Hi,
I'm looking to do some raw comparisons between TRX and XVG here, as they seem to be tied to the hip.
As anticipated, XVG took a huge dump on 4/17/18, and money started pouring into TRX. This concluded the XVG short term bull run, which initiated on 3/17/18 at 326 satoshis, and it concluded at a high of 1446 satoshis, for an impressive gain of 348%.
TRX also found its bottom on 3/17/18, at a value of 317 satoshis. We made a move towards the .236 line before taking a pretty mean dump down to the low 400s, and here we are now in the 600s, with a high of 612 as I type this.
Now the logic I would like to apply here is in fact a stretch, but it's not TOO absurd; TRX will be having a bull run that is 2.5 times as long as XVG, so it stands to have two and a half times the growth.
That's right, we could be looking to see it cross just below the 1.618 retracement point for the run, bringing us to a cool 3000 satoshis.
Being conservative in an already absurd figure, however, we could look to see the 1.272 point at 2525 satoshis being a worthy point of stopping at.
Crazy figures aside, I see 1400 satoshis being an ABSOLUTELY DEFINITE profit point for this run, otherwise there is something severely wrong with the fundamentals of this coin. We're set up for a run that will make a lot of people happy here I believe, and I really hope to see you all benefit from it!
I'm looking to do some raw comparisons between TRX and XVG here, as they seem to be tied to the hip.
As anticipated, XVG took a huge dump on 4/17/18, and money started pouring into TRX. This concluded the XVG short term bull run, which initiated on 3/17/18 at 326 satoshis, and it concluded at a high of 1446 satoshis, for an impressive gain of 348%.
TRX also found its bottom on 3/17/18, at a value of 317 satoshis. We made a move towards the .236 line before taking a pretty mean dump down to the low 400s, and here we are now in the 600s, with a high of 612 as I type this.
Now the logic I would like to apply here is in fact a stretch, but it's not TOO absurd; TRX will be having a bull run that is 2.5 times as long as XVG, so it stands to have two and a half times the growth.
That's right, we could be looking to see it cross just below the 1.618 retracement point for the run, bringing us to a cool 3000 satoshis.
Being conservative in an already absurd figure, however, we could look to see the 1.272 point at 2525 satoshis being a worthy point of stopping at.
Crazy figures aside, I see 1400 satoshis being an ABSOLUTELY DEFINITE profit point for this run, otherwise there is something severely wrong with the fundamentals of this coin. We're set up for a run that will make a lot of people happy here I believe, and I really hope to see you all benefit from it!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.