TRX coin was being traded at $0.013000 on September 30, 2019, with the bearish trend prevalent. It gradually started to rise in an upward manner and reached $0.017079 with a huge 31% rise on October 9, 2019. On October 23, TRX price was traded at $0.014165 and then managed to escalate to $0.017716 and eventually rose as high as $0.022419. There was an enormous growth of 58% shown by the coin. From November 19, Tron cryptocurrency began to dip down and due to multiple sharp falls, the coin reached $0.013330 with a 34% fall. Since then, the bears are dominating the coin.
Tron coin presents a price drop of 12% since December 23, when it was traded at $0.015265. As per Trade99’s analysts, the currency may continue to dip further and may reach near its immediate support of $0.013386 soon.
TRX can be held today or can even purchase new coins as the trend noticed. Although the Tron coin managed to bounce back from the bears since the end of October 2019, it couldn’t maintain its consistency levels. Hence, the bears regained back their control which seems will continue for some more time.