TRX has never held this strong compared to other bull runs. It's printed an interesting 3-year old bull flag. And if the price holds well above and retests with conviction, we could see the start of an impulsive wave next.
TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and has gone fully decisive with the introduction of the offshore Chinese Yuan (CNH) support and going as far as touting its strength vs $USD.
I put my TP for the next bull run. The price puts TRX at a MC of $128B or 10x its MC from the previous ATH. 10x is in my opinion a conservative figure in crypto.
If there will be a blow off top then TP2 is it IMO.
Not Financial Advice
TRX has historically been the punching bag of negative sentiment in crypto and that is changing. Justin Sun has recently embraced his bias and has gone fully decisive with the introduction of the offshore Chinese Yuan (CNH) support and going as far as touting its strength vs $USD.
I put my TP for the next bull run. The price puts TRX at a MC of $128B or 10x its MC from the previous ATH. 10x is in my opinion a conservative figure in crypto.
If there will be a blow off top then TP2 is it IMO.
Not Financial Advice
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Looking great for TRX!
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It's testing the slope down from the upward momentum. Moment of truth for TRX!
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TRX was able to close above on the monthly. Epic!
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I wouldn't be surprised if there's a re-test but I doubt that will happen on the monthly. We'll see a quick climb and then some sideways action before the full throttle up.
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Price testing and then bouncing the MAs nicely. Would love to see some commensurate volume next
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Re volume, perhaps a re-test is needed to get people super excited and buy aggressively...
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Beautiful retest on TRX. Super excited to see what happens next
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Daaaamn, that retest candle looks super hot. Wick down, super rejected, pushed up. Monthly close above 0.06710 and we're gold. Play the long game...
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Even with all the negativity surround Tron & Justin (lawsuit etc), the price action still managed to hold! This is amazing!
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TRX bouncing off 55MA on the weekly and kissing 7c which is super bullish IMO. Can't wait to see what's in store next! 10c will happen sooner than you think
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TRX is up when the whole market is down. Do you believe now?
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LTF projection
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Amazing price consolidation over last month with a short-line candle. Volume looks good too. I think TRX will surprise many. I'm even more bullish than I was tbh.
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TRX is heading for 0.10 this month. When the market sees a raging TRX they'll all pile up and the aggressive buying will begin.
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This is likely the last few days or mere weeks of accumulating TRON under 0.09. It's about to take off and never re-visit this level
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Goodbye 10c say hello to 12c as soon as december!