The cryptocurrency market that had seen major gains in the last week of 2018, has fallen prey to the bear’s chase and is bleeding. Tron [TRX], the only coin that has previously resisted the bear is also wounded in the bear’s attack. It had noted growth of over 20% in the past day but this changed as the bear struck. It took down the eighth largest coin by more than 10% in an hour. However, at the time of press, the coin seems to be recovering.
According to CoinMarketCap, the coin was valued at $0.0296 with a market cap of $1.9 billion. The coin registered a 24-hour trade volume of $696 million and notes a fall by 4.09% over the past hour. The coin reflects the growth of 9.20% over the past 24 hours, with over a week’s growth recorded to be 48.14%.
The post Tron [TRX] Technical Analysis: Bear feasts on the bleeding coin appeared first on BlockBoard.