There is a probability for the price to retest the support level of $0.024 before making uptrend movement towards the resistance level of $0.031.
‘The price of Ethereum will go up only when they’re ready to change to status quo.’
There is a tendency for the price to go up within the next several trading days, by making a break out towards the North at $0.024.
A great blockchain technical revolution or not, the TRON Virtual Machine (TVM) will certainly bring new hope to the cryptocurrency industry.
There is probability that the price might go down within the next several trading days, by making a break out towards the south at $0.015.
TRXUSD continues its bearish movement in the long-term outlook, there should be caution and patience in taking positions as the price could reverse its movement upward in case there is enough bullish pressure.
The latest recession in the cryptocurrency market has caused a sharp fall in the valuations of several altcoins, many of which are on the verge to get extinct.
Recently, following the acquisition of BitTorrent, TRON has acquired the top-level domain name “BlockChain.org” (blockchain organization).
TRON, along with all the token holders and Super Representatives (SR), will build a vigorous and fast-growing ecosystem together.