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. But recently, the trend slowed down. While many other cryptocurrencies is experiencing sigficant gain, TRX is pretty stable and just fluctuating. This week started with TRX slowly fluctuating up and down.
After a slight fall at the start of the week and then getting bounced at 0.24$, TRX eventually showed it strength. So the rise after that broke 0.247$, but got rejected soon after. TRX was just above 0.243$ only seven days ago. TRX is up 1.3% in a span of seven days. It is still below the resistance zone of 0.254$ where is got rejected. So, it needs to hold onto the support below at 0.244$ and break-though the resistance. Now, TRX is hovering around 0.247$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
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Moving Charts: TRX Value Per Coin Analysis is a great post you have shared.
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It was nice to see the technical analysis of trx.
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