No MainNet Migration Yet! TRON (TRX) aiming to cross its All Time High (ATH) - Is it possible to surpass 1687 Satoshis?
Instant price surge in TRON (TRX) making it the coin of the week. Only 2 days left in the TRX token migration, shows almost 20%+ increment in the prices. Focusing to all TRON fans, who is looking to see a major pump in TRX, It's the right time now to take profits and exit the TRX market. TRX value can be dumped at any time just after the completion of migration, which will start at June 21st and Ends at June 25th.
Is it possible to cross All Time High (ATH) of 1687 Satoshis?
When today, I checked the coinmarketcap website and sees the instant boost up in TRON (TRX) prices. Tron (TRX) is reporting a 17%+ price increase on CoinMarketCap at the time of writing this post. We've also tried to capture a image (check in the screenshot below), which showing a little surge in the tron prices. Indicates that TRX market will boom soon. Now the question about, Is it possible to cross the barrier of All Time High? Answer is, 50% chances to cross the mark.
Image Source: CoinMarketCap
Why not 100%?
Reason being, all depends upon market FUD (Fear, Uncertainty and Doubt), Rumors, TRX MainNet Performance, BTC dominance & so on . IF BTC will stable above $6600 mark. We'll see the great improvements in the TRON in next 2 days. You can also sense that It can be the effect of acquiring BitTorrent for $140M by TRON. But, whatsoever TRON is showing some serious movements ahead of MainNet Migration. According to my experience, It should be again shoot up above 1000 Satoshis mark within next 2 days. Mark My Words Because, Cryptocurrency market is also showing good spike up after a dip to $6000 in BTC.
Above Image shows that, It's all ATH was 1687 Satoshis, which was created on Jan 05, during the bull run at the start of the year.
Tron (TRX) tokens is currently moving around 720 - 750 Satoshis and More than half of the market is green. We can't say it the bull run, but bullish mode is on now.
But, according to my vision, Tron show will be for short span of time. Make sure to put sell bid on the exchanges. If you are at 5% - 10% profits, then also book it. You'll surely get another chance for taking huge profits (2x, 3x, 5x) in the TRX tokens.
Meanwhile, If you have invested in TRON and your TRX tokens are still stored in wallets, then you must move your all TRX tokens to the migration supported exchanges such as Binance, Bittrex, Zebpay & so on. This process should be done before June 24th to avoid any types of losses. You must be aware with the information that TRON Withdrawals will be suspended from June 21st and It will resume on June 26th. Similarly, Deposits will be suspended on June 25th and will resume on June 26th.
What are your thoughts about TRON?
Will it cross its all All Time High (1687 Satoshis) in terms of BTC or USD ($0.254)?
How many of you agree with that it will rise till 1100 Satoshis?
Leave your Comments and Upvotes! All comments are appreciated.
I'll be happy to reply your queries. :)
watever the reason is. But i love TRON (TRX). I bought on the same day it was listed on binance.
It's nice to hear that you love TRON (TRX).
But, Can I know the sense of loving TRX?
In the cryptocurrency market, There's a one famous concept for trading, If you want to earn some serious profits, then don't love any coin! Only focus on the concept of coin technology. Buy the Rumors and Sell the News.
So Simple is that!
Its a part of thinking.. you love trading, thats great.. But i belive in holding for a long period. What i think is, We cannot judge the market. Even we dont know the good time to buy or sell any coin. So Better to buy and hold it for a long time, may be today , tomorrow on in future will have a good profit. thats what i think.
You said right about holding the coins for a long time. It'll be give you a great return too in the near future and I'm also doing the same with many of the coins. But, there are many traders, who want to earn daily or weekly based profits so that they can make good monthly income from crypto market. How they judge the market, If they don't know the time to buy/sell coins?
Meanwhile, you can say like we can't judge the 100% of market, but we can judge 75 out of 100 from it! And, It'll be more sufficient for us to take 10-20% profits from the coins. I individually implemented the things and got the results. You may also give it a second thought! Anyways, thanks for lovely comment on my post.
I'm not a greedy person but, I can hope to get upvotes from your end on my comments too. Have a nice crypto journey! ;)