- Tron’s price has fallen 2% in the past 24 hours
- The Tron price has fallen 40% in the past seven days
- The TronWallet app is now available in 57 languages
Tron News Today – The rate at which the price of Tron’s TRX has fallen over the past few days and weeks has been alarming. The coin has lost a whopping 40% in the past 7 days. The coin also fell 2% in the last 24 hours of trading. However, the charts show that the decline that TRX saw last week was stronger at 40%. This move brought the price of TRX into the USD 0.01 support area. Let’s see how this action happened.
The Tron price has fallen 40% in the past week
Despite several attempts to rebound from the recent drop in prices, Tron’s price has fallen over 40% in the past seven days. Above the TRX / USD 4 hour chart, the digital asset is creating a short term growth pattern. It is still too early for a possible trend reversal. However, the growth to the upcoming $ 0.12 liquidity position will happen soon. In addition, the coin has been oversold and there are no more active sellers to lower prices. If you consider a larger time frame, Tron’s bearish trend has only just begun. Tron moving averages across the daily chart are down, even the MACD indicator. In this situation, we can expect the price to drop again to the $ 0.006 area before an upward correction can occur. The Tron price changed hands at $ 0.0107 at the time this content was posted.
TronWallet App now available in 57 different languages
In other reports on the Tron network, TronWallet announced that it is pleased to announce the TronWallet app in 57 national languages on both the App Store and Google Play. This step is another milestone for the crypto network. The TronWallet initiative aims to ensure that the world becomes more connected when cryptos like Bitcoin, Tron and other offerings are less complicated to use. The TronWallet application was previously made available in languages such as Arabic, Danish, English, Dutch, German, Indonesian, Korean, Japanese, Portuguese, Russian, Turkish, Spanish, and Swedish.
According to the report, all Tron wallet users from around the world are excited about the introduction of the new languages in the TronWallet application. According to a recent tweet, a TronWallet user stated that TronWallet has a bright future in the digital assets industry. Overall, this is true as the community believes that the TronWallet app has a great future ahead of it if the current situation in the crypto market doesn’t destroy crypto one day.
Max writes on blockchain projects and regulation with a special focus on the US and China. He came to Smarterum after years of writing for various media.