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Tron rose to a one-month high in today's session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high.
Tron (TRX) price has been range bound of late, but gained momentum amid rumors of Justin Sun buying Huobi Global. So what's next?
A new report released by popular journalist Colin Wu has claimed that Tron founder Justin Sun and FTX's Sam Bankman-Fried are the possible investors behind the recent takeover of Chinese crypto-exchange Huobi Global.
The cryptocurrency market may seem like it is stuck in a rut, with its market capitalization standing firmly below the
Justin Sun, founder of TRON, is reportedly to be the real buyer for the acquisition of Huobi Global, according to sources with the matter.
Crypto analytics platform Santiment says many are bearish on Solana (SOL), Tron (TRX) and Binance Coin (BNB), which might signal a bottom is near. According to Santiment, heavy bearish sentiment is sometimes a signal for an imminent upswing in price.
The continued decline in the price of Tron [TRX] has led to an increase in the negative bias against the crypto asset, new data from Santiment revealed. Data from CoinMarketCap showed that on a year-to-date basis, the price of TRX has gone down by 17.28%.
Crypto analytics platform Santiment is warning that three crypto assets are witnessing negative bias amid their poor price performance year-to-date. Santiment says that traders are beginning to “turn on” smart contract-enabled blockchains Cardano (ADA), Tron (TRX) and EOS (EOS).
TRONDAO recently released its weekly report that showcased the growth of the network in the DeFi space. It also elaborated on the improvements the network noticed in terms of the number of accounts and transactions.
A revolutionary cryptocurrency called Flasko is here to provide an alternative investment opportunity in the trillion-dollar market. Flasko uses cutting-edge non-fungible tokens (NFTs) and decentralized finance (Defi) capabilities to make it happen.
The downfall of the Tron Foundation in 2022 will mark a pivotal moment for TRON and could either lead to subpar performance or new heights. The analysis predicts that TRON will reach $0.
The crypto markets appear to have to withstand significant bearish action in recent times as Bitcoin prices continue to trade beyond $20,000. On the other hand, Ethereum prices also continue to sustain above $1300 due to the fact that the DeFi and NFT spaces are also manifesting acute strength.
TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes.
Just a few days before the crash of Terra Platform stable coin (UST), Justin Sun, founder of the blockchain network Tron, launched his own stablecoin named USDD. Stablecoin is that sort of coin that pegged its price with another coin to maintain the demand and supply chain.
Tron founder Justin Sun on Tuesday expressed interest in buying assets or shares of Swiss financial services group Credit Suisse. He also said bringing the global investment bank to the Web3 ecosystem.
The number one rule in crypto investing: let go of your gut instincts. Our instincts tell us to buy when the market is hot and sell when it's not. In fact, the opposite is true. We should be buying low and selling high. It seems obvious, but our emotions get in the way.
This year many cryptocurrencies have taken big hits because of the bear market triggered by the terrible world economics. Tokens like Hedera (HBAR) and Tron (TRX) have been struggling to survive in the current market conditions, but it's been getting increasingly difficult to do so as the bloody chart continues to persist.
Tron price moved sideways on Monday morning as cryptocurrency prices remained in a tight range. TRX was trading at $0.060
“We want our 100 million customers to know that we really take their money and their data seriously,” he said in an interview with CoinDesk.
[PRESS RELEASE – Please Read Disclaimer] Guarda's team has worked to improve the validators' fees to increase the APY received while staking the TRX. The TRX token is among the popular assets available on Guarda Wallet for staking to earn passive income.
Tron (TRX) and Gala (GALA) are losing steam and are expected to continue on their downward paths. Analysts believe their support zones could turn into resistance levels because both coins have yet to recover from the recent meltdown of the crypto market.
Busan, South Korea, 27th September, 2022, Chainwire H.E.
Tron (TRX) holders have been on rough terrain since August with the bears dominating the market. The tables might be turning though in favor of the bulls as shown on the charts.
Since the middle of August, when the bears consolidated their power, TRX holders have experienced bad luck. Their fortune might be about to change, though. The cryptocurrency is currently trading at a substantial discount, and on top of that, the charts appear to be indicating that a bullish pivot may be imminent.
