Defimood
  • Market analysis
    • Cryptocurrencies – Trading Education
    • DeFi market analysis
    • Bitcoin analysis
    • Crypto Coin Analysis
    • Stock Market
  • General strategy
    • Long-term strategy
    • Medium-term strategy
    • Short-Term Strategy
  • Copy trading
    • Binance Copy Trading
    • Bybit Copy trading
    • Bitget copy trading
      • Short-term strategy
      • How to set it up correctly?
    • Bingx copy trading
      • medium-term strategy
      • Long term trade setup
  • Deposit management
  • Assistance to Ukraine
  • About us
    • Contact with us
    • PS_trade – Goals of our project
  • Українська
  • English
Archives
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • June 2022
  • May 2022
  • April 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
Categories
  • Bitcoin analysis
  • Crypto Coin Analysis
  • Cryptocurrencies – Trading Education
  • DeFi market analysis
  • Stock Market
Defimood

Copy Trading,
investments in cryptocurrency

Defimood
  • Market analysis
    • Cryptocurrencies – Trading Education
    • DeFi market analysis
    • Bitcoin analysis
    • Crypto Coin Analysis
    • Stock Market
  • General strategy
    • Long-term strategy
    • Medium-term strategy
    • Short-Term Strategy
  • Copy trading
    • Binance Copy Trading
    • Bybit Copy trading
    • Bitget copy trading
      • Short-term strategy
      • How to set it up correctly?
    • Bingx copy trading
      • medium-term strategy
      • Long term trade setup
  • Deposit management
  • Assistance to Ukraine
  • About us
    • Contact with us
    • PS_trade – Goals of our project
  • Українська
  • English
  • Crypto Coin Analysis

Tron Cryptocurrency: The Last Jump Before The Correction?

  • 15.09.2021
Total
0
Shares
1
0
0
0
0

The last time we made a global forecast for Tron cryptocurrency was in May of this year. Our TRX forecast was released less than two weeks before the price collapse in the crypto market began. At that time, most investors were expecting a confident continuation of growth and few believed in the scenario of the market fall by 70-80%. But the fall in May showed all market participants that trading without experience and risk observance is deadly. The TRON price managed to fall by -65%, appreciate the fulfillment of the previous scenario by clicking on the picture:

Tron cryptocurrency

Tron buyers rehabilitated

Over the past two months, the Tron cryptocurrency price has been growing uncorrected, and almost worked out all the losses.
Over the past few days, the TRX price has been trading in the 20% corridor of $0.10-0.12, and most likely, buyers are preparing for another upward impulse.

Це зображення має порожній атрибут alt

We assume that growth slowdown may start in the range of $0.13-0.144, which will fully compensate for the May fall. A slowdown in this zone can be triggered by the fact that traders who have spent 5 months in a drawdown will simply want to fix without a loss and forget this negative experience. To confirm their strength, buyers should at least not let the TRX price fall below $0.10 in the next few days, and as a maximum to fix above $0.12. If you are interested in active crypto trading with minimal risks – join our trade marathon!

Critical point for the TRX market is $0.130-0.144 range

If critically high trading volumes are not recorded in the $0.130-0.144 zone, then this will be a signal that the time for sales has not come yet, and the growth itself may continue at low volumes, as has been done in recent months.
The targets for the movement above are shown on the chart – $0.155 and $0.169.

TRXBTC price is waiting for a signal for global growth

Це зображення має порожній атрибут alt

The continued growth of the Tron cryptocurrency is also possible through a positive situation on the TRXBTC chart. Buyers managed to break the global trend line that has not released TRX from the consolidation triangle since May 2018. Though, the breakdown did not happen in high volumes. In addition, after this breakout, the price did not start an aggressive growth wave. Therefore, before the start of the new rally of the TRX cryptocurrency, buyers are waiting for a strength test.

Total
1
Shares
Share 1
Tweet 0
Share 0
Share 0
Related Topics
  • Tron analysis
  • TRON cryptocurrency
  • Tron forecast
  • TROn market
  • TRX coin
  • TRX forecast
You May Also Like
View Post
  • Crypto Coin Analysis

XRP Cryptocurrency – buyers have a chance to start an uptrend

  • defimood
  • 25.11.2022
View Post
  • Crypto Coin Analysis

Monero Cryptocurrency – Does this “grandfather” have a future?

  • defimood
  • 16.11.2022
View Post
  • Crypto Coin Analysis

SOL cryptocurrency – closeness with FTX can destroy

  • defimood
  • 15.11.2022
View Post
  • Crypto Coin Analysis

Polkadot (DOT) сryptocurrency – growth forecast to $10

  • defimood
  • 11.11.2022
View Post
  • Crypto Coin Analysis

VET Cryptocurrency growth prospect to $0.07

  • defimood
  • 08.11.2022
View Post
  • Crypto Coin Analysis

The future of the FTT token is in jeopardy

  • defimood
  • 08.11.2022
View Post
  • Crypto Coin Analysis

SUSHI Cryptocurrency – main target $3.3

  • defimood
  • 04.11.2022
View Post
  • Crypto Coin Analysis

MASK Cryptocurrency – what Elon Musk and Twitter have in common

  • defimood
  • 03.11.2022
Defimood
  • Market analysis
  • General strategy
  • Copy trading
  • Deposit management
  • Assistance to Ukraine
  • About us
  • Українська
  • English
криптотрейдинг, инвестиции в криптовалюту

Copyright © 2021 defimood.com All Rights Reserved.

Input your search keywords and press Enter.