The cryptocurrency market has started to recover from the crypto accident. Most of the coins in the top 20 list have started to record earnings that suggest a slow recovery in the general market. Tron [TRX] is also publishing decent earnings with its value increasing at a rate of 0.42% compared to USD.
TRX / USD
Tron [TRX] is on the road to recovery with its prices gradually rising after fighting a hard bear storm. Prices have found support at $ 0.020 and are looking at the $ 0.022 handle. Prices are approaching the 100 EMA line traded at 0.0231 to resume a stable uptrend. The MACD is trading in the bearish zone, but the increasing pressure from the buyer is pushing it to trade above the bullish trend line. TRX is currently trading at 0.0213.
TRX / BTC
Currently, a TRX is equal to 0.00000333 BTC and is up compared to BTC by 2.49%.
Tron Price Predictions 2018, 2020
- Alpha's research has predicted that the TRX will likely reach $ 0.065 in the next five months. The forecast also mentions that the currency has the potential to occupy about 1.1 to 1.4 percent of the total cryptography market.
- According to Investingpr.com, the digital asset will hit $ 1 in five years, which is a rather conservative perspective. Coin Switch expects the digital asset to reach $ 0.2 over the next 15-18 months.
Tron Latest updates
- Tron has launched an app, BitTorrent plays exclusively for ios users. The app helps users access entertainment content like music and video on their phones.
See also: Cryptomage market crash; speculations suspect market manipulation
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