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Tron (TRX) Technical Analysis: Doesn’t Make New Coinbase List, Bulls Don’t Seem to Care

Published 12/10/2018, 04:30 PM
Updated 12/10/2018, 05:41 PM
 Tron (TRX) Technical Analysis: Doesn’t Make New Coinbase List, Bulls Don’t Seem to Care

Tron entered back into the top 10 cryptocurrencies this month in style, standing out as one of the best performing altcoins against BTC over the past seven days with a solid 5.24% gain. Despite not making it on to the latest prospective list of cryptocurrencies to be added on to Coinbase, bullish support has continued to arrive for the asset - driving it towards a key resistance at 390 Sats.

In the news recently, Tron’s 28 community elected ‘Super Representatives’ approved Proposal #7, which aims to increase dApp activity by 500% - most likely in a bid to outcompete their main market rival, Ethereum. The long-standing feud between Tron CEO Justin Sun and Ethereum Co-Founder Vitalik Buterin recently heated up again over Twitter, after Justin Sun claimed Vitalik ‘admitted’ buyers speculating on Ethereum last year triggered the Q4 crypto boom, and offered to ‘rescue’ Ethereum developers if they moved their dApps to the Tron Network.

Will Tron continue to climb further up the Coinmarketcap leaderb...


This article appeared first on Cryptovest

Latest comments

I think Tron needs to focus on getting the price up!
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