TRON (TRX) has time and again proven its mettle against the bearish pressure in the crypto market. Even the past one-day price movements have seen the coin take on the bears mightily with the price movements being in the range between $0.0115 – $0.01249.
Over the last few days, TRON coin managed to trade above $0.011 mark with moderate volatility. Recently, the coin has crossed $0.012 mark but faced rejection above it, but as per the current momentum, TRX price might soon breach its next resistance around $0.0125.
TRX/USD Price Chart
TRON price has given a good fight to the continual bear pressure since the last few days. Yesterday, the coin was at a low of $0.01156 at 1:07 UTC. Then onwards, there was a slow and steady upward momentum observed, which took the price of TRX coin to a high of $0.01249 at 17:04 UTC, the upward swing being to the tune of 8.01%. However, from this high, the currency faced steep downside correction, and the price fell to $0.01189 at 20:29 UTC, showing a fall of 4.85%. Then in the next 2 hours, the price of TRON cryptocurrency marked a moderate hike of 1.58%, which took the price to $0.01208, but later, at the time of writing, it corrected down to $0.0119.
TRX coin has seen many fluctuations ever since the volatility set into the crypto market. This has not deterred the intent of the coin to move in the upward direction at regular intervals, as seen yesterday also. Analysts expect TRON to continue to withstand against the selling pressure and go for a stable upward momentum. Investors can continue to hold on to their current investments as the short-term volatility is expected to subside in the ensuing months.