After about a week of setting higher highs and lower lows, TRX spiraled downwards and outside of its ascending triangle (-8%) creating some neutral sentiment which took nearly 24 hours to battle and bring back into its triangle formation.
Today, TRX teased the .3489 resistance level for a few hours and just recently passed it up. We will likely deal with some resistance in the .0368 - .0392 ranges from previous past historical resistance but wouldn't be a surprise if we fly right passed it as done on Jan. 29 with the whole Alt market going berserk.
Reasons to be bullish on TRX:
TRX ATH = .3004 leaving current market price 1200% away from ATH
TRX is only up about 300% from the massive covid market crash. I know 300% sounds like it's a lot, but compare that to ETH and BTC who are up over 1500% and the many other coins up 500%+ on avg.
Today, TRX teased the .3489 resistance level for a few hours and just recently passed it up. We will likely deal with some resistance in the .0368 - .0392 ranges from previous past historical resistance but wouldn't be a surprise if we fly right passed it as done on Jan. 29 with the whole Alt market going berserk.
Reasons to be bullish on TRX:
TRX ATH = .3004 leaving current market price 1200% away from ATH
TRX is only up about 300% from the massive covid market crash. I know 300% sounds like it's a lot, but compare that to ETH and BTC who are up over 1500% and the many other coins up 500%+ on avg.