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 and regain all of it back. 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. This week's journey started under the 0.14$ level and soon got rejected at the cloud above this level.

After the rejection on 15 February, TRX started bleeding. But TRX has become pretty much strong in the past few months and so was proved again. With a quick bounce, TRX came back to its previous value soon enough. With that move, TRX broke through the bearish trendline drawn above.

After the break-through, TRX started making a vertical move. It went directly to the 0.144$ level, where it got rejected. The newly created bullish trendline was lost soon enough creating a giant red wick. However, TRX has already started recovering from that fall. It is currently heading towards the resistance of 0.144$.

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All Screenshots are taken from Coingecko

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

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