Hello and welcome to everyone at the Tron fan club. TRX has been performing great in the last few months. This was another eventful week for TRX. We have seen the token gain 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 months. In this time, 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 this last two month is becoming an exception, as TRX lost value this time. The week started with TRX breaking through the resistance level of 0.117$.
TRX started going upwards at the beginning of the week. It was at 0.115$ only seven days ago. After breaking the resistance, it went up very quickly. Over the span of last seven days, TRX created a week long bullish line (shown above).
TRX is up **3.6%** in a span of seven days. Following the week-long trendline, TRX kept its upward movement. Unfortunately, it got rejected at the resistance level of 0.123$. After getting stuck at this level, it started falling. Now, TRX is hovering around 0.122$. The next support level is 0.1215$. So TRX needs to hold onto this support level to break through the resistance.
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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