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  14. <description>Recent Tron News &#38; Tron (TRX) Price Updates</description>
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  31. <title>TRON (TRX) Breakout Looks Dicey With 50 EMA as Resistance!</title>
  32. <link>https://www.tronnews.news/tron-breakout-looks-dicey-with-50-ema-as-resistance/</link>
  33. <comments>https://www.tronnews.news/tron-breakout-looks-dicey-with-50-ema-as-resistance/#respond</comments>
  35. <dc:creator><![CDATA[Raul Morgan]]></dc:creator>
  36. <pubDate>Thu, 06 Oct 2022 09:19:53 +0000</pubDate>
  37. <category><![CDATA[Tron News]]></category>
  38. <guid isPermaLink="false">https://www.tronnews.news/?p=528</guid>
  39.  
  40. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2022/10/TRON-TRX-Breakout-Looks-Dicey-With-50-EMA-as-Resistance-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="TRON (TRX) Breakout Looks Dicey With 50 EMA as Resistance!" srcset="https://www.tronnews.news/wp-content/uploads/2022/10/TRON-TRX-Breakout-Looks-Dicey-With-50-EMA-as-Resistance-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2022/10/TRON-TRX-Breakout-Looks-Dicey-With-50-EMA-as-Resistance-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />TRON is a revolutionary product needed for an initiative towards the need for transition to Web 3.0 technologies. With the cryptocurrency, smart contracts, and dApps supporting the ecosystem, anyone can create their own dApp on the TRON blockchain and accept digital compensation for the services or content. Since the offered services allow anyone to privately [&#8230;]</p>
  41. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-breakout-looks-dicey-with-50-ema-as-resistance/">TRON (TRX) Breakout Looks Dicey With 50 EMA as Resistance!</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  42. ]]></description>
  43. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2022/10/TRON-TRX-Breakout-Looks-Dicey-With-50-EMA-as-Resistance-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="TRON (TRX) Breakout Looks Dicey With 50 EMA as Resistance!" srcset="https://www.tronnews.news/wp-content/uploads/2022/10/TRON-TRX-Breakout-Looks-Dicey-With-50-EMA-as-Resistance-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2022/10/TRON-TRX-Breakout-Looks-Dicey-With-50-EMA-as-Resistance-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" /><p><span style="font-weight: 400;">TRON is a revolutionary product needed for an initiative towards the need for transition to Web 3.0 technologies. With the cryptocurrency, smart contracts, and dApps supporting the ecosystem, anyone can create their own dApp on the TRON blockchain and accept digital compensation for the services or content.</span></p>
  44. <p><span style="font-weight: 400;">Since the offered services allow anyone to privately share their content without losing authority over them makes this blockchain a necessary tool to move towards Web 3. The market capitalization of TRX above $5 billion has helped it remain in the top 15 cryptocurrencies.</span></p>
  45. <p><span style="font-weight: 400;">TRON has retracted back to the 50 EMA curve after getting support from its previous low support of $0.0583. The uptrend potential for this cryptocurrency could be possible to sustain for the short term if TRX could breach the 100 EMA curve without generating a red candle.</span></p>
  46. <p><img class="aligncenter wp-image-529 size-full" src="https://www.tronnews.news/wp-content/uploads/2022/10/TRX-PRICE-CHART-1.png" alt="TRX PRICE CHART" width="1354" height="757" srcset="https://www.tronnews.news/wp-content/uploads/2022/10/TRX-PRICE-CHART-1.png 1354w, https://www.tronnews.news/wp-content/uploads/2022/10/TRX-PRICE-CHART-1-300x168.png 300w, https://www.tronnews.news/wp-content/uploads/2022/10/TRX-PRICE-CHART-1-1024x573.png 1024w, https://www.tronnews.news/wp-content/uploads/2022/10/TRX-PRICE-CHART-1-768x429.png 768w" sizes="(max-width: 1354px) 100vw, 1354px" /></p>
  47. <p><span style="font-weight: 400;">TRX price action has been rather positive compared to other cryptocurrencies, which have been far more volatile. Since TRON holders are on smaller losses, we haven’t yet witnessed any significant sell-offs. </span></p>
