TRON Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
TRON (CRYPTO: TRX) has seen a 3.12% decrease in price over the last 24 hours, continuing a negative trend with an 8.0% loss over the past week. The trading volume and circulating supply have also decreased, with the market cap ranking at #16.
March 22, 2024 | 7:02 pm
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NEGATIVE IMPACT
TRON (TRX) has experienced a 3.12% decrease in the last 24 hours and an 8% loss over the past week, with a decrease in trading volume and circulating supply.
The decrease in TRON's price, along with a significant drop in trading volume and a slight reduction in circulating supply, suggests a bearish short-term outlook for TRXUSD. The market cap ranking remains strong, but these factors typically lead to negative price pressure.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100