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TRX on Track for 0.034

TRX: More room to profit. Mainnet out in 2 Days and continued Marketing efforts

TRX as initially released by Nouvive earlier on the week, one of the best coins. TRX or Tron has netted close to 20% as a result of their Mainnet being released over the next two days.

Despite Bitcoin and Ethereum slowing down their net profit gain, TRX has been one of the first coins to kick off the Alt Szn.

The continued increase, Nouvive is updating the public that TRX still has more room to grow, passing several local resistances and using the 0.382 Fibonnaci as a support mechanism.

On the higher time frames, it appears that the RSI Stochastic has re-set, illustrating it has far more to move up, moreover the Moving Averages are in the process of crossing over. This combined with the increasing Market sentiment illustrates that TRX will hit our initial coin profit of 0.034 dollars.

The Market sentiment for TRX or Tron is at an all time high, this coupled with their CEO, Justin Sun stating that all day on the 31st of August, there will be a live stream for a ‘special event’. 

Nouvive recommends a take profit at 0.033. 

For those who have not yet entered, re-enter at $0.0260 and taking profit at 0.033

 Nouvive issues a buy signal at 0.0261 with a stop limit at 0.025, increasing stops in profit. 

The first take profit should be at 0.0333. 

 

 

Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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