  48. <p><span style="font-weight: 400;">September has been a rather un-trending momentum, but October showcases the potential to test resistance levels and take TRX beyond the consolidation zone of the last few months. In terms of technical indicators, RSI has been more vocal about the increasing buying volumes seen in the previous week that took the bearings of RSI from the lows of 36 to the peaks of 55.</span></p>
  49. <p><span style="font-weight: 400;">Since September 26, 2022, the MACD indicator has also marked a bullish crossover, and in the resulting days of trading, TRX jumped decently. The consolidation of TRON cryptocurrency is expected as the moving averages will arrest the other trendline value for a short while before an aggressive buying action is capable of breaching the restraint.</span></p>
  50. <p><span style="font-weight: 400;">The second weekly candle of September 2022 formed to deviate from the bullish sentiment is yet to be engulfed by the bullish candle of October as prices need to jump to reach a status quo. Based on the current price action, both the RSI and MACD indicators can create bullish indications in the coming weeks. Till then, the price action can be expected to move slowly. </span></p>
  51. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-breakout-looks-dicey-with-50-ema-as-resistance/">TRON (TRX) Breakout Looks Dicey With 50 EMA as Resistance!</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  52. ]]></content:encoded>
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  55. <slash:comments>0</slash:comments>
  58. </item>
  59. <item>
  60. <title>Banxso: A Gateway to a Richer Life</title>
  61. <link>https://www.tronnews.news/banxso-a-gateway-to-a-richer-life/</link>
  62. <comments>https://www.tronnews.news/banxso-a-gateway-to-a-richer-life/#respond</comments>
  64. <dc:creator><![CDATA[Rebecca Carroll]]></dc:creator>
  65. <pubDate>Wed, 27 Apr 2022 07:20:22 +0000</pubDate>
  66. <category><![CDATA[Trade News]]></category>
  67. <guid isPermaLink="false">https://www.tronnews.news/?p=521</guid>
  68.  
  69. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2022/04/Banxso-A-Gateway-to-a-Richer-Life-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Banxso: A Gateway to a Richer Life" srcset="https://www.tronnews.news/wp-content/uploads/2022/04/Banxso-A-Gateway-to-a-Richer-Life-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2022/04/Banxso-A-Gateway-to-a-Richer-Life-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />Overview of Banxso Platform  In the world of online trading, Banxso gives the platform for easy transactions and free space to invest. As there are no hidden fees or commissions, investors and traders are attracted to Banxso. All other trading sites have commissions, but Banxso is different from others.  Why Invest With Banxso? Cryptocurrency, bonds, [&#8230;]</p>
  70. <p>The post <a rel="nofollow" href="https://www.tronnews.news/banxso-a-gateway-to-a-richer-life/">Banxso: A Gateway to a Richer Life</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  71. ]]></description>
  72. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2022/04/Banxso-A-Gateway-to-a-Richer-Life-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Banxso: A Gateway to a Richer Life" srcset="https://www.tronnews.news/wp-content/uploads/2022/04/Banxso-A-Gateway-to-a-Richer-Life-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2022/04/Banxso-A-Gateway-to-a-Richer-Life-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" /><h2><b>Overview of Banxso Platform </b></h2>
  73. <p><span style="font-weight: 400;">In the world of online trading, Banxso gives the platform for easy transactions and free space to invest. As there are no hidden fees or commissions, investors and traders are attracted to Banxso. All other trading sites have commissions, but Banxso is different from others. </span></p>
  74. <h2><b>Why Invest With Banxso?</b></h2>
  75. <p><span style="font-weight: 400;">Cryptocurrency, bonds, forex exchanges, stocks, <a href="https://banxso.com/products/commodities/soft-commodities/">trading soft commodities</a>, indices, etc., are all in one place, so investors don’t need to go to other platforms to manage their investments over multiple platforms.  Banxso gives its investors a safer space to develop a better security investment portfolio. They commit to the transparency and security of the investors and traders. </span></p>
