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TRX Breaches its Crucial Resistance; May Push the Limits Further

Written byRajpalsinh Parmar
Edited by Niharika Deshpande
January 28, 2020
in Cryptocurrency News
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  • TRON gains 2.89% over the last 24 hours and touched $0.017302
  • It may soon stumble upon the next resistance point of $0.017349

TRON cryptocurrency seems to be in no mood of stopping for a while. Yesterday, it went across its next resistance point $0.0175, and it currently roams around $0.017302. The total gain of the day has stayed at 2.89%.

TRON (TRX) Nears Key Resistance at $0.01734

TRX price was at $0.016814 at the starting of the day, and in the initial 15 hours and 49 minutes, it gathered momentum and added 2.70% to find itself at $0.01726910. However, the growth was not a long-standing one. TRON crypto soon got weakened by 1.87% to get placed at $0.016946 by 23:45 UTC. Since then, the coin was making efforts for price improvement. Towards the closing of the day, it shows a steep hike and got soared by 3.5% and went to the highest point of the day at $0.017539.

TRX News

The market cap on yesterday was at 1.142 billion USD, and over the last 24 hours, it stands at 1.160 billion USD. TRON’s current price at $0.01730229 is yet to go near its short-term moving averages. It holds the fact that TRX coin has even more potential to fetch an upside movement. As per our TRX coin price prediction, the next resistance seems imminent at $0.017349. Investors may witness price fluctuation on the intraday level.

TRON (TRX) Resistance and Support Levels
1st Resistance $0.01734
2nd Resistance $0.01756
3rd Resistance $0.01783
1st Support $0.01685
2nd Support $0.01658
3rd Support $0.01636
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Rajpalsinh Parmar

Rajpalsinh Parmar

Rajpalsinh Parmar is a crypto journalist at NameCoinNews with three years of experience covering the fast-moving world of Web3, NFTs, and blockchain technology. He tracks everything from NFT market cycles and metaverse platform developments to altcoin project launches and DeFi innovations. Rajpalsinh has a particular focus on emerging blockchain ecosystems and the convergence of gaming, culture, and decentralized technology. His reporting keeps a close eye on builder activity, tokenomics, and protocol-level changes that shape long-term market narratives.

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