TRX has been performing great in the last few months. This was another eventful week for TRX. We have seen the token lose a substantial amount of value. Today we loo
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 losing the support at 0.244$
After the fall and bounce, TRX started going upwards. It was just above 0.285$ only seven days ago. After the fall and bounce at the support zone of 0.224$, it started going up very quickly. Eventually, it broke out and made a jump. Because of that, TRX is now down 9.75% in a span of seven days. It has created a nice bullish trendline. But it is still below the resistance level of 0.38$ which is one of the crucial level. So, it needs to hold onto this support and break-though the resistance. Now, TRX is hovering around 0.258$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
0.000 SRY