  76. <p><span style="font-weight: 400;">The deposits are kept rightly in a sorted manner, and thus, the accounts for the same are also kept safe. Traders and investors, when starting trading, need assistance on how to deal with it. So, <a href="https://banxso.com/products/cryptocurrency/">banx crypto</a> assists traders so that they don’t feel that trading is hard. </span></p>
  77. <p><span style="font-weight: 400;">When the risk is involved, traders tend to think of it as gambling, but when understood properly, Banxso provides a trading platform where the risk factor is involved at a low level. They provide financial instruments on a single platform. Banxso’s data and technology help traders and investors to choose from many shares available to buy or sell and helps in building various trading portfolios. </span></p>
  78. <h2><b>How Can You Invest With Banxso?</b></h2>
  79. <p><span style="font-weight: 400;">When investors and traders try to invest through the site of Banxso, they educate traders as well. They provide a personal trading analyst to monitor the fluctuations of a trader. </span></p>
  80. <p><span style="font-weight: 400;">If a trader faces any problem, the instructors guide them, but if a trader is winning the profit, they inform you to make more deposits. This all happens because Banxso’s algorithm is set to become the trader&#8217;s analyst to guide from start to end. Also, they help their customers by keeping the stats up to date; they help them make financial decisions.</span></p>
  81. <p><span style="font-weight: 400;">They have developed the latest technology to keep up with other online platforms for financial trading. They also help in the in-depth views for traders to receive economic and geopolitical factors affecting financial markets. </span></p>
  82. <p><span style="font-weight: 400;">If traders and investors are much more invested in investing, then Banxso will help them to assist and predict their future market movements. Traders can benefit from the low spread and reliability and its implementation that helps increase the profitability of traders and investors. </span></p>
  83. <p><span style="font-weight: 400;">They also give up-to-date news and articles on what is happening in the financial world. Technical analysis is also in the control of investors and traders. </span></p>
  84. <p><span style="font-weight: 400;">So, if anything happens while trading online, they provide the backup of what has been invested by traders. To date, they don’t have any frauds regarding trading, so traders can wholly trust them while making the deposit. </span></p>
  85. <h2><b>Conclusion</b><span style="font-weight: 400;"> </span></h2>
  86. <p><span style="font-weight: 400;">Banxso is valuable and guaranteed to be very safe with traders’ money. Its investments are regularly supervised by its managers so that people investing with them can invest with trust and confidence. </span></p>
  87. <p><span style="font-weight: 400;">Thus, Banxso gives the platform for depositing specific amounts. Whether an investor or trader starts from the lowest or highest, they will get proper guidance to invest in various online trading sites.</span></p>
  88. <p>The post <a rel="nofollow" href="https://www.tronnews.news/banxso-a-gateway-to-a-richer-life/">Banxso: A Gateway to a Richer Life</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  89. ]]></content:encoded>
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  92. <slash:comments>0</slash:comments>
  95. </item>
  96. <item>
  97. <title>Tron Still Stuck In Polygon’s Shadow, Deserves More, Says Justin Sun</title>
  98. <link>https://www.tronnews.news/tron-still-stuck-in-polygons-shadow-deserves-more-says-justin-sun/</link>
  99. <comments>https://www.tronnews.news/tron-still-stuck-in-polygons-shadow-deserves-more-says-justin-sun/#respond</comments>
  101. <dc:creator><![CDATA[George Peralta]]></dc:creator>
  102. <pubDate>Wed, 18 Aug 2021 10:52:48 +0000</pubDate>
  103. <category><![CDATA[Cryptocurrency]]></category>
  104. <guid isPermaLink="false">https://www.tronnews.news/?p=509</guid>
  105.  
