Using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $0.10 - $0.11 range for TRX Tron!
This coin and ecosystem still has life as show in in the charts. Even if its just a network to move dollars around in SE asia That's a good enough usecase , considering the size of the population in that part of the world. Therefore the gas token #TRX would very much be needed. and positive price actions, sparks speculative juices which feed on the price.
TRON ( CRYPTOCAP:TRX ) executed a substantial token-burning event on February 14th. The initiative saw the elimination of 9.9 million CRYPTOCAP:TRX tokens from circulation. This decision aligns with TRON’s commitment to implementing deflationary measures and fostering value growth within its ecosystem. The token burning event has already shown tremendous...
Every move by influential figures can send ripples through the market. Justin Sun, renowned for his strategic maneuvers, recently set tongues wagging with a bold announcement: a staggering $50 million worth of SEED_ALEXDRAYM_BIGMAC:HT tokens have been consigned to the flames in a calculated token burn. This calculated step has effectively slashed the total...
TRON's PA is a thing of beauty. The HLs in HTF on the ascending triangle are aesthetically perfect. Price has been on the rise for a little less than two years. Sooner or later the god candles will print out.
TRXBTC has very good market structure (higher high's , higher lows's) for the past 3 years. Overlooked , & under-appreciated it seems like, in my view on it's sentiment on Justin's success of network adoption. We can see a clear Inverse head and shoulders with a very key neckline level that if broken with strength could a indicate a run at the LOG...
Popular American exchange Robinhood has made a bold move by acquiring a staggering 202 billion Shiba Inu ( CRYPTOCAP:SHIB ) tokens in less than 24 hours. This unprecedented buying spree positions Robinhood as the fourth largest custodian of Shiba Inu, trailing behind Binance, Crypto.com, and the mysterious black hole wallet associated with the original Shiba Inu...
❤️❤️Thanks for boosting 🚀 and supporting us! 📊 (Entry) : 0.10233(buy)- 0.10832(sell) 🔴 Stop Loss : 0.1(buy)- 0.11035(sell) 🎯 Take Profit : TP-1 = 0.10357 (TP-2 in entry reverse position) 🔗 For more communication with us, In the footnote and send a message in TradingView. 👨🎓 Experience and Education: Our trading team has five years of experience in financial...
Coin Sun. This is an altcoin from the TRX ecosystem. Other coins in this ecosystem are: NFT, JST, BTTC(BTT), TRX. On the backstage of XRP rise(China money partly) TRX class of assets also look very interesting. In this idea i'll share my view on SUN from TRX group of assets. From the beginning of the trading history coin has been dumping, which is basic for...
TRX buyers have been quite active, causing the cryptocurrency to test the resistance zone of $0.110-$0.113 on three occasions since November 8, as it tries to break through this range and set a new yearly high. Currently, there's a noticeable reduction in TRX's volatility, making it likely to see short-term trading within a flat range, specifically between...
NFT/USDT 1D. Secondary trend chart. In the secondary trend we can observe the falling wedge forming. In this wedge we've seen couple local downtrends forming, which are shown on the chart here. Another such local downtrendline(red on chart) has been formed on broken above. As for now the price is in the consolidation and is moving in the small range between the...
If you haven`t sold TRX here: Justin Sun, the CEO and founder of Tron, has been served a summons by the U.S. District Court and is required to respond within 17 days to the United States Securities and Exchange Commission's (U.S. SEC) lawsuit against him for alleged fraudulent crypto trading activity. The Southern District of New York has given Sun a deadline...
The 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...
TRX Tron has formed one of the most obvious and bearish chart pattern out there: the Double Top. The double top chart pattern is a bearish reversal pattern that is commonly observed in technical analysis of financial markets. This pattern typically forms after an extended uptrend, indicating that the market may be losing momentum and could potentially reverse its...
The upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the...
Justin Sun's Deadline Approaches: 4 Days Left to Respond to SEC Lawsuit Summon Over Alleged TRX Market Manipulation! Tron (TRX) cryptocurrency founder Justin Sun has reportedly been issued a summons in the Securities and Exchange Commission (SEC) lawsuit. The SEC charged Sun with "fraudulently manipulating the secondary market for TRX through extensive wash...
If you haven`t sold TRX Tron here: Then you should know that Binance US, the American division of the world's top cryptocurrency exchange Binance, has declared that it will delist TRON (TRX) from its trading platform next week, on April 18. Binance made the decision to delist TRON in response to the US Securities and Exchange Commission's (SEC) recent...
Ethereum’s Shanghai upgrade is scheduled to launch on April 12. The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump. This is my scenario for Tron: TRX/USDT short Entry Range: $0.062 - 0.067 Price Target 1: $0.055 Price Target 2: $0.045 Price Target 3: $0.030 Stop Loss: $0.074