After about a week of setting higher highs and lower lows, TRX spiraled downwards and outside of its ascending triangle (-8%) creating some neutral sentiment which took nearly 24 hours to battle and bring back into its triangle formation.
Today, TRX teased the .3489 resistance level for a few hours and just recently passed it up. We will likely deal with some resistance in the .0368 - .0392 ranges from previous past historical resistance but wouldn't be a surprise if we fly right passed it as done on Jan. 29 with the whole Alt market going berserk.
Reasons to be bullish on TRX:
TRX ATH = .3004 leaving current market price 1200% away from ATH [HIGH REWARD POTENTIAL!]
TRX is only up about 300% from the massive covid market crash. I know 300% sounds like it's a lot, but compare that to ETH and BTC who are up over 1500% and the many other coins up 500%+ on avg.
Today, TRX teased the .3489 resistance level for a few hours and just recently passed it up. We will likely deal with some resistance in the .0368 - .0392 ranges from previous past historical resistance but wouldn't be a surprise if we fly right passed it as done on Jan. 29 with the whole Alt market going berserk.
Reasons to be bullish on TRX:
TRX ATH = .3004 leaving current market price 1200% away from ATH [HIGH REWARD POTENTIAL!]
TRX is only up about 300% from the massive covid market crash. I know 300% sounds like it's a lot, but compare that to ETH and BTC who are up over 1500% and the many other coins up 500%+ on avg.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.