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.
TRX enjoyed a powerful uptrend from AUG'23 to FEB'24. In this time, TRX's price literally doubled. Although other cryptocurrencies faced a lot of hiccups in the road, TRX was very much stable in its growth. After a short break in this upward movement, TRX started going up again from AUG'24. The week started with TRX just below the resistance line of 0.18$.
After failing to break through the resistance at the 0.193$, TRX started falling downwards. It was just above 0.179$ only seven days ago. After the fall and bounce at the support zone, it started going up very quickly. Eventually, it broke out and made a jump. Because of that, TRX is now up 11.5% in a span of seven days. It has created a bullish trend. But it is still below the resistance level of 0.207$ where it got rejected. So, it needs to hold onto this support and break-though the resistance. Now, TRX is hovering around 0.2$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
VOTE @bangla.witness as witness
12.091 SRY