TRON offers traders these opportunities as the price forms a range

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin, at press time, was trading at $31.5k, with the crypto having some support around $31.1k.

Timeline of Tron

The Tron network has managed to outperform the rest of the cryptocurrencies amid the recently increased bear pressure. Tron's native token TRX has surged by over 25% in the past 30 days.

Following the collapse of Terra (LUNA) and its algorithmic stablecoin Terra USD, a closely followed trader has named one cryptocurrency that he believes will emerge as the big victor (UST). According to a  trader named Light, Tron (TRX) and its algorithmic stablecoin Decentralized USD are ready to fill the void left by Terra's collapse. Because …

A closely tracked trader is naming one altcoin that he says can come out as the big winner following the crumbling of Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST). Pseudonymous trader Light tells his 160,600 Twitter followers that Tron (TRX) and its algorithmic stablecoin Decentralized USD (USDD) are poised to fill the vacuum left The post Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse appeared first on The Daily Hodl.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin continued to range between the $28.7k support level and the $30.6k resistance level. At press time, Bitcoin was trading at $29.8k, near the mid-point of this two-week range.

TRON (TRX), has been one of the greatest survivors of the recent crypto crash. As a matter of fact, TRX has even overtaken Shiba Inu (SHIB) token which was once a very popular meme coin, especially within the social media circles. Initially, there were fears when Terra (LUNA) started dropping due to the de-pegging of The post TRX has gained 24% in the past month: here's why TRON (TRX) survived the crypto crash appeared first on Invezz.

TRX managed to deliver a healthy bullish uptick in the last seven days as the market struggles to overcome the prevailing uncertainty. However, it is currently approaching a significant support area which will likely result in a bearish retracement.

The Tron price analysis reveals the bullish trend has been continuing for today, and the uptrend has benefited the coin value significantly. The TRX/USD price has been able to challenge the resistance present at $0.074 as well and seems to be breaking above this resistance because of the upsurge.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The TRON DAO acquired millions of dollars worth of Bitcoin and TRX to safeguard the algorithmic stablecoin USDD. This saw a large spike in the market capitalization of the coin, as prices soared in the

The failed attempt from the TRON (TRX) buyers to escape the range-bound rally indicates a potential downfall to the $0.057 mark. The $0.075 fallout brings a short opportunity for interested traders to take an 18% target.

The TRON DAO Reserve increased the supply of USDC stalecoin by $260 million on the TRON network. The new addition takes total circulating supply of Tron's USDC stablecoin supply to $1.241 billion.