Get started

Tronbtc

Tron (TRX) Price Prediction: Nasdaq Deal Fuels Bullish ForecastThe $210 Million Nasdaq Rumor: Deconstructing the Hype for a Realistic Tron (TRX) Price Prediction In the volatile theater of cryptocurrency, headlines can ignite market-moving frenzies, and few have been as potent as the recent whirlwind of news surrounding Tron (TRX). The prospect of a planned Nasdaq listing via a $210 million reverse merger, intertwined with the enigmatic presence of the Trump family, sent shockwaves through the community, promising a new era of mainstream legitimacy and sparking wildly bullish price predictions. However, as the dust settles, a clearer, more nuanced picture emerges—one that separates explosive rumors from the fundamental drivers that will truly dictate the future of Tron's price. The core of the excitement stemmed from a strategic deal involving SRM Entertainment, a Nasdaq-listed company specializing in theme park merchandise. In a stunning pivot, SRM announced it would rebrand as Tron Inc., initiate a substantial TRX treasury funded by a $100 million private equity investment, and appoint Tron's founder, Justin Sun, as an adviser. This "reverse merger" was widely interpreted as a backdoor for the Tron blockchain to gain a coveted spot on a major U.S. stock exchange, a move that would grant it unprecedented access to traditional capital and validation. Adding a layer of political intrigue, the deal was facilitated by an investment bank where Eric Trump and Donald Trump Jr. serve on the advisory board. This confluence of high finance, crypto ambition, and political association created a perfect storm for speculation. The stock price of SRM Entertainment skyrocketed over 500%, and the price of TRX saw a notable jump. However, the narrative quickly became more complex. Eric Trump clarified his position, denying any direct "public involvement" in the new company, despite expressing his admiration for Justin Sun and their established business connections. While the deal with SRM Entertainment is very real, its direct implications for the TRX token are more complex than a simple "Nasdaq listing." The transaction is for the corporate entity, which will hold TRX in its treasury, not for the decentralized TRX asset itself to be traded on Nasdaq like a stock. This distinction is critical. The move provides Tron with a publicly-traded vehicle and significant capital, but the ultimate value of TRX still hinges on the utility and adoption of the Tron network itself. Therefore, a realistic price prediction must look beyond the initial hype and analyze the bedrock of Tron's fundamentals. Deconstructing the Hype: The Nasdaq Deal and Trump Connection The plan for SRM Entertainment, a Florida-based supplier of toys and souvenirs, to morph into Tron Inc. is a masterclass in financial engineering. Through a reverse merger, a private company (in spirit, Tron) can go public by merging with an existing publicly-traded company (SRM), bypassing the rigorous and lengthy process of a traditional Initial Public Offering (IPO). The deal, valued at up to $210 million upon full exercise of warrants, involves SRM receiving a $100 million equity investment from a private investor to initiate a "TRX Treasury Strategy." This strategy mirrors the approach of companies like MicroStrategy with Bitcoin, where the public company's assets are heavily invested in a specific cryptocurrency, making its stock a proxy for that asset. With Justin Sun serving as an adviser, the new Tron Inc. plans to implement a TRX staking program and even a dividend policy for its shareholders, further intertwining its fate with the Tron ecosystem. The involvement of the investment bank brokering the deal brought the Trump name into the headlines. Eric Trump and Donald Trump Jr.'s roles on the bank's advisory board led to speculation about their involvement in the new Tron Inc. However, Eric Trump later clarified his position, separating his personal and business relationships from a formal executive role in the public venture, though the connection undeniably added to the initial media frenzy. Beyond the Rumors: Tron's True Fundamental Strengths With the Nasdaq hype contextualized, the real question for investors is: what is the intrinsic value of the Tron network? The answer lies in its undeniable dominance in one of the most crucial sectors of the digital economy: stablecoins. The Undisputed King of USDT The Tron network has become the world's primary settlement layer for Tether (USDT), the largest stablecoin by market capitalization. The network hosts over $78 billion in USDT, a figure that has surpassed the amount on its main rival, Ethereum. This dominance is not accidental. Tron's architecture, which allows for high throughput and extremely low transaction fees, makes it the preferred network for USDT transfers, especially for retail users and in emerging markets. During a single month in mid-2025, the Tron