TRON price has been suffered from the bearish pressure over the last few days. The currency was spotted trading around $0.015, but it looks like in the upcoming days, TRX coin may register growth and recover from the previous loss. From yesterday, the improvement in price trend is already felt. The same would strengthen in some time.
Today, TRON coin is dealing with a market cap of $1,005,228,713 and 24-hour volume of $1,220,222,196. The intraday movement is likely to remain moderate. The top trending coins like Bitcoin, Ethereum, Ripple, etc. are also spotted under the same pressure.
TRX/USD Price Chart
Yesterday, Tron was at $0.0150 during the opening hours. Within the first 30 mins, the price dribbled to $0.0148, but the same improved immediately and touched $0.0151. From this high, the coin faced steep fall and dropped to $0.0147, but in the next 4 hours, the TRX coin price improved to $0.0150. Later, Tron price again dropped and touched $0.0145 from $0.0150 by 2.82%, and then, it recovered immediately to $0.0148.
Further, the TRON price slipped to $0.0147 and escalated to $0.0154 by 4.83%. The currency fell tremendously to $0.0147 by 4.45% but improved again and touched $0.0152 at 22:40 UTC. The intraday movement of the TRX coin reflected marginal regression. Today, the opening hours brought escalation in the coin, and the price moved from $0.0150 to $0.0152 by 1.64% hike. Then, the price dribbled to $0.0149 and hovered around the same level with a spike at $0.0152.
From the past few weeks, TRON traded under the market pressure, but recently, it initiated moderate recovery. However, as per the current movement and Trade99’s analysts, TRON price is likely to trade towards the immediate support level at $0.0147 in the upcoming hours before registering any steep upward movement. However, if it reverses the current trend, TRX’s price could climb to the immediate resistance level at $0.0153.