TRON Witnesses a Bullish Week as it Gains 14% in 7 Days

As the whole market has gone through sudden ups and downs, the TRON coin seems to have managed itself well. Over the last week, it has been up by 14.67% and maintained an uptrend for most of the days. It is likely to continue the uptrend in the upcoming weeks.

TRON Price Analysis

TRX/USD was at $0.011569 at the starting of April 01, and over the next day, it was up by 8.91% value and touched $0.0126. Then, it faced a steep fall, and the price fell to $0.0118, but from this low, it was followed by another significant escalation that marked between April 02 and 07. In these five days, the TRON price managed to add $0.0022 and reached the highest point of the week at $0.014054. Since yesterday, the coin has reversed the trend. Over the last 24 hours, the TRX price has been pulled down by almost 6%, and it spotted at $0.013187.

TRON’s current value at $0.013267 holds support from its 20 days MA ($0.013252), and if the coin regains its upside momentum then, it may test the next resistance at its 50 days MA ($0.01332). The RSI of TRX coin has fallen below 50 points. Investors may find the value at $0.013739 by this weekend. However, there may be a few ups and downs in this period.