[ad_1]
TRON (TRX) has seen a good 24-hour session, which saw its price spiking over 3.4% to $0.11 This comes after a bullish week for the cryptocurrency which increased in value by over 5%.
Although the trading volume decreased slightly last week, The circulating supply of TRX experienced a modest change which led to its market cap surpassing $10 billion. This leaves TRX among the top 12 cryptocurrencies in terms of market capitalization.
Source: Trading View
Assessing the technical indicators, Bollinger Bands indicate that TRON’s price fluctuation is still minimal in both terms of a day and week. This may be a period of consolidation after the recent accumulative gains.
In general, TRON’s recent performance has been viewed as a positive sign for the coin. Given its healthy market cap and contained volatility, TRX may be set to rally yet again over the next few weeks.
[ad_2]
Source link
