Tron (TRX) has been slowly gearing for a stable momentum since the beginning of 2020. Even during the last week, the TRX coin has shown a stable performance for most of the week. The price of the coin was seen oscillating in the range between $0.0072 – $0.0109.
TRON Price Analysis
TRX coin has put up a stable performance even though it stated the week below the baseline. The price started with a steep fall on March 13, and in the first hour, it reached $0.00718. After hitting this low, it marked a sharp upward movement of a massive hike of 50.32% on the same day, and the price reached $0.0108. From this high, the TRON price fell slightly to $0.00919 on the same day. After this fall, TRX coin continued to put up a stable performance as its price aced up to $0.0108 on March 15 by 18.59% hike.
On the next day, however, the price fell to $0.008650 by a massive fall of 20.52%. Then, it managed to recover on March 17, showing an upward momentum of 19.31% at $0.0103. At the time of writing this analysis, the price of TRON has marginally fallen to $0.01013. TRX price has slowly picked up the pace from the sluggish start to the year, and then, the market crash has reversed its trend, and it has now been showing a regressive trend. However, currently, it trades with slight stability and might consolidate here for some time.