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 unable to perform like before in the recent times. This was another eventful week for TRX. We have seen the token gain and then lose a substantial amount of value. Today we look back at the price movements of TRX over the last few days.

Made with Canva.

TRX has been experiencing a long consolidation period from start of this year, with its price fluctuating in a range. But recently, it gained strength and started going up. While many other cryptocurrencies is experiencing sigficant gain, TRX is pretty stable and slowly gaining value. But this week was a bad one for TRX. This week started with TRX slowly fluctuating.

The week passed with TRX eyeing to get some strong support. TRX eventually made failed to ride on the strong support level of 0.334$ and fell through it. TRX was just above 0.34$ only seven days ago. After the fallhrough, it is now hovering above 0.33$. TRX lost 2.3% value in a span of seven days. It is still below the bearish trendline created over the week. So, it needs to hold onto the support below at 0.33$ and break-though the resistance. Now, TRX is hovering around 0.332$.

---

All Screenshots are taken from Coingecko

---

No words from this article should be taken as financial advice.

VOTE @bangla.witness as witness

OR

SET @rme as your proxy