As i warned you in the past article, TRX is about to collapse because of USDD: According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX , BTC , and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%. This...
I think TRX Tron is the next to fall after BNB Binance Coin. The reason is their stablecoin, USDD. According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio...
I want to share my thoughts on the current situation with stablecoins, specifically USDC, DAI, and FRAX. It is my belief that if USDC were to collapse, DAI and FRAX would follow suit, causing a significant crash in the entire crypto market. Recent developments support this concern. Binance has paused the automatic conversion of USDC to BUSD due to high inflows...
No news, but im watching USDD fall again. Seems like another stablecoin going to get rug pulled
USDD, the Tron DAO reserve is depegging from the dollar. USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, and USDT). TRX is used as collateral. Could lose value sharply. TRX/USDT short: Entry Range: $0.052 - 0.055 Price Target 1: $0.049 Price Target 2: $0.045 Price Target 3: $0.040 Stop Loss: $0.061
Sun (New) SUN is in the Tron ecosystem that could see a big sell-off because of USDD depegging. Price targets: SUN/USDT short: Entry Range: $0.0052 - 0.0058 Price Target 1: $0.048 Price Target 2: $0.044 Price Target 3: $0.039 Stop Loss: $0.072
Cryptocurrency exchange and stablecoin providers Binance (BUSD), Tether (USDT), and Tron (USDD) are experiencing massive liquidity outflows as investors are rushing out of unregulated stablecoins and into Circle's FDIC-backed US Dollar Coin (USDC). This massive liquidity movement was spurred by Charles Hoskinson's recent Youtube livestream recorded on...
USDD and the Tron ecosystem could be the next to fall. Beware of the next UST.
TRX has been trading in a relatively tight range since last year, that range is coming to a point now and it seems like, based on EW structure, that this triangle should break up within the next few weeks. If it doesn't break up in the next few weeks then we'll probably see it continue to consolidate into the tip of the triangle until the end of the year, before...
On the 15th of June , TRXUSDT exhibited a climatic price action which has been followed by an increasing price with low volume. For clarity : Climatic price action ( buy climax or sell climax) is a period in the market when the dominant trend usually seems to be over powered . This is shown by sudden volume spike with low effect . This occurs because the...
Hello all, First of all, neither I am a crypto expert nor a fundamental researcher, my analysis is based on technical charts and price actions. Secondly, the USDD Tronx slips its peg to USD $$$ for a week, which means that the price action is now in motion. ( Newtons 1st rule, when an object is in motion, it will continue in motion ... !!!) Thirdly, so far the...
Tron's stablecoin USDD has lost its peg and despite the $5bil of reserve cash used to prop it back up, it continues to fall further and further from $1. Tron mimicked the Terra Luna UST model and implemented their own stablecoin just days before the UST Luna collapse. If Tron is unable to re-establish the 1:1 peg, it's fate might be the same as Luna's. This is my...
In the realistic possibility that a vast majority of TRX is burnt in the next year, we could see a hyper deflationary spiral causing TRX to increase 35x-100x in market cap, and 3000x in price. Based on the average burn rate of 284 million TRX per day since USDD launched, it's possible that 99% of the circulating supply of TRX is removed from circulation over the...
USDD is following LUNA spiral-death. If it continues to crash, it will be crashing to ZERO. I will set sell entry from here based in the same behavior. SL: 0.10 Targets: 0.01, 0.001, 0.0001, 0.00001, 0.000001 Remember: invest what you can lose. DO YOUR OWN RESEARCH.
TRX has the largest open interest in exchages meaning a lot of positions are being opened! Justin sun is afraid of losing the USDD stability like the UST nightmare. In these current market conditions I won't long the support as fundamentals are agains me. Starting from New york open, markets will be very volatile because of fear from fed interest rate decision...
Should you have to short the TRON with x20 leverage? In this idea i explain you all pros and cons for traders in the current situation. 📊USDD is the alghoritmical stablecoin that start to lost it`s peg with USD. This is very similar to the case of UST that lost it`s peg a month ago. Of course you remember the Luna and Luna 2.0 that lost almost all...
TRON TRX is going to surprise for the next 2 months TRXBTC TRXUSDT
i seen a good bullish momentum on tron and seems like a triangle on 15 timeframe so i trade with R/R 1:4 trade and share it with you hope you enjoy trading don't invest more than 5% of your balance like it if u agree or trade with me