TRON (TRX) Exhibits Moderate Upsurge in the Month-long Movement

TRON cryptocurrency is anticipated to be a great potential in the future. The currency has kept the moderate upside momentum intact amid the tremendous pressure. The traders can dig-in with a high prospect of return. The coin is recommended for short-term investors. The same would bring colossal profit to the traders.

TRX Price Prediction

On January 26, 2020, at 00:00 UTC, Tron price was trading at $0.0160, and then, it escalated to $0.0195 by a massive hike of 21.85% in the next three days. Then, the currency locked itself around $0.0196 and remained at the same level till 22:30 UTC on February 04. The price escalated to $0.0231 by 21.08%. The coin dribbled to $0.0209 by 9.81%. In the next four days, TRON price escalated again, and this time, it touched $0.0266. However, the coin couldn’t stay at the level for long and thus fell to $0.0201. The coin improved to $0.0224 by 11.28%. The coin dropped to $0.0195 by a massive fall of 13.47%. The coin again spotted locked around $0.0196.

As per the MACD indicator, the MACD line moves above the Signal line, and the same indicates that the price may trade upwards moderately in the next few hours. However, TRON coin seems near the immediate support level at $0.0190, but chances of climbing to the immediate resistance level at $0.0210 are relatively higher.