Hello and welcome to everyone at the Tron fan club. TRX has been unable to perform like before in the recent times. This was another eventful week for TRX. We have seen the token gain small value and then lose a substantial amount of value back. Today we look back at the price movements of TRX over the last few days.
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TRX has been experiencing a long consolidation period from start of this year, with its price fluctuating in a range. But recently, it gained momentum and started going up. While many other cryptocurrencies is experiencing sigficant gain, TRX is pretty stable and slowly gaining value. This week was a good one for TRX. This week started with TRX rising past the resistance level of 0.30$.
The week passed with TRX trying to gain, bouncing on the resistance level of 0.295$. TRX was just near 0.295$ only seven days ago. After the fallhrough and pullback, it is now hovering above 0.30$. TRX gained **1.4%** value in a span of seven days. It is still above the bullish trendline created over the week. So, it needs to hold onto the support below at 0.30$ and break-though 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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