TRON (TRX) Prices Rise By 10.84% Hovering Over $0.0119

  • The cryptocurrency maintained a sustainable climb and reach the topmost level in the recent.
  • TRON also recovered the loss due to the market collapse and setting new high limits
  • The TRX/BTC pair is performing negatively with the overall loss of -1.98% bringing the level to 0.00000184.

The TRON prices are making a steady climb, even after facing fluctuation, prices manage to hit the recent high.

There is also a piece of good news for  TRX traders, TRON CEO Justin SUN made an announcement that the network has released a new upgrade. That is Odyssey 3.7

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With this new upgrade, users can deploy blockchain with their own personalized standards and due to this up-gradation, there will be changes in the network. 

TRON is also completely over the market collapse of last week. The prices of the cryptocurrency are rising and if they continue on this pace TRX can have the break they seek.

The current  market capital is $797,284,310USD, with volume traded of $1,245,679,707 USD and the circulating supply of 66,682,072,191 TRX.

TRON


The Technical chart reflects that bulls are back in the game. Currently, TRX are at their peak as they reach the highest level after the suffering of the collapse. After getting the strong support of $0.0101 prices were able to make the significant climb the want. Prices are head to head against the resistance level  $0.1277

The technical indicators and oscillators are showing heavy volume in buying of the cryptocurrency due to the bullish momentum of the market.

The MACD levels are showing that there is a major bullish dominance due to the heavy buying volume.

The 24hr – RSI is having major bullish dominance as it reaches the over buying region with a static climb.

The 24hr-CCI is about to touch the normal zone after climbing down from the over buying region.

Resistance Level: $0.0272 and $0.0200
Support Level: $ 0.0101 and 0.0093

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Ayush Malviya
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.

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