network processed over $694 billion in USDT transfers through nearly 90 million contract interactions. The vast majority of USDT holders on Tron are retail users with balances under $1,000, highlighting the network's deep penetration into everyday peer-to-peer and remittance use cases. This immense and consistent utility generates real, sustained demand for the network, forming the most solid pillar of its valuation. A Growing DeFi and dApp Ecosystem While stablecoins are its main draw, Tron's Decentralized Finance (DeFi) ecosystem is also substantial. The network holds a Total Value Locked (TVL) of over $8 billion, placing it among the top layer-1 blockchains. Platforms like the lending protocol JustLend and the decentralized exchange SunSwap are key contributors to this activity. The network has processed over 10.5 billion transactions from more than 313 million user accounts, demonstrating a vibrant and active user base. Although a recent decline in TVL from its peak and slowing DEX volume has been observed, the sheer number of daily active users and transactions suggests a pivot towards non-DeFi dApps and peer-to-peer transfers, reinforcing its utility beyond pure financial speculation. Tron (TRX) Price Prediction: Technical Analysis and Future Outlook Given the strong fundamentals, particularly its role as the leading stablecoin platform, what can be expected from the TRX price? Technical Indicators As of mid-2025, TRX has shown resilience. Technical analysis reveals a generally neutral to bullish sentiment. The price has been consolidating in a horizontal channel, with key resistance and support levels being closely watched. Bullish signals, such as a "golden cross" and a bullish MACD crossover, suggest potential for upward momentum. A key indicator of its potential is its market-cap-to-TVL ratio, which, at 0.26, suggests the coin may be significantly undervalued compared to the value of the assets secured on its network. Price Forecasts for 2025 and Beyond Price forecasts for the end of 2025 vary but are generally optimistic, contingent on broader market conditions. • Conservative Outlook: A conservative forecast places the potential price of TRX in a range between $0.18 and $0.35 for 2025. A move toward the upper end of this range would depend on a sustained crypto bull market and continued growth in Tron's user base. • Bullish Scenario: An optimistic forecast suggests that if a full-blown "altseason" takes hold, TRX could surpass its previous highs and target levels between $0.45 and $0.70. Some long-term models even project a path toward $1.00 or higher by 2030, assuming Tron maintains its competitive edge and expands its use cases. • Bearish Scenario: Risks remain. A regulatory crackdown on stablecoins, particularly Tether, could disproportionately impact Tron. Furthermore, a recent $2 billion drop in its DeFi TVL, despite user growth, suggests a potential weakness in its financial ecosystem that warrants monitoring. In a bearish turn, TRX could fall back to support levels around $0.21 or lower. The "100x Gem" Fallacy The headlines promoting Tron's Nasdaq deal were often accompanied by mentions of speculative new tokens like "BTC Bull Token," promising astronomical 100x returns. It is crucial for investors to recognize this as a common marketing tactic that leeches onto legitimate news to promote highly speculative and often worthless assets. The future success of Tron will not be found in chasing such gambles, but in the sustained growth of its core network. The real "alpha" is in understanding the fundamental utility that drives billions of dollars in transactions daily, not in lottery-ticket tokens. Conclusion: A Bullish Continuation Built on Reality, Not Rumor The story of Tron's Nasdaq listing is a potent reminder of the crypto market's susceptibility to hype. While the reverse merger with SRM Entertainment is a significant strategic maneuver that provides Justin Sun's ecosystem with a public-facing entity and a war chest, it is not the magic bullet that guarantees a higher TRX price. The true bullish case for Tron is more mundane but far more powerful. It is the network's unparalleled dominance as the world's preferred highway for stablecoin transactions. This utility provides a constant, powerful demand for the network's resources. As long as Tron remains the fastest, cheapest, and most accessible platform for billions of dollars in daily USDT transfers, its intrinsic value will continue to grow. The Nasdaq deal is a catalyst, but the engine is the ecosystem. Investors looking for a bullish continuation should focus on the steady hum of that engine—the growth in active wallets, transaction counts, and stablecoin volume—rather than the fleeting roar of market rumors. Based on these fundamentals, a steady, upward trajectory for TRX seems not only possible but probable, with the potential to retest and surpass previous highs as the digital asset market matures.
