TRXUSDT 4H – Visible breakout of the up wedge reported last week. RSI points to oversold. It seems that we will have an incursion towards the top of the ichimoku cloud, reaching our target quickly.. We maintain our position.
In terms of Tron fundamentals, it is a decentralized blockchain-based operating system that was created by the Tron Foundation and was first released in 2017.
The Tron network has full support for smart contracts as well as a variety of different blockchain systems along with support for decentralized applications (dApp) in decentralized finance (DeFi) and non-fungible token minting (NFT). When we analyzed the reported on-chain data, the height of the Tron blockchain exceeded 43.61 million, with a total of 6,713 nodes across the entire network. The total number of accounts on Tron Mainnet reached 108,781,925, with 971,880 new accounts throughout the week.
In terms of Tron fundamentals, it is a decentralized blockchain-based operating system that was created by the Tron Foundation and was first released in 2017.
The Tron network has full support for smart contracts as well as a variety of different blockchain systems along with support for decentralized applications (dApp) in decentralized finance (DeFi) and non-fungible token minting (NFT). When we analyzed the reported on-chain data, the height of the Tron blockchain exceeded 43.61 million, with a total of 6,713 nodes across the entire network. The total number of accounts on Tron Mainnet reached 108,781,925, with 971,880 new accounts throughout the week.
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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.