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TRON’s Price Movement Spikes Hope for Upsurge

Written byMaxwell Mutuma
Edited by Niharika Deshpande
January 1, 2020
in Cryptocurrency News
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Tron coin gave an astounding result during the first half of the year. The price started falling from the third quarter, and the same continued till the end. However, the last quarter reflected that TRX coin is holding tight around $0.013.

The heavy plunges passed, but the currency exhibited tremendous hold around the same. The traders were quite impressed by Tron’s performance. The speculations believe that Tron might breach all the previous records in the coming quarter.

TRX Shows Mild Fluctuations

Yesterday, the Tron coin started the day at $0.0132. The price escalated to $0.0134 by 1.28%. The currency dropped tremendously again to $0.0132 by 1.52% fall. The TRX price improved and jumped to $0.0135 by 2.05% hike. The price slipped again and touched $0.0131. The closing hour brought a slight escalation in the price of Tron cryptocurrency. The price counters moved from $0.0131 to $0.0133 by 1.68%. The intraday movement in the coin reflected a marginal progression of 0.79% in the price. Today, Tron started trading with a slight uptrend. The price jumped to $0.0134 by 0.26%. The currency dropped to $0.0132 by 1.01%.

TRX News

Tron price is currently dealing at $0.013296, and as per Tron Price Prediction, we can see that the coin price seems to be sliding towards the immediate support at $0.0131. The coin is likely to violate the level in the coming hours.

The interested traders are recommended to opt for long-term traders. The short-term investment might not be quite fruitful; hence we wouldn’t suggest the same.

Resistance Level Price Support Level Price
R1 $0.013479 S1 $0.013143
R2 $0.013653 S2 $0.012981
R3 $0.013815 S3 $0.012807
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Maxwell Mutuma

Maxwell Mutuma

Maxwell Mutuma is a crypto journalist at NameCoinNews, with over five years of experience in digital media and Web3 reporting. Since turning his focus to crypto in 2020, he has covered articles around blockchain infrastructure, DeFi protocols, exchange developments, and the broader decentralization movement. Maxwell's work is driven by a long-held conviction that decentralised technology represents a genuinely transformative force. He brings that perspective to his coverage of on-chain developments, regulatory shifts, and the global adoption of Bitcoin and digital assets.

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