Long
by bryandowningqln
TRON Accumulation Phase Signals Potential for Explosive Growth TRON Accumulation Phase Signals Potential for Explosive Growth as On-Chain Metrics Point to Network Consolidation The cryptocurrency market, a realm of perpetual motion and often bewildering volatility, occasionally presents moments of deceptive calm. These periods, far from indicating stagnation, can be the breeding grounds for significant future price movements. For TRON (TRX), a prominent blockchain platform known for its high throughput and focus on decentralizing the web, recent on-chain data and market behavior are increasingly pointing towards such a phase: a sustained period of accumulation, potentially heralding a major price surge as the network undergoes a subtle yet profound consolidation. While the broader market narrative often chases fleeting trends and explosive, short-lived pumps, savvy investors understand the importance of identifying quieter, underlying currents. The concept of an accumulation phase, where smart money and long-term believers strategically build their positions, is a cornerstone of market cycle analysis. For TRON, the convergence of specific on-chain indicators – from whale activity and exchange flows to transaction patterns and staking metrics – suggests that such a phase is not just underway but is maturing, laying a robust foundation for a potential upward revaluation. This isn't about fleeting hype; it's about observing the methodical groundwork being laid for what could be a significant and sustained rally. Understanding TRON: A Brief Overview of the Ecosystem Before delving into the intricacies of its current market phase, it's essential to grasp what TRON represents. Launched by Justin Sun, TRON aims to build a decentralized internet. Its blockchain supports smart contracts, various kinds of blockchain systems, and decentralized applications (dApps). With its Delegated Proof-of-Stake (DPoS) consensus mechanism, TRON boasts high transaction speeds (TPS) and low transaction fees, positioning itself as a strong contender in the competitive Layer 1 landscape, particularly for applications requiring scalability, such as decentralized finance (DeFi), non-fungible tokens (NFTs), and GameFi. The TRON network has cultivated a substantial ecosystem over the years. It hosts a significant volume of stablecoin transactions, particularly USDT, making it a key infrastructure layer for value transfer. Its TRC-20 token standard is widely adopted, and the platform has seen notable activity in dApp development and user engagement. This underlying utility and established presence are crucial, as accumulation phases are often rooted in a fundamental belief in the long-term viability and growth potential of an asset, rather than mere speculative fervor. The Anatomy of an Accumulation Phase: Setting the Stage for a Breakout An accumulation phase in financial markets is a period characterized by relatively flat or gradually inclining price action following a significant downtrend or a prolonged consolidation after an uptrend. During this time, informed investors, often referred to as "smart money" – which can include institutional players, large individual holders (whales), and project insiders – begin to quietly buy up the asset. Their strategy is to acquire substantial positions without causing a sharp price spike that would alert the broader market and increase their average entry cost. Key characteristics of an accumulation phase include: 1. Reduced Volatility: Price swings tend to become less erratic as selling pressure from weaker hands subsides and buying pressure from accumulators absorbs supply. 2. Volume Signatures: While overall volume might appear subdued compared to peak bull market frenzy, there can be spikes in volume on minor price dips (as accumulators buy the lows) or during periods of sideways movement, indicating consistent buying. 3. Price Floor Formation: The price often establishes a strong support level, repeatedly bouncing off it as buyers step in to defend it. 4. Sentiment Shift: Public sentiment may range from bearish or indifferent (a hangover from a previous decline) to cautiously optimistic among those recognizing the underlying value. The rampant euphoria of a bull run is typically absent. 5. Duration: Accumulation phases can last for weeks, months, or even years, depending on the asset and the market cycle. The longer and more robust the accumulation, often the more powerful the subsequent markup phase. For TRON, the suggestion of an accumulation phase implies that these sophisticated market participants perceive TRX as undervalued at its current levels and anticipate future catalysts or a broader market shift that will drive its price significantly higher. Decoding TRON's On-Chain Signals: A Network Consolidating for Growth On-chain data provides a transparent window into the activity occurring directly on a blockchain, offering insights that traditional technical analysis alone cannot capture. For TRON, several on-chain trends are converging to paint a picture of network consolidation and strategic accumulation. • Whale Watching: The Giants Amass Their Holdings One of the most telling signs of accumulation is the behavior of large wallet holders, or "whales." An increase in the number of addresses holding substantial amounts of TRX, or an increase in the balances of existing whale addresses, often indicates that those with significant capital are building positions. This can be observed by tracking the distribution of TRX tokens across different wallet tiers. If smaller retail wallets are shedding tokens (perhaps due to impatience or fear) while larger wallets are consistently adding to their stacks, it’s a classic sign of accumulation. These large players often have access to more in-depth research or a longer-term investment horizon, and their actions can be a leading indicator of future price strength. The quiet, steady absorption of TRX by these entities reduces the freely floating supply, making the asset more sensitive to future demand shocks. • Exchange Dynamics: A Flight to Self-Custody The flow of tokens to and from cryptocurrency exchanges is another critical on-chain metric. During accumulation phases, it's common to see a net outflow of the asset from exchanges to private wallets. This suggests that investors are acquiring tokens with the intention of holding them for the medium to long term (HODLing), rather than actively trading them. When tokens move off exchanges, it reduces the immediately available supply for sale, creating a supply squeeze that can exacerbate upward price movements when demand picks up. Conversely, large inflows to exchanges often signal intent to sell. If TRON is experiencing sustained periods where outflows significantly outweigh inflows, it strongly supports the accumulation thesis. This movement to self-custody also indicates a growing conviction among holders in the security and long-term prospects of their TRX investment. • Staking and Supply Squeeze: Locking Up TRX TRON's DPoS consensus mechanism involves staking, where TRX holders can lock up their tokens to participate in network governance and earn rewards. An increase in the amount of TRX being staked is a bullish indicator for several reasons. Firstly, it signals user confidence and engagement with the network. Secondly, and more directly relevant to price, staking removes tokens from the circulating supply. The more TRX that is staked, the less is available for trading on the open market. This reduction in liquid supply, similar to exchange outflows, can significantly amplify the impact of new buying pressure. If on-chain data shows a steady rise in the percentage of total TRX supply being staked, it contributes directly to the consolidation of supply and the potential for a more volatile upward move when demand surges. • Transaction Patterns: Quality Over Quantity? While high transaction volume can sometimes indicate strong network activity, during an accumulation phase, the nature of transactions can be more revealing than the sheer number. For instance, an increase in the average transaction size, even if the total number of transactions is stable or slightly decreasing, might suggest larger players are moving significant amounts of TRX, possibly consolidating them into fewer wallets or moving them to staking contracts. A decrease in "noise" transactions (very small, frequent transfers often associated with retail speculation or bot activity) coupled with an increase in larger, more deliberate transfers can be a sign of network maturation and consolidation by more substantial entities. • Active Addresses and Network Growth: While a surge in new active addresses is typically bullish, during a deep accumulation phase, the growth rate of new addresses might temporarily slow down as the market sheds speculative retail participants. However, the activity of existing addresses, particularly those identified as long-term holders or accumulators, becomes more critical. If these cohorts show increased activity in terms of receiving tokens or interacting with staking and DeFi protocols within the TRON ecosystem, it signals underlying strength and commitment, even if the headline number of daily new users isn't explosive. The consolidation here refers to a strengthening of the core user and holder base. • Development Activity and Ecosystem Health: Beyond direct token movements, the underlying health and development activity of the TRON ecosystem play a crucial role in attracting long-term accumulators. Consistent updates to the TRON protocol, new partnerships, growth in its DeFi sector (e.g., JustLend, JustStables), expansion of its NFT marketplaces, and successful GameFi projects all contribute to the fundamental value proposition. On-chain data can sometimes reflect this through increased smart contract interactions or growth in Total Value Locked (TVL) within TRON's DeFi applications. Investors accumulating during this phase are often betting on this continued ecosystem growth translating into increased demand for TRX. The Mechanics of a Price Surge Post-Accumulation: Coiling the Spring Once an accumulation phase is sufficiently mature, the stage is set for a potential "markup" phase, where prices can rise significantly. This happens because the prolonged period of buying by strong hands has effectively absorbed most of the available sell-side liquidity. The "weak hands" – impatient or fearful sellers – have been flushed out. With a reduced floating supply, even a moderate increase in demand can have an outsized impact on the price. This demand can come from several sources: 1. Breakout Traders: Technical traders who identify the end of the accumulation range and the beginning of an uptrend often jump in, adding to buying pressure. 