TRON’s Bullish Run Takes the Price to $0.02329

10 months ago

The TRX price movement has been quite amazing. The currency is hitting new intraday high gradually. In 24 hours, it would be the second time when the 90-days high got violated.

TRON cryptocurrency is likely to invite the much-awaited rally quite soon. After hitting $0.023, the traders are eyeing for the coin to go beyond $0.025. We are positive that the same would take place soon.

Tron Price Analysis:

TRON Price Today

TRON coin price was at $0.02076 during yesterday’s opening period. The price dribbled to $0.02030 by a marginal drop of 2.22%. With a moderate movement, the price escalated to $0.0210 in the next 7 hours. Then, TRX’s price dropped to $0.0204 and again locked its price level around $0.0209 for some time. Later, the coin marked a moderate fall and reached $0.0200 at 13:50 UTC. The coin marked a steep hike and reached $0.0232 by a massive hike of 16%. After this hike, TRON currency faced a slight fall of 4.48% and the price reached $0.0222 at 18:24 UTC.

The closing hour experienced a slight recovery, and the TRX coin closed the day at $0.0227. The intraday movement brought 9.51% upsurge. Today, TRON opened with a tight hold around $0.0225. The price slipped to $0.0224 by 1.84% in the next 5 hours. Then, the coin picked up the pace and reached to $0.0235 in the recent hour. At the time of writing this analysis, TRX coin was trading at $0.02329.

Tron is quite near the immediate resistance level at $0.0236. The same might get breached in the coming hours. However, if the coin price starts correction, the coin would find immediate support at $0.0208.

Resistance and Support Levels:

R1: $0.02369, R2: $0.02485 and R3: $0.02654

S1: $0.02083, S2: $0.01914 and S3: $0.01798