Moving Charts: TRX Value Per Coin Analysis | 10% To @tron-fan-club

arsalaan (76)in Tron Fan Club • 7 months ago (edited)

Hello and welcome to everyone at the Tron fan club. TRX has been performing great in the last few months. This was another eventful week for TRX. We have seen the token lose a substantial amount of value and gain that back again. 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 months. In this time, 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 this month is becoming an exception, as TRX lost value this time. The week started with TRX heading towards the resistance level of 0.12$.

TRX started going downwards at the beginning of the week. It was at 0.119$ only seven days ago. But it got back up and successfully crossed the resistance level. TRX's breakthrough even created a week long bullish line (shown above).

TRX is up 0.2% in a span of seven days. Following the week-long trendline, TRX regained the value it had lost. But it got stuck at 0.13$. After getting rejected at that resistance level, it fell again. Now, TRX is hovering around 0.12$. So TRX needs to hold onto this one to break through the resistance zone.

All Screenshots are taken from Coingecko

No words from this article should be taken as financial advice.

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