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 small amount of value. Today we look back at the price movements of TRX over the last few days.
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TRX enjoyed a powerful uptrend from AUG'23 to FEB'24. In this time, TRX's price literally doubled. Although other cryptocurrencies faced a lot of hiccups in the road, TRX was very much stable in its growth. After a short break in this upward movement, TRX started going up again from AUG'24. The week started with TRX falling through the bullish trendline support.
After the falling through the line, TRX started going downwards. It was just above 0.255$ only seven days ago. After the fall and bounce at 0.244$, it started going up very quickly. Eventually, it came around the resistance zone of 0.25$. Because of that, TRX is now down **2.6%** in a span of seven days. It is below the resistance level of 0.25$ which is one of the crucial level. So, it needs to hold onto this support and break-though the resistance. Now, TRX is hovering around 0.248$.
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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