Most people are skeptical about tron becouse in the early times like December 2017,CEO of TRON Justin Sun all time hyped this coin with 2-3 tweets about partenership/development update/exchanges and other essential things,but in my oppinion Justin are tweeted too aggresively.In these days crypto enthusiasts are invested in TRON and the price exploded from 0.00000017 sats to 0.00002039 sats which means 120X gains
After this price explosion was be a huge sell-off(correction) but to make this correction they needed a huge negative news.This news was be the rumour of Justin Sun solded 1.2 billion worth of TRX.In this time also the market was crashed day by day and value of tokens will decreased.
In 12 March 2018 at 318 sats TRX was catched a good weekly fib support and for short term altcoins are flyed and TRX also.In April and May they have great events like SR elections and Mainnet launch which wil bringed a great FOMO once again.
Now,TRX catched the same support like in March and is in accumulation phase ready to Fly.
In my oppinion this is a good project with a 10 Year long roadmap but in early days it was too much hype from Justin Sun.
Check below this my:
-T.A
-Weekly Support/Resistance
After this price explosion was be a huge sell-off(correction) but to make this correction they needed a huge negative news.This news was be the rumour of Justin Sun solded 1.2 billion worth of TRX.In this time also the market was crashed day by day and value of tokens will decreased.
In 12 March 2018 at 318 sats TRX was catched a good weekly fib support and for short term altcoins are flyed and TRX also.In April and May they have great events like SR elections and Mainnet launch which wil bringed a great FOMO once again.
Now,TRX catched the same support like in March and is in accumulation phase ready to Fly.
In my oppinion this is a good project with a 10 Year long roadmap but in early days it was too much hype from Justin Sun.
Check below this my:
-T.A
-Weekly Support/Resistance
TRX is situated into a triangle which probably will break it upside
We have WEEKLY supports at :
-290-310 sats
-269 sats
-180 sats
We have WEEKLY resistance at:
-428 sats
-580 sats
-616 sats
-761 sats
-811 sats
-1009 sats
-1087 sats
-1299 sats
POTENTIAL UPSIDE gain 173%
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