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. Today we look back at the price movements of TRX over the last few days.
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TRX enjoyed a powerful uptrend from AUG'23 to FEB'24. In this time, TRX's price literally doubled. Although other cryptocurrencies faced a lot of hiccups in the road, TRX was pretty much stable in its growth until the last three months. This last three month is becoming an exception, as TRX lost value this time. The week started with TRX breaking through the resistance zone of 0.112$.
After fluctuating a lot at the beginning of the week, TRX started going upwards. It was just under 0.111$ only seven days ago. After breaking through the resistance, it started going up very quickly. But in the middle of the week, it got rejected at 0.115$.
TRX is down 3.3% in a span of seven days. This happened because after getting rejected at the resistance, it quickly fell. But it is still following the bullish trendline that it created. Following the days long trendline, TRX is going upwards. Now, TRX is hovering around 0.115$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
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https://x.com/Arsalaan00070/status/1798657031978844188?t=ZyhySzfOxJo-7JqkKGsv3w&s=19
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