Tron Ecosystem, the parent company of TRX, disclosed some of its upcoming projects. The future of the coin is speculated to be good. The ventures would benefit Tron in the market. The previous days exhibited tremendous improvement. The current movement might experience a slight pullback due to the selling pressure. We are positive that it would be lifted soon.
TRON Price Analysis
TRX price was at $0.02176 on February 09. In the next 3 hours, the price escalated to $0.02238 by 2.28% and then it faced a steep fall to $0.0219 by 2.09%. At 07:37 UTC, the price jumped to $0.02279 by 4.03% hike. Later, the TRON price dropped to $0.02131 by a massive drop of 6.48%. After this fall, the TRX price escalated to $0.0221 by 3.77%. In the next 3 hours, the coin price dribbled to $0.0216 by 2.37%. The closing hours reflected the progression of 2.66%. Today, the TRON price plunged to $0.0210 by 5.37% fall in the initial 5 hours. At the time of writing, the coin was trading at $0.02179.
As per Trade99’s analysts, the TRX coin may trade upwards in the upcoming hours after testing its strong support. If we look at the current movement, the coin may trade up to its crucial support around $0.02101 soon. However, the current downtrend is likely to lift soon as per the technicals and overall price movement.
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