TRON (TRX) Price Rallies Above $0.03 to Start the Week


The cryptocurrency market has started the week on a fairly quiet note, with TRON (TRX) leading the top-15 large-cap cryptocurrencies.

TRX rallied over 10% on Monday to $0.031 before pulling back to $0.030698, bringing the coin’s market cap to $2.05 billion.

This latest move higher was likely spurred by improving market conditions and technicals as TRX has been creeping higher since the start of the month. TRON is now retesting the critical psychological resistance level just above $0.03 that has turned the altcoin away several times this year.

While Bitcoin (BTC) and Ethereum (ETH) are up slightly on the day, most major coins are flat to down, making TRON’s breakout more notable than the percentage gained suggests.

Monday’s other top gainers include Nano (NANO), up 13.1%, Verge (XVG), up 12.7%, and WaykiChain (WICC), up 10.2%.

More: AltDex 100 Index
Interesting: Crypto Week in Review: Bitcoin (BTC) Returns With a Vengeance

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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