TRON bullish toward $0.5 ?#TRON is looking bullish!
All resistance levels have been broken, and it's now heading toward $0.30-$0.50. I'm expecting a 200-300% upward move from here.
Strong support at $0.140
TRXUSDT.P trade ideas
TRX TronBINANCE:TRXUSDT BINANCE:TRXUSDT.P
#TRX is in a cautious climb, sitting around 0.16006 after a recent pullback. The chart shows a steady upward trend with gradual gains, indicating that the bulls are testing the waters. There's a key zone between 0.16143 and 0.16483 that might act as a decision point. If the bulls push through with confidence, we could see an attempt toward 0.16837 and possibly higher. However, if it stalls here, we might see some consolidation or a retest of the support around 0.15671. This could be a pivotal moment for TRX as it navigates between these critical levels.
TRXUSDTWe can accumulate trx at current price for mention elliot waves, this is the second time i am posting trx chart. TRX is stil bullish for me. This crypto is sideways from a long time and form a descending triangle and as per Elliot wave analysis we can see a third wave in this crypto. I have mention two levels as per third wave analysis we can see a downfall from this two point the it will form a 4-5 wave . then it will go on
let's see how it will perform
Thanks
ishu prajapati
TRON View!A well-known figure in the crypto industry, Justin Sun, founder of TRON
TRXUSD
and chief adviser to Huobi, opened up in an unusual post on social networks. In particular, he responded to rumors regarding his Bitcoin investments.
Sun expressed confidence in Bitcoin's future but clarified that he did not take a long position at the $69,000 price level.
I am very optimistic about the development of Bitcoin and have great confidence in its future. However, I would like to clarify that I did not go long on Bitcoin at the $69,000 price l
Justin Sun Reveals Gas-Free Stablecoin Transfers on TRON NetworkTRON founder Justin Sun announced that his team is developing a stablecoin solution to increase institutional adoption of such assets.
On July 6, Sun revealed that a gas-free stablecoin solution will launch on the TRON network in the fourth quarter of this year.
Gas-Free Stablecoin Solution
Sun explained that this innovation means users will not need to pay a gas fee for stablecoin transactions. Instead, the stablecoins will cover the fees themselves. This solution will initially be available on the TRON Network before expanding to Ethereum and other Ethereum Virtual Machine (EVM)-compatible public chains.
Will TRX Price Cross $0.5 Mark This Year?Tron has a market cap of $10 Billion and is ranked 16th in the cryptoverse. The VM ratio of the asset price is 0.02 with a drop of 7% in the volume. TRX is currently trading near the value of $0.11 with a drop of 0.14% in the intraday session.
TRX token price is currently seeing a weak consolidation on the daily chart. It is trading below the 50 and 100 EMA with a negative crossover in the past. The upside trend of TRX price can see a halt near $0.2. Meanwhile the support price can be seen near $0.09.
The RSI of the token price is currently near 44 with a negative slope in it. The overall sentiment of the indicator is bearish in nature.
The Tussle Between Justin Sun Vs SEC Continues
Tron is a blockchain based operating system developed by the tron foundation in 2017. Initially the token was launched in the Ethereum blockchain and later it was moved into its own blockchain.It supports various types of smart contracts and dapps.
Recently Tron foundation alongside Justin sun, Bittorrent and Rainberry submitted a new pre-motion letter on May 2. It proposed a plan for moving to reject the SEC revised complaint. The given document also says that the defendants and SEC have agreed on a briefing schedule without the need for a pre-motion conference unless deemed necessary as per the data revealed by cryptodaily.
Tron is gaining movement in bullish wedge and heading to 0.15$Tron is continuously trading in long time bullish wedge and now it's gaining momentum after touch the bottom of this wedge if it's true it can touch 0.150 mark very soon.
TRXUSDTI am watching this crypto from a long time , this crypto is sideways from a long time and form a descending triangle and as per Elliot wave analysis we can see a third wave in this crypto. I have mention two levels as per third wave analysis we can see a downfall from this two point the it will form a 4-5 wave . then it will go on
let's see how it will perform
Thanks
ishu prajapati
shortit is taking resistance again in previous rejection and we can expect fall again from current level
trx behivour this idea only learning purpose so let's start here we seen minor trend id down but support would be work like seen in pic than more chnace to reverse up side
TRX Is Not Looking GoodAs Huobi Exchange Changed Their Name To HTX First Hack Has Been Successfully Fooled , Next 8$ Million Worth Of Etherium ( 5000 ETH ) Has Been Hacked , It's Really Better To Stay Away From This Justin Sun's Exchange and Tokens
#Stay_SAFU
TRX/USDT:- Anticipating Correction towards Key Support Levels ?In this technical analysis, we delve into the price action of TRX/USDT, examining crucial resistance and support levels to decipher potential market movements.
Resistance Area - 0.07800 - 0.07850
TRX/USDT has encountered a substantial resistance area at 0.07800 - 0.07850. This zone has historically posed as a formidable barrier halting upward price momentum.
Anticipated Price Correction - 0.07100 - 0.07200
The potential correction is projected to lead the pair towards the support zone ranging from 0.07100 to 0.07200. This area holds significance due to its historical role as both a support and consolidation zone.
Bearish Order Block Analysis - 0.07800 - 0.07850
Presently, TRX/USDT finds itself trading within a bearish order block, precisely coinciding with the resistance area at 0.07800 - 0.07850. This bearish order block signifies a cluster of price levels where selling pressure has outweighed buying activity.
The alignment of this bearish order block with the resistance further strengthens the expectation of a downward movement.
Stay informed, stay cautious, and keep a keen eye on the evolving market trends.
TRON FALLING WEDGE PATTERN...📈⚡️Falling Wedge pattern has been formed on TRON breakout of the pattern will result in bullish movement.
TP - 0.08000
TRXUSDT LongTRXUSDT forming a W pattern, in the 1hr time frame. Expect a small bull movement. Any suggestions
TRX’s price has pumped by 0.57% in the last 24 hours.1) TRX could hit $0.088 in 2023
2) TRON’s price prediction for the most bearish scenario will value TRX at $0.057 in 2023
3) TRON’s previous All Time High was on 5th January 2018 where TRX was priced at $0.23
4) To simplify the latest TRX price prediction, we have divided up the prediction by short term TRON price prediction and long term TRON price prediction.
5) TRX had a trading volume of $288,753,858. TRON has gone up by 3.94% in the past 30 days.
6) According to our analysis in the short term, TRON price prediction for August 2023 shows the average price of TRX at $0.068 and the highest possible price for August 2023 would be $0.072.
7) Further, according to our analysis in the long term, TRON price prediction for December 2023 shows the average price of TRX at $0.073 and the highest possible price for December 2023 would be $0.078.
Tron weekly chartTrx is forming a triangle pattern in weekly timeframe
And has shown no move since months
I hope it will give good move once came out of this cage
TRON (TRX) Short setup - WEEKLY CHARTNothing much to explain about it , it just broke a triangle on weekly time frame and retested it too . I think we can have a rally to the downside from here . I am already short .
