TRX has been unable to perform like before in the recent times. This was another eventful week for TRX. We have seen the token gain small value and then lose a substantial amount of value back. Today we look back at the price movements of TRX over the last few days.

TRX has been experiencing a long consolidation period from start of this year, with its price fluctuating in a range. But recently, it lost strength and started going down. While many other cryptocurrencies is experiencing sigficant lose, TRX is pretty stable and slowly losing value. This week was a bad one for TRX. This week started with TRX falling towards the support level of 0.293$.

The week passed with TRX trying to gain strength, bouncing several times on the support level of 0.293$. TRX was just above 0.322$ only seven days ago. After the fallhrough and pullback, it is now hovering above 0.293$. TRX lost 9% value in a span of seven days. It is still below the bearish trendline created over the week. So, it needs to hold onto the support below at 0.29$ and break-though the resistance.