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 has been experiencing a strong uptrend since August 2024, with its price doubling during this period. While many other cryptocurrencies encountered significant challenges, TRX maintained steady and consistent growth. But this week, TRX failed to continue its previous movements, as it got rejected at 0.258$ and made sharp fall.

After the upward movement and then getting rejected at the beginning of the week, the fall was almost vertical. It was just above 0.249$ only seven days ago. After the rise and rejection at 0.258$, it came down to 0.20$. Luckily, getting bounced, TRX regained some value. Because of that, TRX is now down 8% in a span of seven days. It is still below the resistance level of 0.233$ which is one of the crucial level. So, it needs to hold onto the support below and break-though the resistance. Now, TRX is hovering around 0.229$.

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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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