2. Retail FOMO (Fear Of Missing Out): As the price starts to move decisively upwards and breaks key resistance levels, it attracts attention from the broader retail market, leading to a fresh wave of buying. 3. Positive News Catalysts: Fundamental developments, such as major partnership announcements, technological breakthroughs, or favorable regulatory news, can act as triggers, igniting the demand that the accumulated supply cannot easily meet. The price action during a markup phase is often characterized by a series of upward impulses, followed by brief consolidations or pullbacks, before the next leg higher. The strength and duration of this surge are often proportional to the length and thoroughness of the preceding accumulation. A well-established accumulation base acts like a coiled spring, storing potential energy that is released during the markup. Catalysts Beyond Consolidation: What Could Ignite TRON's Rally? While the on-chain evidence of accumulation and network consolidation provides a strong foundation, several external and ecosystem-specific catalysts could ignite the anticipated price surge for TRON: 1. Broader Crypto Market Bull Run: TRON, like most altcoins, is significantly influenced by the overall sentiment and price action of Bitcoin and the wider cryptocurrency market. A sustained bull market led by Bitcoin would likely lift all boats, providing a favorable tailwind for TRX to realize the potential built up during its accumulation. 2. Major Ecosystem Developments: Significant advancements within the TRON ecosystem could be powerful catalysts. This could include the launch of a highly anticipated dApp, a major upgrade to the TRON protocol enhancing its scalability or functionality (like advancements in its Layer 2 solutions or cross-chain capabilities), or a surge in adoption of its existing DeFi or NFT platforms. 3. Strategic Partnerships and Integrations: New, high-profile partnerships with established companies or integrations with other popular blockchain networks or traditional finance (TradFi) players could significantly boost TRON's credibility and utility, attracting new users and investors. 4. Increased Stablecoin Dominance: TRON is already a major player in stablecoin transactions. Further growth in this area, particularly if it captures more market share or integrates new, popular stablecoins, would solidify its role as a key financial infrastructure and drive demand for TRX for transaction fees and network participation. 5. Regulatory Clarity: Positive regulatory developments in key jurisdictions that provide greater clarity and legitimacy for cryptocurrencies, including TRON, could unlock institutional investment and broader retail adoption. 6. Justin Sun's Influence: While sometimes controversial, Justin Sun remains a highly influential figure in the crypto space. Strategic announcements or initiatives led by him can often generate significant market interest and speculative buying for TRON. 7. Narrative Shifts: The crypto market is often driven by narratives. If a narrative around high-throughput, low-cost Layer 1s for dApps and stablecoin transfers regains prominence, TRON is well-positioned to benefit. Navigating the Waters: Considerations and Potential Headwinds While the signs of accumulation and potential for a price surge are compelling, it's crucial to approach the market with a balanced perspective and acknowledge potential risks: 1. Duration of Accumulation: Accumulation phases can be protracted. There's no guarantee of an immediate breakout, and patience is often required. 2. False Breakouts ("Springs" or "Shakeouts"): Markets can experience false breakouts below the accumulation range to shake out remaining weak hands before the true markup begins. Similarly, initial moves upward can sometimes fail and fall back into the range. 3. Market Manipulation: While on-chain data offers transparency, sophisticated actors can still attempt to manipulate sentiment or price in the short term. 4. Overall Market Conditions: A severe downturn in the broader cryptocurrency market or global macroeconomic headwinds could delay or dampen any potential TRON-specific rally, regardless of its strong accumulation pattern. 5. Competition: The Layer 1 blockchain space is fiercely competitive. TRON faces ongoing competition from numerous other platforms, and its ability to maintain and grow its market share is critical. 