  106. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2021/08/Tron-Still-Stuck-In-Polygons-Shadow-Deserves-More-Says-Justin-Sun-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron Still Stuck In Polygon’s Shadow, Deserves More, Says Justin Sun" srcset="https://www.tronnews.news/wp-content/uploads/2021/08/Tron-Still-Stuck-In-Polygons-Shadow-Deserves-More-Says-Justin-Sun-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2021/08/Tron-Still-Stuck-In-Polygons-Shadow-Deserves-More-Says-Justin-Sun-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />Justin Sun is known for being open about his critique, and the Tron CEO proved why. Justin recently went on to talk about how despite the explosive growth of projects on Tron, it is overshadowed by Polygon. While the claim can render substantial effects, only a few known DeFi protocols on Tron have outperformed Polygon’s [&#8230;]</p>
  107. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-still-stuck-in-polygons-shadow-deserves-more-says-justin-sun/">Tron Still Stuck In Polygon’s Shadow, Deserves More, Says Justin Sun</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  108. ]]></description>
  109. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2021/08/Tron-Still-Stuck-In-Polygons-Shadow-Deserves-More-Says-Justin-Sun-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron Still Stuck In Polygon’s Shadow, Deserves More, Says Justin Sun" srcset="https://www.tronnews.news/wp-content/uploads/2021/08/Tron-Still-Stuck-In-Polygons-Shadow-Deserves-More-Says-Justin-Sun-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2021/08/Tron-Still-Stuck-In-Polygons-Shadow-Deserves-More-Says-Justin-Sun-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" /><p><span style="font-weight: 400;">Justin Sun is known for being open about his critique, and the Tron CEO proved why. Justin recently went on to talk about how despite the explosive growth of projects on Tron, it is overshadowed by Polygon.</span></p>
  110. <p><span style="font-weight: 400;">While the claim can render substantial effects, only a few known DeFi protocols on Tron have outperformed Polygon’s QiuckSwap and Ethereum-based SushiSwap. </span></p>
  111. <p><span style="font-weight: 400;">Justin added that the achievements did not occur overnight while talking to CoinDesk. He went on to state that growth on Tron has been low-key compared to protocols like Polygon, a layer-2 solution built on Ethereum. </span></p>
  112. <p><span style="font-weight: 400;">Tron has always been bigger than Polygon; however, many underestimate the protocol. Justin did not show any metrics backing his statement or showing how Tron is bigger than Polygon. He merely added, after all, the Polygon network has garnered high exposure while Tron is still relatively low-key. But being low-key does not mean Tron has not been performing well.</span></p>
  113. <p><span style="font-weight: 400;">While Justin claims Tron to be bigger than Polygon, the protocol is not beating Polygon in terms of TVL. As per DeFiLlama, Polygon currently boasts over 7.73 billion dollars in TVL. On the other hand, Tron holds around 6 billion dollars in total value locked.</span></p>
  114. <p><span style="font-weight: 400;">Justin made sure to let the market know that Tron surpassed 8 billion dollars in TVL back in March. Comparatively, Polygon took off in May and June, reaching over 11 billion dollars in TVL from its 1 billion dollar value in April.</span></p>
  115. <p><span style="font-weight: 400;">However, Justin is not off on every aspect as Tron seems to be doing well in terms of user acquisition. DappRadar shows that JustSwap on Tron is attracting more users on QuickSwap on Polygon. The 30-day period ending on July 19th showed JustSwap gaining 200,000 unique users. The figure means growth of 200%, while QuickSwap on Polygon merely added 1% in user acquisition.</span></p>
  116. <p><span style="font-weight: 400;">Tron is primarily driven by stablecoins, and given its growth in 2021, the protocol might have a dominating future.</span></p>
  117. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-still-stuck-in-polygons-shadow-deserves-more-says-justin-sun/">Tron Still Stuck In Polygon’s Shadow, Deserves More, Says Justin Sun</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  118. ]]></content:encoded>
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  121. <slash:comments>0</slash:comments>
  124. </item>
  125. <item>
  126. <title>What Is TRON and How Does It Work?</title>
  127. <link>https://www.tronnews.news/what-is-tron-and-how-does-it-work/</link>
  128. <comments>https://www.tronnews.news/what-is-tron-and-how-does-it-work/#respond</comments>
  130. <dc:creator><![CDATA[Cheryl Busch]]></dc:creator>
  131. <pubDate>Thu, 31 Dec 2020 11:30:37 +0000</pubDate>
  132. <category><![CDATA[Tron News]]></category>
  133. <guid isPermaLink="false">https://www.tronnews.news/?p=479</guid>
  134.  
