TRON(TRX/BTC)
Tron has been the best performer in the market recently and has seen surge(100%+) for the past 40 days with news of Bittorrent company.However it needs to cool off(drop) before continuing the bullish momentum.
Bullish Case:
It will undergo a healthy correction after the recent surge and needs to hold the 488-530 satoshi level before moving up.If it manages to hold the 488-530 satoshi level then we might see the surge till 750+ satoshi level.Second level of support will be around 415-448 satoshi level and it needs to hold in order to continue bullish sentiments.
Bearish Case
If the last level of support i.e. around 415-448 satoshi doesn't hold then we might see it dipping to below 300 satoshi level in the coming days and weeks.
Bullish Case:
It will undergo a healthy correction after the recent surge and needs to hold the 488-530 satoshi level before moving up.If it manages to hold the 488-530 satoshi level then we might see the surge till 750+ satoshi level.Second level of support will be around 415-448 satoshi level and it needs to hold in order to continue bullish sentiments.
Bearish Case
If the last level of support i.e. around 415-448 satoshi doesn't hold then we might see it dipping to below 300 satoshi level in the coming days and weeks.
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