Tron Price Analysis: TRX/USD hammered by bears despite further TRX adoption

  • Tron price on Monday took a beating down a big 4% and 8% over the last two sessions.
  • Social trading platform eToro announced its support of TRX on their platform.

Tron was attacked by the bears on Monday, nursing steep losses of some 4.5% in the latter part of the session. TRX/USD is running at its second consecutive session in the red, having lost a chunky 9% over this period.

TRX/USD has reversed the decent upside which was observed between 22-23rd March, where a surge of life came back in the bulls. The price at the time pushed to its highest level seen since 27th February up at $0.02480.

In terms of news flow; the big social trading platform eToro announced their support of Tron (TRX). The company tweeted:

We are pleased to announce that we’ve added another cryptocurrency to our ever-growing selection of crypto assets: Tron.

 

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