  135. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/12/TRON-TRX-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="TRON (TRX)" srcset="https://www.tronnews.news/wp-content/uploads/2020/12/TRON-TRX-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/12/TRON-TRX-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />TRON is one of the largest blockchain-based operating systems known for decentralizing the web at scale. The project started way back in 2017 by Justin Sun with the purpose of creating a platform that gives digital content creators full control over ownership, distribution, and revenue of their content, and its platform enables developers to develop [&#8230;]</p>
  136. <p>The post <a rel="nofollow" href="https://www.tronnews.news/what-is-tron-and-how-does-it-work/">What Is TRON and How Does It Work?</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  137. ]]></description>
  138. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/12/TRON-TRX-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="TRON (TRX)" srcset="https://www.tronnews.news/wp-content/uploads/2020/12/TRON-TRX-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/12/TRON-TRX-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" /><p><span style="font-weight: 400">TRON is one of the largest blockchain-based operating systems known for decentralizing the web at scale. The project started way back in 2017 by Justin Sun with the purpose of creating a platform that gives digital content creators full control over ownership, distribution, and revenue of their content, and its platform enables developers to develop decentralized applications (dApps) by utilizing smart contracts.</span></p>
  139. <p><span style="font-weight: 400">TRON’s aim to build infrastructure for a decentralized Internet has paved the way for creating, storing, and sharing digital content over the blockchain network. By allowing creators to manage the network, TRON eliminates the need for any third-party content provider between creator and consumer.</span></p>
  140. <p><span style="font-weight: 400">TRON’s native cryptocurrency is Tronix (TRX); according to </span><strong><a href="https://www.cryptonewsz.com/tag/tron/">Tron News</a></strong><span style="font-weight: 400">, it is available for purchase on many crypto exchanges, like Binance, Gate.io, and Kucoin. Like any other cryptocurrency, TRX can be purchased using other cryptocurrencies.</span></p>
  141. <p><span style="font-weight: 400">The much-improved transactions per second at the network helped it achieve higher throughput than BTC and ETH. With its cryptographic approach toward digital content sharing, TRON has gained traction in the crypto community in such a short time.</span></p>
  142. <h2><b>How Does TRON Work?</b></h2>
  143. <p><span style="font-weight: 400">The TRON network works on the account model. Under this model, all digital content created on the blockchain network is protected by cryptographic keys. These keys allow TRX to be accessed by creators and consumers only.</span></p>
  144. <p><span style="font-weight: 400">Since creators can publish and store content on TRON’s network themselves, there is no central authority to control data. Consumers can use TRX to pay the creator directly for using their content. Creators enjoy all the profits and can exchange these TRX tokens for other cryptocurrencies.</span></p>
  145. <p><span style="font-weight: 400">Unlike other social media companies and on-demand digital content providers, TRON itself does not monetize data hosted on its network. Rather, the platform uses the blockchain and peer-to-peer (P2P) network technology to create an ecosystem where the creation and sharing of content are rewarded by those who consume it.</span></p>
  146. <p><span style="font-weight: 400">The TRON network is secured by a Delegated-Proof-of-Stake (</span><a href="https://en.bitcoinwiki.org/wiki/DPoS" rel="nofollow"><span style="font-weight: 400">DPoS</span></a><span style="font-weight: 400">) consensus mechanism, which comprises a group of twenty-seven “Super Representatives.” All the transactions are recorded on a blockchain ledger by these “Super Representatives” that change every six hours.</span></p>
  147. <p><span style="font-weight: 400">Every time a representative creates a block on the network at the interval of three seconds, they’re rewarded 32 TRX and can claim these coins by staking them on the TRON network. Like many blockchain networks, TRON users can earn rewards by locking up funds and trading them when the funds are withdrawn from the TRON network. This happens when a user locks an amount of TRX in an account on the TRON network and receives One TRON Power for One TRX locked. It prevents the trading of TRX and other assets on the TRON network.</span></p>
