TRON (TRX) Resumes Recovery, Added 5.5% Value in a Day

TRON has managed to get a hike over 5.5% in the last 24 hours. Its current value roams around $0.012069, and it may continue with the current trend for some more days. Investors need to wait until the end of the next quarter to realize considerable returns.

TRX/USD Price Chart

Over the last 4 days, TRON coin traded with positive momentum, and from March 24, it managed to stay above $0.0112. Yesterday, TRX coin started the day at $0.011420, and in the next 11 hours, it gathered momentum to add 2.33%, and the price touched $0.011686. It was followed by another 7.43% hike that took the TRX price to the highest point at $0.012193 by 00:10 UTC today. However, the currency couldn’t stand there for long, and over the next two and a half hours, it lost 2.66% and got confined to 0.01186925.

Further, at the time of writing TRON price analysis, it traded with having support from both the moving averages, namely, 20 & 50-day MAs. Its RSI stands around 63.99 points, and it is trending towards the overbought region. As per the current momentum, the next resistance may follow by $0.012086.