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 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. This week started with TRX slowly falling down.

The week passed with TRX eyeing to break the resistance at 0.37$. TRX eventually made two attempts at breaking the resistance and got unsuccessful. TRX was just above 0.353$ only seven days ago. After the fallhrough through and then getting rejected at 0.37$, it is now rebounding again. TRX lost 3% value in a span of seven days. It is still below the bearish trendline created over the week. So, it needs to hold onto the support below at 0.34$ and break-though the resistance. Now, TRX is hovering around 0.343$.

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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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