  148. <h2><b>Is TRON Real Money?</b></h2>
  149. <p><span style="font-weight: 400">TRON is more than a cryptocurrency, for it allows creators to get paid for their content while retaining complete ownership of the data. Apart from acting as a token for accessing various TRON features, TRX functions as a virtual currency. For this reason, you can use TRON as an investment tool or for trading for digital or fiat currencies on crypto exchanges.</span></p>
  150. <h2><b>What Are the Benefits of TRON?</b></h2>
  151. <ol>
  152. <li style="font-weight: 400"><b>Decentralized Content Distribution Platform:</b><span style="font-weight: 400"> Creators can produce and distribute their content for free on the network.</span></li>
  153. <li style="font-weight: 400"><b>Content Privacy: </b><span style="font-weight: 400">The content produced on the platform is</span> <span style="font-weight: 400">secured and is shared only with those who want to consume it.</span></li>
  154. <li style="font-weight: 400"><b>No Middlemen: </b><span style="font-weight: 400">The liberty of directly</span> <span style="font-weight: 400">sharing the content with the consumers eliminates middlemen in the process.</span></li>
  155. <li style="font-weight: 400"><b>Development of dApps: </b><span style="font-weight: 400">TRON facilitates the development of dApps on its network. Creators can host their content on the dApps and earn digital assets for their efforts.</span></li>
  156. <li style="font-weight: 400"><b>Seamless and</b> <b>Free of Cost Transactions:</b><span style="font-weight: 400"> Every transaction occurring on the TRON network is blazing fast (2000 per second).</span></li>
  157. <li style="font-weight: 400"><b>Helps Creators: </b><span style="font-weight: 400">No middlemen mean consumers can directly interact with the creators and pay them in TRX for consuming their content. Not only does this end any possibility of profit-sharing, but creators can keep all the profits.</span></li>
  158. </ol>
  159. <h2><b>Final Words</b></h2>
  160. <p><span style="font-weight: 400">Even though the network has been at the center of criticism for not living up to its claims of innovation and using existing technologies like decentralized applications, smart contracts, and DPoS, the whole notion of creating a distributed web using blockchain helped TRON excel in the blockchain space.</span></p>
  161. <p><span style="font-weight: 400">TRON’s network structure is best suited for digital media and entertainment purposes. Be its distributed storage technology or rewards system, TRON has become an excellent resource for developing content and an ideal source of passive income for creators. Besides, they can create content and interact with dApps on the network as well. The ultra-fast transaction speed, scalability, and intrinsic value make TRX an exciting asset for investment and trading. </span></p>
  162. <p><span style="font-weight: 400">Overall, TRON is the future of how content will be distributed over the Internet. And with the growing popularity of digital content creation, especially on social media, TRON’s ecosystem of wallets, coins, trading platforms, and dApps will go a long way in truly decentralizing the web. If you are more interested in Tron (TRX) then stay tuned with us. Here you will get latest TRX news, live prices, and </span><a href="https://www.cryptonewsz.com/forecast/tron-price-prediction/"><span style="font-weight: 400"><strong>Tron Price Prediction</strong></span></a><span style="font-weight: 400"> by experts.</span></p>
  163. <p>The post <a rel="nofollow" href="https://www.tronnews.news/what-is-tron-and-how-does-it-work/">What Is TRON and How Does It Work?</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  164. ]]></content:encoded>
  166. <wfw:commentRss>https://www.tronnews.news/what-is-tron-and-how-does-it-work/feed/</wfw:commentRss>
  167. <slash:comments>0</slash:comments>
  170. </item>
  171. <item>
  172. <title>TRON Reclaims Its Lost Trading Area After a Steady Blow of Momentum</title>
  173. <link>https://www.tronnews.news/tron-reclaims-its-lost-trading-area-after-a-steady-blow-of-momentum/</link>
  174. <comments>https://www.tronnews.news/tron-reclaims-its-lost-trading-area-after-a-steady-blow-of-momentum/#respond</comments>
  176. <dc:creator><![CDATA[Raul Morgan]]></dc:creator>
  177. <pubDate>Thu, 04 Jun 2020 09:57:00 +0000</pubDate>
  178. <category><![CDATA[Tron News]]></category>
  179. <guid isPermaLink="false">https://www.tronnews.news/?p=270</guid>
  180.  
