Tron TRX Price Prediction for 2019

Tron TRX Price Prediction for 2019

TRON TRX is a highly ambitious project aiming to establish a truly decentralized Internet. If you want to know to wonder what that involves or simply What is Tron coin price prediction? then you have come to the right place as this guide is packed full of useful trx coin price info. "Tron TRX Price Prediction for 2019"

Tron TRX Price Prediction for 2019

The TRON protocol is among the biggest blockchain-based operating systems worldwide, is highly scalable, has high throughput, and is able to support a wide range of decentralized applications in its ecosystem.

TRON coin also acquired BitTorrent in July 2018 to further its team mission of creating a decentralized ecosystem.

TRON’s project native token TRX coin is currently the world’s 10th largest cryptocurrency with a market cap of more than $1.5 billion (as of March 10, 2019).

A look at the Weekly Tron trx chart in logarithmic form shows that price is following a descending support line and is currently trading at $0.027.

The next resistance support areas are at $0.035 and $0.06 respectively. The relative strength index (RSI) is at 50, indicating neither overbought nor oversold conditions. 'Tron Price Prediction'

However, the MACD chart has made a bullish cross and is almost positive.

Tron Price is above the 7-period moving average but is facing resistance from the 21-period MA and the Ichimoku cloud.

Given this information and the length of the previous move, I believe the Tron coin price will eventually break the $0.035 resistance level, and head to the other resistance area at $0.06, which coincides with the Ichimoku Cloud. This move should end in September 2019.

TRX price prediction is mostly based on how the project has performed in the past and its state at present. The last couple of months have seen the platform growing consistently in the number of users: it recently hit 2.7 million accounts registered on the network, setting a new record. The number of dApps on the platform reached 385.

Based on some Tron price forecasts, at the end of 2019, TRX Price prediction to hit $0.08. Besides, many believe it will be breaking barriers to trade between $0.05 and $0.07 in the third quarter of the year. This is due to the news that the network plans to sign multiple strategic partnerships, including the rumored collaboration with Liverpool Football Club, attracting more investors’ attention.

In 2018, experts at Jiomobilephone1500 bet on TRX going up as much as $5 in 2019, saying that it might reach $47 in 2020. Now, they have revised the price forecast, putting TRX price prediction at $0.089 by December 2019 and $0.636 by December 2020. Meanwhile, Cointame gave a more optimisticTron coin prediction, wherein they stated that by the end of this year, TRX might reach $0.6 and might touch $1 by the end of 2020.

As for the Price Prediction, in 2020, experts’ opinions split: some predict Tron to trade around $0.1, others – $1. TradingBeasts, for instance, place TRX between $0.11 and $0.16 by the end of 2020. The only thing is known for sure: investors should expect huge fluctuations in the upcoming year.

Forecasts suggest that by 2023, an investment in TRX at present will have an ROI of 1,536%, which means that TRX will likely be trading at $0.54 in the same year, reaching $0.763 in 2025. Investing PR makes an optimistic guess, saying Tron might rise to $1 in the next five years.

Truth be told, Tron is a project that many love to hate. However, as a matter of fact, it has a very vibrant and supportive community. As per the fundamentals, TRX future is bright and could get even brighter.

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