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 gained strength and started going up. While many other cryptocurrencies is experiencing sigficant gain, TRX is pretty stable and slowly gaining value. But this week was a bad one for TRX. This week started with TRX falling through important support level of 0.339$.
The week passed with TRX trying to find a strong support level. TRX eventually became successful at doing so. TRX was just above 0.348$ only seven days ago. After the fallhrough and pullback, it is now hovering above 0.335$. TRX lost 4.2% value in a span of seven days. It is still below the bearish trendline created over the week. So, it needs to hold onto the support below at 0.33$ and break-though the resistance.
12.363 SRY