Tron (TRXUSDT) to Tether ready to reach higher levels in 2020

Updated

Note

The TOTAL MARKET CAP is falling still. Therefore TRX is falling. I expect TRXUSDT to increase again after the TOTAL MARKET CAP begins to shift back upward; perhaps not until 2019-12 or 2020-01 at the latest. Everything depends on how flat it stays and how fash is corrects back down too over the next 30 days.

Note

Mid-month weekday-start (first weekday after the 15 th of the month) data is currently reflecting... 2021-10 = relatively flat. 2021-11 = decline. 2021-12 = increase. 2022-01 = relatively flat. 2022-12 = increase.

Note

The white lines are the BTC halving cycles. It appears that BTC & TRX may peak around 9-11 to 10-10 of 2021; based off of the past distance from the BTC halving cycles. The M-shaped curve may see a second peak of around 51k to 76k with a midpoint of around 66.6k.

BTC may peak by October 1, 2021 - halving cycles marked

Note

This chart is easier to see:

Alternative view of the BTC halving cycles with estimated peaks

Note

BTC (also TRX) is likely to decline over the next 12 months. However, after an estimate 2022-09-11 date, it is very likely to being increasing based off off the extended long-run historical data and trend.

day0

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.