TRON (TRX) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has lost 1.18% to $0.06260807114.
InvestorsObserver is giving TRON a 8 Volatility Rank. Find out what this means to you and get the rest of the rankings on TRON!
Low Volatility
InvestorsObserver gives TRON a low volatility rank of 8, placing it in the bottom 8% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. TRX's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
TRON price is trading near resistance. With support around $0.0618211638570126 and resistance set at $0.0627656441569622. This leaves TRON with potential selling pressures ahead as it may be getting over extended.