  181. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-11-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-11-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-11-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />TRON, at the time of writing this article, was trading at $0.01707 and has retained support from 50-day and 200-day MA. However, it has been quite commendable the way TRX coin has recovered from the latest market crash that happened in the recent past wherein the coin retested support at $0.01516. Within just 2 days, [&#8230;]</p>
  182. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-reclaims-its-lost-trading-area-after-a-steady-blow-of-momentum/">TRON Reclaims Its Lost Trading Area After a Steady Blow of Momentum</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  183. ]]></description>
  184. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-11-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-11-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-11-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />
  185. <p>TRON, at the time of writing this article, was trading at
  186. $0.01707 and has retained support from 50-day and 200-day MA. However, it has
  187. been quite commendable the way TRX coin has recovered from the latest market
  188. crash that happened in the recent past wherein the coin retested support at
  189. $0.01516. Within just 2 days, the price of TRON has reclaimed above $0.017,
  190. which helped regained daily support thereby.</p>
  191.  
  192.  
  193.  
  194. <p>Fortunately, <a href="https://www.namecoinnews.com/news/tron-news/">TRON</a> is amongst those
  195. coins that have experienced an accelerated growth after the recent crash on the
  196. daily chart. The 20-day Bollinger Bands are seen slowly widening which and the
  197. price trend of TRX is already hitting the upper band, which shows amazing
  198. intraday recovery and also projects moderate volatility in the upcoming days.
  199. More importantly, TRON has already restored its trading range from where it
  200. started reading at the onset of 2020, despite the economic standstill due to
  201. Coronavirus.</p>
  202.  
  203.  
  204.  
  205. <figure class="wp-block-image"><a href="https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1.jpg"><img width="1265" height="558" src="https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1.jpg" alt="Tron (TRX) Price News" class="wp-image-272" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1.jpg 1265w, https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1-300x132.jpg 300w, https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1-768x339.jpg 768w, https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1-1024x452.jpg 1024w" sizes="(max-width: 1265px) 100vw, 1265px" /></a></figure>
  206.  
  207.  
  208.  
  209. <p>On the daily chart, TRX/USD is drawing a subtle yet notable
  210. uptrend and has also breached the flattish momentum after persistently trading
  211. above $0.0145. However, the major support to watch out for lies amidst the
  212. price range of $0.0145 to $0.0165, and the MACD is appearing flat due to lack
  213. of steady momentum. But, due to intraday recovery, the RSI of TRX coin is
  214. already hitting around the overbought zone due to intraday rebound and recovery
  215. at 61.73.</p>
  216. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-reclaims-its-lost-trading-area-after-a-steady-blow-of-momentum/">TRON Reclaims Its Lost Trading Area After a Steady Blow of Momentum</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  217. ]]></content:encoded>
  219. <wfw:commentRss>https://www.tronnews.news/tron-reclaims-its-lost-trading-area-after-a-steady-blow-of-momentum/feed/</wfw:commentRss>
  220. <slash:comments>0</slash:comments>
  223. </item>
  224. <item>
  225. <title>TRON May Beat the Bears Efficiently; Executes Partial Recovery</title>
  226. <link>https://www.tronnews.news/tron-may-beat-the-bears-efficiently-executes-partial-recovery/</link>
  227. <comments>https://www.tronnews.news/tron-may-beat-the-bears-efficiently-executes-partial-recovery/#respond</comments>
  229. <dc:creator><![CDATA[Cheryl Busch]]></dc:creator>
  230. <pubDate>Wed, 03 Jun 2020 12:55:14 +0000</pubDate>
  231. <category><![CDATA[Tron News]]></category>
  232. <guid isPermaLink="false">https://www.tronnews.news/?p=266</guid>
  233.  
