According to the crypto experts, Tron can expect a successful 2019 for its digital asset TRX. This would be a breeze of fresh air after the bearish 2018 which has been affecting all the digital assets.
The long-term outlook is a bullish trend. The bulls seem to be on their way back after the price dropped to $0.01920 in the demand area on 1st January.
The progressive upward price movement triggered a pushed of TRX-USD to $0.02425 in the supply on 5th January, and this was the high of the week.
The new trading week is bullish at $0.02262 which is higher than the last week opening price which was $0.02045, and this is definitely an indication of the pressure coming from bulls.
Expert voices in the crypto space are expecting a breakout which will probably be at $0.02400.
Now, TRX is priced at $0.023326 on CoinMarketCap.
TRX surges by 20%
The bulls are resuming the current solid trend, and TRX managed to gain about 20% in just three days.
It’s important to note that besides the tech price developments, Tron is also enjoying more interest and its updates are all successful.
BTT is supporting the Tron community
We already announced that 2019 began with important movements in the cryptosphere as BitTorrent launched its very own coin BTT based on the Tron protocol.
During one recent livestream Justin Sun addressed the reasons for which the Tron Foundation decided to create this new token, BTT. He also highlighted the benefits that it brings for the whole Tron community and TRX holders.
First of all, TRX holders will receive BTT. Sun said the following: “I think the TRX community has a huge tie with the BTT community. So this is the first thing, I think this is the direct connection and then the second thing is BTT used Tron Network to use transfer span the BTT token.”
And secondly, BTT has the ability to bring interest from the BitTorrent user base which includes millions of users.