Tron (TRX) Price is Finally Seeing Some Bullish Steam, Is It A Good Time To Invest?

TRON, one of the leading digital currencies out there with the goal of converting the internet to a decentralized platform, revealed via its CEO Justin Sun that the network will enter a partnership with Liverpool football club. Sun made the announcement via a tweet yesterday. According to the report, the Tron Foundation will reportedly enter a beneficial accord with British professional soccer club Liverpool FC. What this means for the price of TRON remains to be seen. Although, investors and enthusiasts are hopeful that if the report is true the decentralized Blockchain solution will have a bump.

TRON is currently number 11 among the top digital assets by market capitalization. Despite the fact that a spoken person representing Liverpool FC told Decrypt Media that “the British Football Club hasn’t had a partnership with TRON,” Sun is confident that there’s an upcoming partnership between both entities. How does the price of TRON fair in the last ten days and 24 hours?

TRON (TRX) Price Today – TRX / USD



TRON Price Prediction: The Price of TRON Was $0.023599 at Press Time

TRON (TRX) is number 11 in the crypto market and has a ROI of 1048.86%. It’s total circulation is 66,682,072, 191 TXR, with a market cap of $1,573,662,779.

The price of TRON (TRX) stands at $0.023599 as of press time, with a 24-hour trading volume of $493,423,757 according to data given by CoinMarketCap.

TRON Price Prediction: How Does The Price of TRON Currently Compare With What it Was Early in the Year

TRON began this year with at a cold price due to the crypto winter. Suddenly it started to gain ground and grew by 100% in 10 days. TRON has shown several instances of its price going up and down. However, the major downward-growth was observed in the last week. The price of TRON has been losing its previous momentum.

As of March 25, the market capitalization of TRON stood at $1,536,307,534. The price of TRON at the time was $0.023039 with a current market capitalization of 2.43% more than that of 30 days earlier. The value of the coin against the USD has inflated by 2.4% in the 30 days mentioned here.

TRON Price Prediction: The Price of TRON is Presently on a Downward Movement

As mentioned earlier, the price of Tron is currently on a downturn. The value of the digital asset has been experiencing the fall suddenly since it saw huge gains of 50% in only 3 days. The price of TRON will fall further to $0.019. From there it could show some strength. The price of TRON should rise from then before facing resistance at $0.035 in the final week of May. TRON’s long and medium-term outlooks are bullish. However, by the end of this year, the price of TRON may hit $0.1 at best. By 2020 end, the price of TRON should pass $2.

It is recommended that short term traders clear off TRON. The price of TRON will be perfect for buying. Long term holders are told to hold their investments through the year if they want to profit by 10 to 15 times their buying rate.

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.


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