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Moving Charts: TRX Value Per Coin Analysis | 10% To @tron-fan-club

arsalaan - 2024-03-20 19:25:06






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 lose a substantial amount of value. Today we look back at the price movements of TRX over the last few days.




![20230105_020346_0000.png](https://cdn.steemitimages.com/DQmXignQAQjdxAifyvZ3iyut2CuNYKaXERzVwT8tGXPxiwg/20230105_020346_0000.png)
Made with Canva.






![Screenshot_20240321-053425_Binance.jpg](https://cdn.steemitimages.com/DQmZHuV4vFQJMBQ2xUsGY3wBZJ6KAffsHwWee5KhnWqnaoR/Screenshot_20240321-053425_Binance.jpg)


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 month is becoming an exception, as TRX lost value this time. The week started with TRX losing the support level.





![Screenshot_20240321-053457_Binance.jpg](https://cdn.steemitimages.com/DQmWyT1zKwE9qCKDS7DjX1CGT8vgzN7bLMbjNkoYvAXBXKz/Screenshot_20240321-053457_Binance.jpg)



TRX started going downwards at the beginning of the week. It was at 0.132$ only seven days ago. But the continuous bleeding pushed the price downwards. TRX's free fall created a week long bearish line (shown above). Although the fall was not significant in the first few days of the week, it became more red in the last few days.





![Screenshot_20240321-053618_Binance.jpg](https://cdn.steemitimages.com/DQmWEMes1Bd2Uz3mkdqP5SmUt9UAX4feUEaYf1z1cARpANZ/Screenshot_20240321-053618_Binance.jpg)


TRX is down **8.2%** in a span of seven days. Following the week-long bearish trend, TRX lost the support at 0.124$ also. After losing the support, it fell more quickly. Now there is a support level at 0.11$ zone. 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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