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 small 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 very much stable in its growth. After a short break in this upward movement, TRX started going up again from AUG'24. The week started with TRX rising to the resistance level of 0.259$
After the breakthrough of that resistance level, TRX started going upwards. It was just above 0.256$ only seven days ago. After the rise and rejection at 0.265$, it started going down very quickly. Eventually, it lost the support below. Because of that, TRX is now down 0.6% in a span of seven days. It is still above the bullish trendline. But it is below the resistance level of 0.27$ which is one of the crucial level. So, it needs to hold onto this support and break-though the resistance. Now, TRX is hovering around 0.254$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
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