6. Regulatory Risks: The regulatory landscape for cryptocurrencies remains uncertain in many parts of the world. Adverse regulatory actions could negatively impact TRON and the broader market. Conclusion: Is TRON Coiling for a Major Move? The confluence of on-chain indicators – from the subtle yet persistent buying by large holders and the movement of TRX off exchanges to the increasing amount of staked tokens and the underlying consolidation of network activity – paints a compelling picture. TRON appears to be in a classic accumulation phase, a period where the groundwork is meticulously laid for future growth. This isn't the frenetic energy of a market peak, but rather the quiet confidence of informed capital positioning itself for what it anticipates will be a significant upward revaluation. The network consolidation suggests a strengthening of TRON's core, a pruning of speculative froth, and a concentration of its native token, TRX, into the hands of those with a longer-term conviction. While no outcome in the cryptocurrency market is guaranteed, and risks always persist, the current on-chain trends for TRON are undeniably bullish from a structural perspective. If this accumulation phase completes successfully and is met with favorable market conditions or specific catalysts within the TRON ecosystem, the subsequent price surge could be substantial. The "coiled spring" analogy is apt; the longer and deeper the compression during accumulation, the more explosive the release can be. For investors and market observers closely watching TRON, the current period of apparent quietude might very well be the deceptive calm before a significant storm of buying pressure and a powerful move upwards, reaffirming the age-old market wisdom that fortunes are often built not in the frenzy of the bull run, but in the patient, strategic accumulation that precedes it. The signs suggest TRON's engines are being primed; the question is not if, but when, they will fully ignite.
Long
by bryandowningqln
Tron (TRX) Climbs to New Highs - What's Behind the Recent Rally?Exploring the Surge: Tron (TRX) Climbs to New Highs - What's Behind the Recent Rally? Tron (TRX) Soars to New Heights: A Deep Dive into the Recent Rally Tron (TRX), a decentralized platform that aims to build a worldwide free content entertainment system with the blockchain and distributed storage technology, has recently experienced a significant surge in price. This rally has caught the attention of seasoned investors and cryptocurrency market newcomers. The 100% Rally and Beyond In a remarkable display of bullish momentum, Tron's price surged over 100% within a 24-hour period, propelling it to a new all-time high (ATH). This extraordinary growth ignited a wave of excitement and optimism among crypto enthusiasts. The question on everyone's lips: Could Tron be poised to reach the $0.5 mark? Technical Analysis: A Bullish Outlook To gain a deeper understanding of Tron's recent price action, let's delve into a technical analysis of its one-hour chart. • Reclaiming the 20 MA: One of the key indicators of renewed buyer interest is the ability of a cryptocurrency to reclaim its 20-day Moving Average (MA). When Tron successfully recaptured this crucial support level, it signaled a potential shift in market sentiment from bearish to bullish. • Bullish Momentum: The upward trajectory of Tron's price, coupled with increasing trading volume, suggests strong underlying bullish momentum. This momentum can often drive prices higher, especially when supported by positive market sentiment and fundamental factors. • Potential Resistance Levels: While Tron's recent rally has been impressive, it may encounter resistance at certain price levels. Identifying these potential resistance zones can help investors gauge the extent of the upcoming price movement. Fundamental Factors Driving Tron's Rally In addition to technical indicators, several fundamental factors have contributed to Tron's recent surge: • Growing Ecosystem: Tron's ecosystem has been expanding rapidly, attracting a diverse range of projects and applications. This increased adoption and utility have positively impacted the demand for TRX tokens. • Strategic Partnerships: Tron has forged strategic partnerships with various organizations, including BitTorrent, a popular file-sharing platform. These collaborations have strengthened Tron's position in the blockchain industry and boosted its visibility. • Positive Market Sentiment: The overall bullish sentiment in the cryptocurrency market has also played a role in Tron's price appreciation. As investors become more optimistic about the future of digital assets, they are allocating more capital to promising projects like Tron. The Road Ahead for Tron While Tron's recent performance has been undeniably impressive, it's important to approach any investment with caution and conduct thorough research. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly. As investors look ahead, they should monitor key factors such as: • Market Sentiment: The overall sentiment in the cryptocurrency market can significantly impact Tron's price. • Regulatory Developments: Changes in regulations can have a profound effect on the cryptocurrency industry, including Tron. • Technological Advancements: Continued innovation and advancements in blockchain technology can drive Tron's growth and adoption. In conclusion, Tron's recent 100% rally and reclamation of the 20 MA on the one-hour chart have ignited a wave of optimism among investors. However, it's crucial to approach this bullish momentum with a balanced perspective and consider the potential rewards and risks of investing in cryptocurrencies. Investors can make informed decisions about their Tron investments by staying informed and conducting thorough research.
