TRON price movement reflects a consolidation around $0.0130. The price of the coin has been floating around the same level since the closing hours of yesterday. The opening hour of yesterday brought a moderate plunge that drove the price from $0.0134 to $0.0130.
This decline in the TRX price might take some time to recover. The intraday traders might have to bear the loss. The indications of the price movement are bearish.
Yesterday, TRON coin started dealing at $0.0134 with a downside momentum. Then, the price dropped to $0.0131 within the first 30 mins, but then, it regained a $0.0134 mark in the next 4 hours and 25 mins by 1.94% hike. Later, the TRX coin couldn’t hold itself at this level and dribbled to $0.0130 by 2.93% fall at 08:09 UTC. From this low, the price picked up again and reached to $0.0132.
Further, the coin faced steep fall and reached $0.0128 by 3.45% decline. From this low, the TRON price embarked an improvement and touched $0.0131 and hung at this level till 23:00 UTC. At the closing hour, the price dribbled to $0.0128. The day-long movement brought 4.33% regression in the TRX price.
Today, the currency began with an astounding improvement. The price counters moved from $0.0128 to $0.0131, but later, it hovered around the same level till the time of writing this analysis. As per the current momentum, the currency might reflect a marginal improvement in the upcoming hours.