NOT FINANCIAL ADVICE
Now Justin Sun may not have the cleanest of blockchain records, and may have rubbed some people the wrong way, but make no mistake that Tron Protocol itself is quite usable.
Its fundamentals may have changed somewhat, post pandemic as it 'embraced' DeFi and began on a journey of self-rediscovery, especially on the wings of $USDT use.
Let's give it a shot.
Elliot Wave Analysis
It looks like $TRX have been undergoing a very compressed consolidation period since Mar 2020, and it looks set for a parabolic run in the near future.
It may seem that we have reached all signs that point towards a corrective trend, aka Wave 4 completion.
We are on Impulse Wave 5 underway, and nothing less than 11.6cents will be our target price.
Now Justin Sun may not have the cleanest of blockchain records, and may have rubbed some people the wrong way, but make no mistake that Tron Protocol itself is quite usable.
Its fundamentals may have changed somewhat, post pandemic as it 'embraced' DeFi and began on a journey of self-rediscovery, especially on the wings of $USDT use.
Let's give it a shot.
Elliot Wave Analysis
It looks like $TRX have been undergoing a very compressed consolidation period since Mar 2020, and it looks set for a parabolic run in the near future.
It may seem that we have reached all signs that point towards a corrective trend, aka Wave 4 completion.
We are on Impulse Wave 5 underway, and nothing less than 11.6cents will be our target price.