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 and then gain 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 has been experiencing a strong uptrend since August 2024, with its price doubling during this period. But recently, the trend slowed down. While many other cryptocurrencies is experiencing sigficant gain, TRX is pretty stable and just fluctuating. This week started with TRX slowly falling down.
The week started with TRX trying to break the resistance at 0.285$, and soon enough, it became successful at doing so. TRX eventually completed the retest process and started going upwards after that. TRX was just above 0.273$ only seven days ago. After the rejection at 0.295$, it is now falling. TRX gained 6.4% value in a span of seven days. It is still below the resistance zone of 0.295$. So, it needs to hold onto the support below at 0.285$ and break-though the resistance. Now, TRX is hovering around 0.29$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
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