Coin

TRON (TRX) Shows Positive Momentum with Gains in Morning Trading

MARKETS – The cryptocurrency TRON (TRX) experienced a positive start to the trading day on Wednesday, August 7, posting modest gains against the US Dollar and signaling bullish sentiment among traders.

According to market data captured at 09:43 UTC, the price of TRON reached $0.3394. This figure represents a daily increase of 0.58%, or a gain of $0.0019.

The upward movement saw the digital asset climb comfortably above its previous closing price of $0.3375. An analysis of the daily trading chart reveals a consistent upward trend throughout the morning session. After starting at a low near the $0.336 mark, the price steadily rose, hitting a session high of approximately $0.341 before settling at its current level.

This positive performance provides an encouraging signal for investors, who will be watching to see if TRON can sustain its momentum for the rest of the trading day.

Prakash Gupta

Prakash Gupta has been a financial journalist since 2016, reporting from India, Spain, New York, London, and now back in the US again. His experience and expertise are in global markets, economics, policy, and investment. Jamie's roles across text and TV have included reporter, editor, and columnist, and he has covered key events and policymakers in several cities around the world.