Over analyzing the Tron (TRX) on weekly analysis, the crypto appears to have shown a good price structure. The recent price action highlights the breakout of the symmetrical triangle upwards.
The crypto asset that has ranked 12th on the CoinMarketCap website has unlocked its 100% circulation from a total supply of $87.207 Billion TRX.
After the consolidation ended in Feb 2021, the Tron (TRX) jumped 550% by April 2024, which marked a great push for the upside from bulls. After seamless efforts made by bears, the bulls did not allow the price to be below $0.050 critical support and had been trying to surpass the previously formed supply at $0.1439.
The crypto asset that has ranked 12th on the CoinMarketCap website has unlocked its 100% circulation from a total supply of $87.207 Billion TRX.
After the consolidation ended in Feb 2021, the Tron (TRX) jumped 550% by April 2024, which marked a great push for the upside from bulls. After seamless efforts made by bears, the bulls did not allow the price to be below $0.050 critical support and had been trying to surpass the previously formed supply at $0.1439.