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Tron TRX price predictions 13 May 2019; Bullish market has been formed

Tron price May 13 2019

Tron has been experiencing one of the most extravagant roller coasters in terms of price among the top 20 cryptocurrencies this couple of weeks. Not only did we see TRX rach new heights yesterday, but also saw it plummet right back where it began.

Currently, the price of TRX is $0.024 per piece with a market cap of nearly $1.66 billion. But what’s very surprising is that yesterday on this very moment in time, TRX was trading for $0.026 a piece with a market cap of $1.76 billion.

It is now common knowledge that TRX was nothing but a lucky bystander of the BTC bandwagon. The moment the wagon stopped, the passengers started pouring down, and TRX was one of them.

TRX price predictions may 13 2019

There’s still hope

There’s still hope for TRX however, as the Parabolic SAR is showing the signs of a bullish market, and there’s nothing like a cheap coin in the top 20 list for these investors.

Already do we see the formed price increase on the chart compared to yesterday evening’s slope. Within a single day, Tron surprised us all and managed to dive back up from $0.023 to $0.024 within hours.

The sentiment about TRX around the market is growing ever stronger as investors are nominating $0.03 as the target resistance point. Should Tron surpass this price range, it is expected to see it continue until the end of 2020.

And based on the already existing “good intentions” for the crypto market in 2020, it may be safe to say that TRX is well on its way to maybe one day being worth 10 cents once again.

Giorgi Mikhelidze

Giorgi Mikhelidze

Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. A brief stint with Finance Makers and he's now covering crypto news for high authority websites with the tip learned from past experience, "Whenever you see people talking about the weakness of your idea, don't see it as criticism."

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