TRON(trx)market reviews and price predictions
TRON market statement for 2022-10-05
Yesterday the price of trx stood at $0.06. The market capitalization of the asset was $5 763 155 838. TRON’s volatility was established at 0.36%. The trading volume of the coin reached $265 953 169.
TRON prognosis for the next days:
We estimate the price of TRON to be $0.06 tomorrow 2022-10-08 and $0.06 on 2022-10-14;
We estimate the market capitalization of TRON to reach $5 574 900 998 tomorrow 2022-10-08 and $5 633 729 143 on 2022-10-10;
We estimate the volatility of TRON to become 1.85% tomorrow 2022-10-08 and 1.46% on 2022-10-10;
We estimate the trading volume of TRON to amount to $340 071 581 tomorrow 2022-10-08 and $311 288 054 on 2022-10-10.
Our recommendation for the pair TRX/USD for tomorrow, 2022-10-08, to sell.
Last week’s (September 29 - October 5) irresolute TRON : the price moved up no more than 4%.
The price of TRON was rising last from September 29 until October 5, giving enough reason to conclude that the market is bullish. The volatility of TRX has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Slightly bearish : traders witnessed TRON moving down 1% from September 22 till September 28.
The analysis of last week’s price action shows that the TRON market is in the bearish phase since the price has been moving downward. The volatility associated with the TRX market was low, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
TRON retraces by 2% in the period September 18 - September 24 as the market turns slightly bearish.
Between September 18 - September 24, TRON has been mostly bearish as its price has been in the falling mode. The volatility associated with the TRX market was low, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
TRON retraces by 4% in the period September 17 - September 23 as the market turns slightly bearish.
Between September 17 - September 23, TRON has been mostly bearish as its price has been in the falling mode. TRX has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
TRON retraces by 2% in the period September 16 - September 22 as the market turns slightly bearish.
The price of TRON was falling last from September 16 until September 22, giving enough reason to conclude that the market is bearish. The volatility of TRX has been low throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
TRON market stayed flat from September 15 - September 21.
TRON portrayed neutral behavior last week, with no changes in the price. The situation on the TRX market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Down by 3% : The TRON market saw some bearish action last week (September 14 - September 20).
The analysis of last week’s price action shows that the TRON market is in the bearish phase since the price has been moving downward. TRX has been going through a period of low volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
TRON retraces by 3% in the period September 13 - September 19 as the market turns slightly bearish.
TRON has been bearish last week as its price has been predominantly falling. TRX was caught in a period of low volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Down by 3% : The TRON market saw some bearish action last week (September 12 - September 18).
Between September 12 - September 18, TRON has been mostly bearish as its price has been in the falling mode. The volatility of TRX has been low throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Down by 3% : The TRON market saw some bearish action last week (September 11 - September 17).
The analysis of last week’s price action shows that the TRON market is in the bearish phase since the price has been moving downward. The situation on the TRX market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.