TRXBTC In Very Tight Range, Could it Break UP Soon?
It looks like TRXBTC is getting close to the end of this very tight range it has been in for the last year. IF this breaks up we should see a massive swing in the upside direction. Generally when volatility hits all time lows, like it has for the last year, it eventually breaks free from the low volatility range and volatility will skyrocket back towards all time highs. I also think that there's a very good chance that TRXBTC will break the previous all time high price if it can break up from this range. Not sure EXACTLY when it will break up from this range but I have a feeling it will happen within the next few weeks.
There are alot of fundamental reasons why TRX is superior to BTC, such as faster transaction speeds, free or very cheap transaction fees, a vibrant dapp ecosystem, better development, actual leadership, no selfish miners, larger development/marketing budget, official acquisitions and partnerships, scalability, and several other factors. On the off chance that this breaks DOWN from the range, I think it will only be a temporary and short lived break down, followed by a much larger recovery.
There are alot of fundamental reasons why TRX is superior to BTC, such as faster transaction speeds, free or very cheap transaction fees, a vibrant dapp ecosystem, better development, actual leadership, no selfish miners, larger development/marketing budget, official acquisitions and partnerships, scalability, and several other factors. On the off chance that this breaks DOWN from the range, I think it will only be a temporary and short lived break down, followed by a much larger recovery.
Comment:
This seems like it's bottoming out again, if not now it should happen within a few weeks.
This seems like it's bottoming out again, if not now it should happen within a few weeks.
HUGE Breakout and follow through! There's a good chance this starts going vertical soon, especially with ETH and BTC transaction fees starting to reach or exceeding $10 on average.