Tron seems to have completed a contracting triangle or a diametric Neely-Elliott Wave pattern. This is confirmed by price, time, structure, complexity, and channeling rules. It also integrates into the larger and smaller time frames. The post-corrective thrust has fully retraced wave-g faster than wave-g was formed, and it has also broken out of the contracting trendlines. All of these indications point to Tron having hit the bottom here.
Also based on the possible targets for the next bull-run throughout the crypto markets, TRX could easily be one of the most profitable cryptos. I've covered the fundamentals more in my other post, but mainly based on my Elliott Wave projections, Tron has grown extremely quickly in the past and will likely see similarly sized logarithmic gains in the future. In one month of 2017 Tron's price increased twice as much (as a percentage) as Ethereum did in ALL of 2017. This could mean that Tron will be several orders of magnitude more profitable than other top cryptos. Conservatively, we could be over 50 by the end of the year, possibly well into the triple digits.
Also in recent news, all TRX holders will be rewarded with the new Bittorrent token when it launches soon, this could help boost TRX prices in the short-term as people buy up TRX ahead of the creation of the Bittorrent token.
Also based on the possible targets for the next bull-run throughout the crypto markets, TRX could easily be one of the most profitable cryptos. I've covered the fundamentals more in my other post, but mainly based on my Elliott Wave projections, Tron has grown extremely quickly in the past and will likely see similarly sized logarithmic gains in the future. In one month of 2017 Tron's price increased twice as much (as a percentage) as Ethereum did in ALL of 2017. This could mean that Tron will be several orders of magnitude more profitable than other top cryptos. Conservatively, we could be over 50 by the end of the year, possibly well into the triple digits.
Also in recent news, all TRX holders will be rewarded with the new Bittorrent token when it launches soon, this could help boost TRX prices in the short-term as people buy up TRX ahead of the creation of the Bittorrent token.
