Moving Charts: TRX Value Per Coin Analysis | 10% To @tron-fan-club
Hello and welcome to everyone at the Tron fan club. TRX has been performing great lately. This was another eventful week for TRX. This week TRX has both losses and gains, but mostly it's a comeback story. We have seen the token lose a substantial amount. Today we look back at the price movements of TRX over the last few days.
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TRX was already on an uptrend for the past few weeks. In the past few months, TRX's price literally doubled. Although other cryptocurrencies faced a lot of hiccups in the road past few months, TRX was pretty much stable in its growth. But last week was an exception, as TRX lost value this time.
TRX started going upwards at the beginning of the week. But it soon took a turn and started going downwards. It went down the 0.142$ level, from which it started its journey this week. After that, it started slowly bleeding.
Following the bearish trend, TRX is still going downwards. This week long bearish trendline (shown above) became a crucial thing. Now there is a support level at 0.139$. So TRX needs to hold onto this one to break through the bearish trend.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
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trx has performed very well recently after giving its ups and downs movement in the past few days. And I am hopeful that it will show more wonderful movement in the future.
We all hope that Tron make more progressive rise, thanks for the update
Thanks alot friend for this information about trx and the analysis by you, always nice to see such.
Thank you for posting a detailed analysis of TRX token, this will help in making decisions while investing in TRX.
You have given a very nice explanation about TRX coin. It is very important that we all have an idea about this because it is a very beautiful coin. Thank you I have understood a lot from here. Best wishes to you.