Hello and welcome to everyone at the Tron fan club. TRX has been performing great lately. This was another eventful week for TRX. We have seen the token lose a substantial amount of value. Today we look back at the price movements of TRX over the last few days.
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TRX was already on an uptrend for the past few weeks. In the past few months, TRX's price literally doubled. Although other cryptocurrencies faced a lot of hiccups in the road past few months, TRX was pretty much stable in its growth. But last week was an exception, as TRX lost value this time. The week started with TRX losing the support level of 0.139$.
TRX started going downwards at the beginning of the week. But it soon took a turn and started going upwards. It went to the new resistance level of 0.139$ in the middle of the week, where it got rejected very badly. After that, it started slowly bleeding.
TRX is down **4%** in a span of seven days. Following a week-long bearish trend (shown above), TRX is still going downwards. This week-long bearish trendline became a crucial thing. Now there is a support level at 0.130$. So TRX needs to hold onto this one to break through the bearish trend.
All Screenshots are taken from [Coingecko](https://www.coingecko.com/en/coins/tron)
**No words from this article should be taken as financial advice.**
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