Wave-B has formed into a double combination which are normally retraced 80%. Wave-E from beginning to end should also be related to wave-C by 61.8% in price, and C+D in time. This leaves us with a target of 5.5 cents for TRX, which could happen around February or March. Following this correction we should see an explosive rally which will take TRX well above all...
In the realistic possibility that a vast majority of TRX is burnt in the next year, we could see a hyper deflationary spiral causing TRX to increase 35x-100x in market cap, and 3000x in price. Based on the average burn rate of 284 million TRX per day since USDD launched, it's possible that 99% of the circulating supply of TRX is removed from circulation over the...
the pioneer when it comes to dapps gaming and staking not to forget an OG in peddling across sectors from Buffet program all the way with building communties among Roundtables and online forums this could de throne Solana Luna and Shiba or re claim it's top spot in the spACE
TRX Price $0.133197 TRON ROI 6909.8% Market Cap $9,544,890,728 Market Cap Dominance 0.38% Trading Volume $5,067,746,034 Another coin that fell off many people's portfolios after the broken hearts and lack of movement after the 2017 hype. Here are a couple of my proposed scenarios. In order for me to maintain a longer time bias to the upside and to maintain...
After analyzing the TRON, weakness in uptrend is observed. Due to the market momentum, there is a possibility that TRON will crash. but first, set a trigger for entry position and do not forget about SL trade with your choice
Tron (TRXUSD) has showed incredible strength short-term since May 01 up until today. Even though it broke above the 1D MA200 (orange trend-line) yesterday for the first time since December 17 2021, the coin remains within a long-term Triangle pattern since the April 21 2021 High. As a result it is still best to trade the Triangle (buy low - sell high) for as long...
Subscribe to the channel that would receive new information about the cryptocurrency market✅ Hello Traders 👋 Let's break down the TRON chart On the chart, it showed a trend line that served as a local support; after the breakdown, it is now a resistance zone. The price tested the local resistance zone but failed to break through and consolidate above the local...
After strong consolidation TRX has possibility to go down to the 0.0546 level.
TRON (TRX) prices have jumped by over 24% since the U.S. Federal Reserve raised the interest rates by 75 basis points. Meanwhile, the TRON blockchain has also gained the support of Crypto finance, an asset management group. The TRX token has registered a tumbling week as it dropped with correlating with the other major cryptocurrencies. However, the recent surge...
Despite initially outperforming amid the recent crash, TRON (TRX) prices have dropped by over 16% in the last 24 hours. In order to defend and build support, Justin Sun, TRON head has planned to deploy over $2 billion. With the USDD stablecoin briefly losing its peg, Tron deployed $700 million to support the stablecoin and maintain redemptions. Justin Sun in a...
The fall of the Tron was amplified by the unpeg USDD situation. TRON DAO reported new purchases of TRX and BTC. Justin Sun said he has $2 billion to fight negative rates on TRX futures. This amount is almost equal to the coin's daily trading volume. The TRX continues to hold the global upside structure. The price is in the liquidity zone near the lower boundary of...
TRX as yet to dump with the market lets see what happens
Broken down pennant structure Still up vs btc due to luna copy burn mechanism Most of the crypto market looks like dirt rn
TRON continues to move in range. Price has formed an uptrend channel. TRX is holding the lower boundary of the channel. Volatility has declined. The 50MA crosses upward of the 100MA on the 30m Timeframe. Price continues to hold above 200MA on 4H Timeframe. TRON DAO plans to continue buying TRX. I expect TRX may continue to rise after it has fixed in the channel.