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Will Tron Manage to Regain Its Momentum and Rise Upwards?

byMaxwell Mutuma
November 7, 2019
in Cryptocurrency News

Tron price comparison since the past few days of this month shows the downside movement today. It was being traded at $0.020009 on the said date, and the price started to grow and reached $0.020460 the same day. However, it started to decline, and with a couple of sharp falls, it reached as low as $0.018791 on November 4, 2019. In the next few days, the movement was almost at the same pace without any drastic change as such. Yesterday the coin witnessed a steep rise and was being traded at $0.020835. While writing this analysis, TRX was moving downwards.

Tron Price

TRX Down 5% but Buy Signal Holds

Tron is indicating a downtrend of 5.41% as compared to the price rise of yesterday. The same trend may remain with the TRX coin, and as per TRON Predictions, we can predict that the price might be reached to its immediate support of $0.019685 soon.

We strongly suggest to purchase new TRX coins and retain the same for the long-term. It can be traded today in the range of $0.019580 and $0.020156. The past five days, the trend for the coin has been majorly bullish, barring the falls between the date of November 3, 2019, till November 4, 2019.

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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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