. The price is already dealing below the immediate support level. As per TRON Forecast, it looks like the coin might be breaching the next support level at $0.0141 in some hours. The traders interested in coins are recommended for short-term investment. The same is speculated to the desired result.

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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