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Will TRON Manage to Hold the Current Momentum?

byMaxwell Mutuma
December 30, 2019
in Cryptocurrency News

Tron price movement has improved recently. The last few days have impressed the traders. Intraday trading is expected to give the flourishing result. The same might continue in the near-term and hence, the next term holds a lot of expectations.

Yesterday, TRX coin began the day at $0.0134. The price jumped to $0.013493 by a marginal hike of 0.27%. The uptrend escalated the Tron price to $0.01366 by 1.21%. The coin kept the uptrend locked and the price moved to $0.013788. The highest price touched by Tron cryptocurrency was at $0.013870. The price dropped in the later hours to $0.013656 by 1.54%.

The TRX price escalated once again to $0.0138 by 1.32%. The closing hour brought the coin to $0.0137 by 1%. The intraday movement in the coin brought 1.82% escalation in the TRX price. Today, the Tron price slipped to $0.01364. Recently, the currency took an astounding jump to $0.0138 again by 1.43%.

TRX Eyes Breakout Beyond Resistance

Tron Price News

Moreover, as per TRX Coin Price Prediction, Tron’s price can be expected to breach the immediate resistance level at $0.0139 in the next few hours. The traders might have a flourishing day ahead. The past year has been quite a power-packed. The coming term is speculated to have a better return and stable movement. The traders interested in TRX coin are recommended to opt for the long-term investment as it might be best suited for a colossal profit.

Resistance Level Price
R1 $0.013968
R2 $0.014192
R3 $0.01446
Support Level Price
S1 $0.013476
S2 $0.013208
S3 $0.012984
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Maxwell Mutuma

Maxwell Mutuma

Maxwell especially enjoys penning pieces about blockchain and cryptocurrency. He started his venture into blogging in 2020, later focusing on the world of cryptocurrencies. His life's work is to introduce the concept of decentralization to people worldwide.

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