- TRON gained a massive 14.32% in the last seven days to get placed at $0.01668
- The next resistance may come at $0.017 with a bullish medium-term outlook
Like most of its peers, TRON coin has also managed a decent hike over the last seven days. In this period, it has been up by a whopping 14.32%, and the current price is now at $0.01668. However, the current trend has been marred by inaction, and no quick movement seems possible in the coming hours as well.
TRX/USD Price Chart
TRX coin was being traded at $0.01459 on January 14, and then, it got a hike to the extent of 23.62% and touched $0.01804 by 10:20 UTC on the next day. After this huge escalation, the TRON price saw a sudden drop, and it reached $0.016090. However, from this price point, the currency has started recovery.
Over the next three days, TRON’s value got a boost to the extent of 12.42%, and the price touched $0.01808. The last price shift happened between January 19 and today. In these two days, TRX price has shrunk by 8.83% and traded to $0.01649 from $0.01808.
TRON coin has marked slow and steady recovery after having a steep fall on January 19. Its current value is trending above its 50 days and 20 days moving averages by a marginal change. And hence, we may see the continuation of this recovery as of now. Trade99’s analysts predict that in the medium-term, TRX price is likely to grow, and the next resistance may come around $0.017.