Connect with us

Price Analysis

Tron Price Analysis: Will TRX Hit $0.1?

TRX is showing optimistic growth and currently trading at $0.09328 with a market cap of $8,283,090,828  which is also showing 0.12% growth in the last seven days.

ShahZaib Ahmed

Published

on

tron (trx) price analysis

Introduction

The last week of October has been favourable to many cryptocurrencies and to Tron (TRX) as well. TRX is currently traded at $0.09328 and a further boost is expected. The all-time high value of TRX reached $0.3004 in 2018, and after that, it went down. TRX has been struggling for the last couple of years but in lost months and weeks, it has ranked itself 10th number.  

Price Value

The current market value of Tron (TRX) is $0.09328 and still fluctuating. It has shown 0.13% in the last 24 hours and its value is showing a volatile nature in the green line. However, if we look at the statistical data, TRX hasn’t touched its support level and showing slow and steady growth.

Also Read: XRP Weekly Price Analysis: XRP Sees 20% Metric Surge, Bulls Stay Optimistic

Statistical Data

TRX is showing optimistic growth and currently trading at $0.09328 with a market cap of $8,283,090,828 which is also showing 0.12% growth in the last seven days. Although, TRX has shown an 18.78% decline in the trading volume during the last 24 hours, prior to that it reached $0.09407 yesterday. TRX’s current circulating market supply is 88,843,326,477 TRX.  

Price Analysis

TRX seems bullish and regaining its momentum as it started moving upward from $0.08504 on 27th September 2023 and since then moving in an upward direction. In the last 30 days, TRX touched the support level two times but again became bullish and bounced back.

trx 7 day chart

During the last seven days, TRX has shown bullish movement and reached up to $0.09407 on 25th October and now trading at $0.09328 which is again to explode soon and move upward.

Price Prediction

If TRX moves on the same track, it is highly predictable that in the coming couple of weeks, TRX will be able to hit $0.1 and even go beyond. Crypto analysts are eyeing TRX and by analyzing the background records, they do affirm that TRX will hit $0.01 and go beyond in months to regain its legacy.

Conclusion

TRX is a 10th-ranked digital asset and can be a valuable asset in the coming time. The analysis and price prediction are based on the tools and expert’s analytical approach. But still, it is highly recommended to do your complete research before investing in TRX or any other asset.  

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *