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 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 losing the support level of 0.12$.

TRX started going downwards at the beginning of the week. It was at 0.121$ only seven days ago. But the sudden dump pushed the price downwards. However, TRX successfully bounced back. TRX's bounce and movements after that created a week long bullish line (shown above).

TRX is down 0.5% in a span of seven days. Following the week-long trendline, TRX regained the value it had lost. But after getting rejected at the 0.122$, it fell again. Now, TRX is hovering around the trendline. So TRX needs to hold onto this one to break through the resistance zone.

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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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