Monthly TRX Price Analysis: Month 02 (February, 2024)

in Tron Fan Club5 months ago

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DateOpenHighLowCloseVolumeMarket Cap
Feb 29, 2024$0.1422$0.1437$0.1404$0.1406$449,732,034$12,367,538,457
Feb 28, 2024$0.1429$0.1441$0.1410$0.1422$535,931,021$12,514,576,272
Feb 27, 2024$0.1399$0.1438$0.1398$0.1429$433,238,586$12,573,040,264
Feb 26, 2024$0.1376$0.1401$0.1374$0.1399$300,182,189$12,313,187,774
Feb 25, 2024$0.1374$0.1379$0.1373$0.1376$190,733,975$12,111,553,195
Feb 24, 2024$0.1382$0.1383$0.1370$0.1374$211,694,410$12,097,133,863
Feb 23, 2024$0.1389$0.1392$0.1377$0.1382$268,932,312$12,162,814,489
Feb 22, 2024$0.1397$0.1401$0.1387$0.1389$317,088,280$12,228,827,132
Feb 21, 2024$0.1393$0.1404$0.1387$0.1397$432,026,952$12,300,288,629
Feb 20, 2024$0.1364$0.1400$0.1360$0.1393$398,791,346$12,261,035,064
Feb 19, 2024$0.1352$0.1368$0.1352$0.1364$276,812,945$12,006,062,910
Feb 18, 2024$0.1359$0.1361$0.1348$0.1352$234,406,233$11,902,962,585
Feb 17, 2024$0.1329$0.1394$0.1327$0.1359$455,688,875$11,965,465,827
Feb 16, 2024$0.1312$0.1330$0.1309$0.1329$296,219,329$11,704,716,427
Feb 15, 2024$0.1297$0.1318$0.1297$0.1312$388,631,451$11,550,945,921
Feb 14, 2024$0.1269$0.1298$0.1266$0.1297$305,312,706$11,420,872,286
Feb 13, 2024$0.1251$0.1271$0.1248$0.1269$269,282,903$11,180,070,597
Feb 12, 2024$0.1243$0.1258$0.1237$0.1251$272,926,451$11,014,699,920
Feb 11, 2024$0.1244$0.1249$0.1241$0.1243$178,880,486$10,946,602,988
Feb 10, 2024$0.1238$0.1246$0.1231$0.1244$184,159,083$10,958,426,166
Feb 09, 2024$0.1219$0.1239$0.1218$0.1238$276,136,935$10,902,853,619
Feb 08, 2024$0.1235$0.1266$0.1212$0.1219$316,971,277$10,740,221,459
Feb 07, 2024$0.1209$0.1262$0.1209$0.1235$302,925,715$10,881,071,776
Feb 06, 2024$0.1189$0.1261$0.1189$0.1209$327,307,297$10,651,040,116
Feb 05, 2024$0.1184$0.1198$0.1178$0.1189$242,736,396$10,476,222,414
Feb 04, 2024$0.1172$0.1189$0.1170$0.1184$185,096,146$10,431,592,564
Feb 03, 2024$0.1163$0.1173$0.1160$0.1172$157,226,912$10,328,749,041
Feb 02, 2024$0.1156$0.1179$0.1156$0.1163$265,930,418$10,246,693,885
Feb 01, 2024$0.1122$0.1158$0.1117$0.1156$276,079,935$10,184,641,594

Source: https://coinmarketcap.com/currencies/tron/historical-data/

The TRX coin experienced fluctuations in its price, as evidenced by the daily opening, high, low, and closing values, along with the corresponding volume and market capitalization in the month of February 2024. On February 1st, the coin opened at $0.1122, reached a high of $0.1158, a low of $0.1117, and closed at $0.1156, with a trading volume of $276,079,935 and a market cap of $10,184,641,594. Over the course of the month, the price of TRX fluctuated, with both upward and downward trends. On February 29, 2024, the TRX coin price was $0.1406. The high for the day was $0.1437 and the low was $0.1404. TRX Coin had a market cap of $12,367,538,457 on this day. A slight rise is seen from the previous day's price. On February 28, 2024, the TRX coin price was $0.1422. The high for the day was $0.1441 and the low was $0.141. TRX Coin had a market cap of $12,514,576,272 on this day.

The highest closing price during the month was recorded on February 28th at $0.1422, with a trading volume of $535,931,021 and a market cap of $12,514,576,272. This marked a significant increase from the beginning of the month, indicating a positive trend in the coin's value. Conversely, the lowest closing price was observed on February 5th at $0.1189, with a trading volume of $242,736,396 and a market cap of $10,476,222,414. This represented a decline in value compared to the previous days, highlighting the volatility of the cryptocurrency market.

Throughout the month, TRX coin demonstrated fluctuations in its price range, with the highest daily high of $0.1441 on February 28th and the lowest daily low of $0.1117 on February 1st. These variations in price reflect the dynamic nature of the cryptocurrency market and the influence of various factors on the value of digital assets. Thus seeing the price changes every day shows that the price of TRX coin is changing. You can create your own investment strategy by looking at weekly and monthly price changes.

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 5 months ago 

I have seen the price appreciation for Tron gradually and the kind of analysis you have shared is quite informative.

Well detailed breakdown from you on the price of tron, concise and arranged beautifully. Tron is a nice blockchain and with the working from the developers I believe it will do well this bull run.

Trx still remain most undervalued coin in this space, TRX will do numbers during the mega bull run.

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 5 months ago 

Ya. Expecting so

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