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 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. While many other cryptocurrencies encountered significant challenges, TRX reversed its movement and started going down. But in the beginning of this week, it started going up.
After a slight fall at the middle of the week and then getting bounced at 0.226$, TRX eventually showed it strength. So the rise after that was gradual. It was just above 0.23$ only seven days ago. TRX is up 2.1% in a span of seven days. It is still below the bearish trendline. So, it needs to hold onto the support below and break-though the resistance. Now, TRX is hovering around 0.235$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
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https://x.com/Arsalaan00070/status/1905247529626952128?t=8xbZvC4O3P_kzDAHzNU9fQ&s=19
It is a great post of Moving Charts: TRX Value Per Coin Analysis.
Buying at important supports and price holding above is a key indication of buyer dominance in a token. TRX is still performing far better than most of cryptos.