Cryptocurrency News
After witnessing a deeper correction throughout last month, Tron TRX found a solid ground level and increased slightly. The price appeared strong this month as it created another bullish setup on the daily timeframe. Going back to where TRX started to increase in 2023, the price has seen nice growth […]
Amidst the latest increase across the crypto space, Tron TRX took a bow and continued to retrace downward on the daily chart. It currently appears weak but the trend remains bullish from a long-term perspective. TRX has been on the rise for almost a year and a half, recording back-to-back […]
The TRON network has achieved a remarkable milestone, surpassing 95 million addresses. This figure is particularly noteworthy when compared to other layer 1 networks like Cardano and Avalanche, which have fewer than 10 million addresses each. There are more than 95 million TRON network addresses! Quite an impressive number, considering […]
While Tron ecosystem has attracted a lot of volumes in the past months, its price increased exponentially with over 100% gain in the past year. It is trending highly bullish this month following a recent breakout. The continuous increase in TRX’s price has gained a lot of traction amongst traders […]
After breaking out of an ascending triangle this month, TRX rolled back into it and found a solid ground. It regained strength last week and bounced back but is yet to break out of its previous resistance. Last week saw TRX through a small drop but later resurged back to […]
Despite past days of negative sentiments across the crypto space, TRX recently initiated a fresh buy and is now plotting to advance higher. It remains bullish and may continue to show strength in the coming days. TRX is not showing any sign of stopping bullish yet as the price keeps […]
Tron remains in an accumulation phase as the price continued to stall under a crucial resistance for almost two months. Although, the trend appears bullish but the price needs to break out to sustain momentum. Since the price fell from the $0.113 level last November, TRX has been finding it […]
Tron appeared bullish but has remained stalled after rising to a two-year high in November. The price currently looks indecisive as it reached a tight trading zone on the daily. It may soon break out of this symmetry triangle. Increasing by more than 100% in the past year, TRX tested […]
Tron’s bullish trajectory remains intact from a mid-term perspective. But currently, the momentum is temporarily stalled due to a slight retracement this week. It has found support nearby and now looks prime to resume buying. Following August’s bounce from $0.072, which is around the lower boundary of a channel, TRX […]
TRON is a robust blockchain ecosystem created and developed by blockchain developers worldwide that adhere to the “Decentralize the Web” guiding principle. The TRON ecosystem consists of various products, including a public chain, a wallet client, stablecoins, decentralized apps (DAPPs), etc. Due to the intimate connections between these products, the stability […]
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical fall. USDD is a stablecoin that runs on TRON’s blockchain and has a similar algorithm to UST […]
Mobile applications can bring a lot of positive attention to cryptocurrency ecosystems. In the case of TRON, there is a community-developed app which is gaining a lot of interest, Until recently, the beta testing of this application was accessible to users. The TRON Mobile App Exits Beta Testing Now that […]
Every change Poloniex makes will be scrutinized. Their decision to lower fees is positive, albeit some see it as another way to “Shill TRON”. It has been a very eventful year for Poloniex as a company. Interesting Changes for Poloniex Users Not only did it break free from Circle, but […]
Getting as many people to experience cryptocurrencies remains one of the key hurdles to overcome. This can only be achieved through collaboration and an open-minded business approach. The Opera Browser developers have decided to integrate support for TRON. This could expose up to 350 million users to this altcoin and […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, September 3rd, the TRX cryptocurrency remains under pressure, but there is no more aggressive selling. The instrument is generally trading around $0.0158. Tron Price Analysis In order to understand what is going on with TRX (TRON), let us have a look […]
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, […]
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the price of BTC/USD pair has succumbed an intense bearish pressure. Having begun the session yesterday trading at $12197.51 that was followed by a false breakout that rolled the price down to currently changing hands at $11624.60. The downward move was seen […]
Stellar Price Analysis (XLM/USD) Over the past 24hrs XLM/USD pair has recorded a massive downward pressure. The bear market rally seemed to have been supported by the 21 day MA that was seen most of the time gravitating above the 7 day MA. The RSI indicator was also seen below […]