• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Tron News

Tron TRX price is down to $0.014 amidst bearish market trend

Shawn Du'Mmett by Shawn Du'Mmett
Oct 17, 2019 04:05 am
in Tron News
2 min read
Tron TRX price is down to $0.014 amidst bearish market trend
588
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

Tron TRX price has hit a major bearish snag today after staying afloat for some days. TRX price is down from $0.0158 range to the $0.0149 range. 

Tron (TRX) is the 13th largest cryptocurrency in the market with a market capitalization of over nine hundred and eighty-seven million dollars ($987.241M), and a trading volume of over six hundred and twenty-five million dollars ($625.588M).

Tron is no exception since the market as a whole is going down the bearish trend including Bitcoin (BTC) and the major altcoins.

RelatedPosts

Tron price prediction: TRX to ascend towards $0.32, analyst

Tron price prediction: TRX to run for $0.18, analyst

Tron price prediction: Fall to $0.026 before a breakout, analyst

TRON price prediction: Will TRX see a rise towards $0.035?

Tron TRX price chart -usd 16 October 2019Tron TRX price chart by Trading View

Tron TRX price down in bearish market trend?

The cryptocurrency market has been striving ever since it topped out in June 2019. The Chicago Mercantile Exchange (CME) Group has reported on Twitter, that user interest in CME Bitcoin (BTC) is still strong, compared to Q3 2018. The increase in open interest amounts to nearly sixty-one percent (61%).

Grayscale Investments is a cryptocurrency asset manager based in the United States. The authority claimed that its product got an investment of over two hundred and fifty million dollars ($254M) in Q3 2019, although it had a total investment of over eighty-four million dollars ($84.8M). Eighty-four percent (84%) of this investment amount was gathered from institutional investors.

Facebook and Telegram’s regulatory problems, along with the rejection of the Bitcoin (BTC) exchange-traded fund proposal have not been very kind to the crypto market.

Although the cryptocurrency markets are at a downfall, major crypto assets are currently trading over their support levels.

Tron TRX price movement: What to expect?

The TRX price dipped past the uptrend line today and is still news the same points. If the bears keep the Tron TRX price under moving averages, the cryptocurrency may lower down to $0.0136 and $0.01124.

Tron TRX price chart - predicion - 16 October 2019Tron TRX price chart by Trading View

If the bulls can possess the moving averages, we expected that the trading pair may push upwards to $0.01866, which has been a major barrier during the preceding pullback bids.

If the bulls push the price over the $0.01866 marks, the trading pair may move back to $0.041, with a resistance level of $0.030.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

Related Posts

Tron price prediction TRX to ascend towards $0.32, analyst
Tron News

Tron price prediction: TRX to ascend towards $0.32, analyst

2021-02-02 21:19 pm
Tron price prediction TRX to run for $0.18, analyst
Tron News

Tron price prediction: TRX to run for $0.18, analyst

2021-01-18 17:04 pm
Tron price prediction: Fall to $0.026 before a breakout, analyst
Tron News

Tron price prediction: Fall to $0.026 before a breakout, analyst

2021-01-08 17:46 pm
TRON price prediction: Will TRX see a rise towards $0.035?
Tron News

TRON price prediction: Will TRX see a rise towards $0.035?

2020-12-12 22:07 pm
Tron price prediction: TRX to hit $0.026 soon, analyst
Tron News

Tron price prediction: TRX to hit $0.026 soon, analyst

2020-12-09 21:38 pm
Tron price prediction – TRX at $0.0312 as consolidation turns into a bull run
Tron News

Tron price prediction – TRX at $0.0312 as consolidation turns into a bull run

2020-11-29 01:00 am

Follow Us

  • 51k Fans
  • 8.3k Followers

Popular News

  • Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    1296 shares
    Share 518 Tweet 324
  • DOGE Price Prediction: Dogecoin to the moon, to hit its $0.2 target after safeguarding support

    1213 shares
    Share 485 Tweet 303
  • Cardano price prediction: ADA fails to break above $1.50, what’s next?

    1145 shares
    Share 458 Tweet 286
  • XRP Price Prediction 2021, 2023, 2025, 2030

    1042 shares
    Share 417 Tweet 261
  • Dent Token Prediction for 2021 – 2025

    928 shares
    Share 370 Tweet 232

Latest News

ARK Invest bought additional $110 million worth of Coinbase shares

ARK Invest bought additional $110 million worth of Coinbase shares

April 16, 2021
Turkey central bank sets to ban payment in cryptocurrency

Turkey central bank sets to ban payment in cryptocurrency

April 16, 2021
Dogecoin

Dogecoin price surge to new all-time high price at $0.3

April 16, 2021
Litecoin price

Litecoin price prediction: LTC rejected at $300, what’s next for the crypto?

April 16, 2021
Polkadot Price Prediction 2021-04-16

Polkadot price prediction: Polkadot retests $42 support, prepares to push towards $46

April 16, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News

Binance News
Ripple News
Cardano News

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 1

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.