Trx scraping the bottom of the barrel Tron is still rock bottom and as you can see still moving up dragging itself along the bottom of this channel.
So what to expect is constant gains in large percentages to break free from the uptrend line for Tron to have room for a healthy trade environment.
Therefore Tron is way undervalued. Expect the bullrun to begin, and I believe Xrp has started it.
Tronpriceprediction
tron short or long?2 possible scenarios for lit.
It is possible to pump.
The resistance zone above the support zone may be broken.
Wait for the price reaction to the area and zone. if a large volume enters.
Patience is the most important factor for success.
A whale waits to empty the market in the cheapest area.
This will be good news for traders to go long Tron and wait for I have been researching cryptocurrencies for 2 years. I noticed in all charts the common matter within all coins and tokens has been the extended wave 5. This happens in all sub-waves of each wave.
About Tron:
studies show that,3 waves have been completed so far, at the moment the 4th wave is under accomplishing. According to the candlestick type in 240 minutes time frame, also the resistance level of 50% Fibonacci ratio, and dealing with the broken downtrend, the probability of ending the wave 4 becomes clear. So, we should wait for a very strong uptrend in the 5th Wave.
According to the initial explanation, we have to wait for the continuous wave of 5th, the target of this bullish rally can be in the range of 0.08 up to 0.10 cents.
However, we must consider the possibility that wave IV will continue up to the range of 0.618 Fibonacci ratio.
Tron (TRX)-TRXUSD - 728% Gains Expected! - Don't Miss This TradeTron (TRX) - TRXUSD - A Big Move Coming To Maximize Your Gains.
728% Gains Expected! - Don't Miss This Trade .. :)
Based on AB=CD pattern, Time Ratio & Gann Analysis, It's a potential long position with great returns :)
In a lower time-frame (4hrs) this long position has also been confirmed.
Target Profit Range - 0.016-0.058 -
(60%-728% Profit Expected)
TP - 1 - 0.016
TP - 2 - 0.025
TP - 3 - 0.024
TP - 4 - 0.035
TP - 5 - 0.058
Buying Zone! Long Position
Early Entry Trigger Point - 0.007-0.01
Ideal Entry Trigger Point - 0.003 -0.006
Adjust your Stop Loss according to your lot size,
account equity, strategy & money management.
***If you want to get in this trade from this point 0.0156 you can still make 62.5% profit till TP2 is reached, however, there is a very high probability that price may continue to move down towards my ideal entry point., It is recommended to enter with a smaller lot size if you want to go long right away & manage your stop loss accordingly.
*Note - Price may touch $0.02-$0.022 mark before it goes down towards my entry point. I'm in this trade from $0.011 and may close at 0.021 if I see it going down again and re-open my 1st position at 0.01 and continue to add more if it goes down furthermore.
Good Luck.!
Disclaimer - This is not financial advice. This is my personal view and analysis of this chart.
If you follow this idea please plan your trade according to your lot size and account equity.
Don't forget to like, comment & follow, If you agree with my analysis :)
New PoS Plan Keeps TRON Green regardless of Loss MarketAccording to the reports, DApps of TRON has accomplished the all out number of 563 and TRX of around $5.2 billion is shut in the staking. The normal return of 13.2% and clients are getting $700 yearly for staking on TRON. The principle of the TRON is get register on the Coinbase's American variant or on Binance.
Tron presents the Sun Network on eleventh August 2019. They began this as a one next to the other scaling arrangement made for giving the relentless scaling power for the system. This one next to the other scaling arrangement is presently getting another update. With the new update, this will permit DApps to work with increasingly effective, security and to devour less vitality.
News Source: TheCoinRepublic
Tron (TRX) price prediction and analysis: TRX with quite attract
Tron (TRX) is one of the coins that have shown massive improvement after being sluggish for a while. The coin started off 2019 at a bearish note but since then it has shown massive growth. The coin is expected to reach as high as $0.076 against the United States Dollar (USD) by the end of this year.
At the time of writing this article Tron (TRX) was trading at $0.0284 against the United States Dollar (USD). The coin was also showing a positive growth of 0.35 percent. The market cap of the coin was $1,895,356,930 United States Dollar (USD) and the 24 hours trading volume of the coin was $734,312,946 United States Dollar (USD).
Since the last three months, the coin has shown a growth of more than 50 percent. The Return on Investment (ROI) of the coin is 1263.57 percent which is a positive sign for the coin.
Tron (TRX) is currently ranked at the 11th position in terms of digital currencies. The coin is an attractive cryptocurrency since the price of the coin is low and the Return on Investment (ROI) of the coin is more than a thousand percent.
Tron (TRX) Price Prediction: TRON/USD Price to witness Consisten
The price of Tron (TRX) is consistently rising and the experts believe it is coin worth investing in. Let us look at the different aspects of Tron (TRX):
TRON’S dApps
Tron (TRX) provides a platform for the developers to evolve what is known as dApps OR decentralized apps. Tron’s launch of ‘Manniet’ has provided it with a lot of attention. The founder and CEO of Tron (TRX), Justin Sun said that it plans to develop 80 dApps soon.
(TRX) TRON PRICE PREDICTION
Tron (TRX) is presently trading at $0.025, with Market Cap of $1,680,498,776 and volume being $434,727,129. Tron (TRX) is expected to rise to the $1 mark in the next 5 years hence it is a good investment option. The prediction results from the fact that the coin’s usage is increasing significantly.
The coin provides a medium to publish easily without any complications which makes it quite popular and hence the coin is used by investors and traders in large and this increase in usage is leading to a consistent increase in its price. Moreover, the coin is quite versatile and has a high usage which makes it a coin worth investing. Looking to invest in cryptocurrency? It is a coin that you should be looking forward to investing in.
GROWTH INDICATORS
The resistance level of Tron (TRX) is low which suggest that it is expected to climb rather than fall in the near future. Tron (TRX) has surpassed the 38% resistance level provided to it and is further passing the 50% resistance level. Tron (TRX) is expected to cross even 61% and 68% resistance levels, thus clearly showing an upward trend.
Tron (TRX) recently achieved a milestone; it crossed 100 million transactions in 173 days. This news was shared by the CEO and founder of Tron (TRX) Justin Sun on Twitter.
THE TRON CONTROVERSY
Tron (TRX) recently launched its first ever technical device “Test Net” along with complete nodes, network functions, transactions, and customizable modules. The test net has already expanded to 3 countries and the launch of Test Net has shown the crypto world the strength of Tron (TRX). The controversy was raised regarding the functioning of the nodes and network functions.
Tron (TRX) is also planning to separate from ERC20, that is, Ethereum platform and hence it will no longer be a part of ERC20. Thus Tron (TRX) IS trying to create its own decentralized chain soon.