BINANCE:TRXUSDLong
by bryandowningqln
TRON (2023) v BTC (2016)Tron (TRX) has been a legacy coin that has held its own and carved out a niche Most legacy coins have faded away into obscurity as they've been unable to find a usecase or adoption. They may still have high market caps and may still turn things around but as of now many older coins are falling down the ranks. New coins are eating up dominance. Not for Tron. Tron has consistently been raking in fees and holding a relatively very low fee to price ratio (according to tokenterminal). $3m in daily fees v SEED_TVCODER77_ETHBTCDATA:8B FDMC To put into perspective.. Ethereum has had $3.4m fees in the same 24hr period and has a $200b+ FDMC. This makes Tron look wildly cheap into those isolated terms. According to Tron they'll continue using fees to burn token supply. Essentially share/token buy back program. With SEED_TVCODER77_ETHBTCDATA:1B in yearly fees and SEED_TVCODER77_ETHBTCDATA:8B in FDMC.. in 8yrs time 1 single TRX will be worth SEED_TVCODER77_ETHBTCDATA:8B (all things remaining equal.. they wont). This creates an interesting opportunity to keep an eye on. From a TA perspective we have a very bullish structure on TRX This structure is reminiscent of BTC back in 2015/2016 in the build up to the 2017 bull market. Check video for more details on the technical side of things.
BITSTAMP:BTCUSDLong
by SoftQuant
7
Tron: Trend is your friendA lot of people getting bullish here but it's important to remember that Tron was and still is in a bearish market structure. Consistent lower highs and the current push still has the potential to be the next lower high. Especially with the current state of the economy, the FED has no intentions of slowing down interest rates. Making it harder to attract money into high-risk plays like altcoins. It is much more likely for the bearish trend to continue and for new lows to form. Best case wait for a strong market structure change and acceptance at higher prices or wait for the market to head lower down to accumulate.
BINANCE:TRXUSDShort
by sachu_blessyou
1
TRX Tron Double TopThe Double Top and Double Bottom are some of the most obvious and reliable chart patterns in technical analysis, especially for financial instruments that don't trade based on fundamentals, such as TRX Tron. If it were based on fundamentals, TRX should have been traded much lower by now, considering Justin Sun is being sued by the SEC (Securities and Exchange Commission). However, that's not the case. In fact, for crypto technical analysis, which focuses on human behavior in the candlestick charts, it works better than fundamental analysis, which often involves FUD (fear, uncertainty, and doubt) or FOMO (fear of missing out). According to the Double Top chart pattern, my short-term price target for TRX Tron is $0.054. I look forward to reading your opinion about it!
Short
by TopgOptions
1
#TRX/USDT on the verge of a Breakout in Weekly.This coin has been trading sideways since June 2022. A breakout is likely. Zooming in on the Daily Chart A clear Breakout is visible. The upcoming weekly close will clear more doubts eventually. A weekly close above the .07 level will trigger a Bullish rally. Recommended Entry:- .061 to .066 Targets:- 0.088, 0.097, 0.114, 0.126, 0.1412 Stop loss:- 0.05272 Please observe the chart for more details. Let me know what you think in the comments. DO HIT THE LIKE BUTTON IF YOU WANT TO SUPPORT MY CONTENT. Thank you so much for your support. #PEACE
Long
by Cryptorphic
11
TRXUSD is ready. Are you ready for this? 50 % dump (NEW)TRXUSD looks ready. The price has been in the descending triangle for a long time. Now it looks like it's ready for a breakout. Taking into an account very bearish sentiment in the whole crypto market, we expect that it will break down. Targets are shown on the chart. We don't expect it to go to zero therefore targets are defined based on the historial key supports instead of traditional methodology applicable to trading descending triangle pattern. Expect more FUD in crypto market which could be a trigger for a triangle to breakdown. good luck
BINANCE:TRXUSDShort
by vf_investment
16