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Tron (TRX) Price Prediction

Short
BITFINEX:TRXUSD   TRON
Tron is enjoying quite a bit of good news lately and is buoyed by overall positive sentiment. Much of this has to do with the BitTorrent (BTT) airdrop scheduled at Tron block 6,600,000. This is when all TRX holders will get free BTT tokens on Binance and several other brokerages that support the airdrop.

The pair has been struggling to break the resistance at 0.028 and is currently trading just below it at 0.026. The pair is also supported by a bullish trend line so a price squeeze may form. The current resistance acted as a strong level in the past and rejected prices several times, so a break would be a significant victory for the bulls. If such a break occurs, we can expect to see 0.030 tested by the end of the week.

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