TRON (TRX) and Ripple (XRP) Up, Despite $5 Billion Loss this Weekend

The entire cryptocurrency market has hit a bit of a bear run moving into the new week. Towards the end of last week, most digital currencies saw quite a spike in prices. That didn’t last long as most of them quickly plummeted towards the end of the weekend, taking off $5 billion from the total market cap. Today, we’ll take a look at TRON (TRX) and Ripple (XRP). Both of these coins are seeing green today. Let’s take a closer look at why this may be. TRON (TRX) TRON, now…

Tron Price Analysis: TRX Trend Setting, Up 18% From Last week’s Close

Tron prices surge, adds 7.8 percent in the last day Justin Sun hires former SEC official; crypto is no scam Accompanying recent surges are high trade volumes While most trading pairs register losses, TRX is a top performer and up 7.8 percent in the last day. At this pace, TRX bulls will likely drive prices towards 4 cents in coming few days. Tron Price Analysis Fundamentals In one of Nouriel Roubini tweetstorm, the NYU professor goes to great length discrediting crypto calling the burgeoning market a “4800 Pump & Dump…

TRON Records 2x Increase in Price Since November, What Caused it?

Tron has become an exception in a long-running bear market of cryptocurrencies. The decentralized blockchain protocol experienced a twofold surge in the value of its native token TRX. Between November 20, 2018, and January 18, 2018, the TRX/USD pair rose from 0.0132 to 0.0249, according to CoinMarketCap.com. In the same timeframe, the Bitcoin price dropped 18.37%, from $4474.58 to $3,652.50 while TRX’s closest competitors Ether and EOS experienced 18.39% and 33.42% worth of losses in US Dollars, respectively. Source: CoinMarketCap.com The surge assisted TRX to maintain its position among the…

Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap made a sharp U-turn and declined below the $115.00 support. EOS price is down around 5% and it broke the $2.45 and $2.40 support levels. Bitcoin cash price is under pressure and it recently broke the $125 support level. Tron (TRX) price failed to stay above the $0.0250 support and it could revisit $0.0220. Cardano (ADA) price declined more than 6% below the $0.0450 support level. Bitcoin and the whole crypto market fell sharply in the past few hours. BTC, Ethereum, ripple, EOS, BCH, ADA…

Tron Price Analysis: TRX Underperforming 24 Hours After NiTron

Tron price drops 2.1 percent in the last day Trust Wallet will facilitate BTT airdrop Average daily transaction volumes steady at 29 million A day after NiTron is down 2.1 percent and underperforming against BTC. Nonetheless, TRX bulls are in charge, and we expect TRX prices to re-test 4 cents by the end of Jan 2019. Tron Price Analysis Fundamentals Right off NiTron and it’s clear that the team behind TRX and Tron as a smart contracting platform and Ethereum’s competitor is not short of ambition. The general theme at…

Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), IOTA Price Analysis

The total crypto market cap broke a major resistance near the $117.00B level. EOS price broke the $2.50 resistance and it may rise towards the $2.62 level. Bitcoin cash price jumped above the $130 level and it might head towards the $135 resistance. Tron (TRX) price is up more than 3% and it seems like it could test $0.0262. IOTA gained more than 6% and it is likely approaching the $0.3250 resistance level. The crypto market is slowing recovery, with positive signs for bitcoin (BTC) and Ethereum. Similarly, BCH, ripple,…

Crypto Market Gains Traction: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

The total crypto market cap found support near $112.00B and recovered above $120.00B. EOS price is up more than 8% and it may extend gains above the $2.50 resistance. Bitcoin cash price is back above the $130 level and it could test the $135 and $138 resistances. Tron (TRX) price rallied close to 10% and cleared the $0.0250 resistance. Cardano (ADA) price found support above $0.0400 and recovered above $0.0430. EOS and Tron (TRX) are gaining bullish momentum as the crypto market recovers nicely. Bitcoin, BCH, Ethereum, and altcoins like…

Crypto Market Update: Bitcoin Cash, Tron (TRX), ADA, IOTA Price Analysis

The total crypto market cap declined heavily and broke the $115.00B support level. Bitcoin cash extended losses and traded below the $130 support level. Tron (TRX) started a downside move and traded below the $0.0250 support level. Cardano (ADA) is moving lower and it may soon test the $0.0400 support zone. IOTA (MIOTA) is down more than 7% and it recently broke the $0.3000 support. The crypto market is under a lot of selling pressure, dragging bitcoin (BTC) and Ethereum below key supports. Moreover, ripple, Litecoin (LTC), Tron (TRX), IOTA…

Ex-BitTorrent Exec Says There’s ‘No Way’ Tron Will Manage BitTorrent’s Token

According to Simon Morris, former chief strategy officer at BitTorrent, Tron will not be able to manage the transaction volume needed to tokenize BitTorrent. Blockchain news website BreakerMag published its interview with Morris on Jan. 11. According to the interview, Morris noted that when he worked at BitTorrent, he and his team discovered that bringing a token and automated auctions to prioritize download queues could increase the speed of the network by up to 40 percent. Nevertheless, Morris reportedly stated that there’s “no way” the Tron blockchain could handle the…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 11

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. When a price is forming a bottom, it is usually volatile as both the bulls and the bears are trying to gain the upper hand. In a bear market, any negative news is met with strong selling and that is what has happened…