Tron [TRX] Technical Analysis: Coin falls into the bear trap

The past few days have been very difficult for the cryptocurrency market. The market is on a sideways movement with sudden fall and recovery in a day’s time. Tron [TRX], the ninth largest coin, has been following a similar pattern. However, it has been competing head-to-head with other major coins.

According to CoinMarketCap, the coin was valued at $0.0245 with a market cap of $1.6 billion. The coin registered a 24-hour trade volume of $146 million and notes growth by 1.85% over the past 24 hours, however, it is still falling by 0.08% over the past hour. The coin has recorded a growth of 7.79% over the past week.

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The post Tron [TRX] Technical Analysis: Coin falls into the bear trap appeared first on BlockBoard.

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