  234. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-14-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-14-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-14-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />The crypto market, since March this year, keeps meeting monstrous hurdles on its way to upside rally. It was just yesterday when BTC coin made a few strides above $10,000, taking the market significantly up, and to the shock of many, it has seen a noticeable collapse today.&#160; TRX coin reflected a sharp pullback yesterday [&#8230;]</p>
  235. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-may-beat-the-bears-efficiently-executes-partial-recovery/">TRON May Beat the Bears Efficiently; Executes Partial Recovery</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  236. ]]></description>
  237. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-14-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-14-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-14-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />
  238. <p>The crypto market, since March this
  239. year, keeps meeting monstrous hurdles on its way to upside rally. It was just
  240. yesterday when BTC coin made a few strides above $10,000, taking the market
  241. significantly up, and to the shock of many, it has seen a noticeable collapse
  242. today.&nbsp;</p>
  243.  
  244.  
  245.  
  246. <p>TRX coin reflected a sharp pullback yesterday as the market took a sudden bearish turn. This has caused the coin to washout its one-week gains. <a href="https://www.namecoinnews.com/news/tron-news/">TRON</a> price was trading above $0.0170 since opening, and it escalated to trade above $0.0175, but it saw rejection at $0.0173.</p>
  247.  
  248.  
  249.  
  250. <div class="wp-block-image"><figure class="aligncenter"><a href="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1.jpg"><img width="1507" height="680" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1.jpg" alt="Tron (TRX) Price News" class="wp-image-267" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1.jpg 1507w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1-300x135.jpg 300w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1-768x347.jpg 768w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1-1024x462.jpg 1024w" sizes="(max-width: 1507px) 100vw, 1507px" /></a></figure></div>
  251.  
  252.  
  253.  
  254. <p>The currency is now attempting to step
  255. out of the bearish zone proactively. TRX’s aggressive yet steady recovery has
  256. taken the price above $0.0164, where it is testing resistance. The 8.85% of
  257. price decline made TRON coin to find a support level at $0.0158.&nbsp;</p>
  258.  
  259.  
  260.  
  261. <p>Right now, the TRX price is trading
  262. above the 38.20% fib level with an approach to recover. The currency may face
  263. resistance at $0.0170 before it reclaims a $0.0175 price level. It is to be
  264. seen when the full recovery takes place.</p>
  265.  
  266.  
  267.  
  268. <p>TRON is holding bullish technicals for
  269. now, except for the simple moving averages. The coin is slightly above the
  270. 200-day EMA line with a positively moving MACD indicator.</p>
  271. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-may-beat-the-bears-efficiently-executes-partial-recovery/">TRON May Beat the Bears Efficiently; Executes Partial Recovery</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  272. ]]></content:encoded>
  274. <wfw:commentRss>https://www.tronnews.news/tron-may-beat-the-bears-efficiently-executes-partial-recovery/feed/</wfw:commentRss>
  275. <slash:comments>0</slash:comments>
  278. </item>
  279. <item>
  280. <title>TRON (TRX) Price Consolidates After a Humongous Surge</title>
  281. <link>https://www.tronnews.news/tron-trx-price-consolidates-after-a-humongous-surge/</link>
  282. <comments>https://www.tronnews.news/tron-trx-price-consolidates-after-a-humongous-surge/#respond</comments>
  284. <dc:creator><![CDATA[Raul Morgan]]></dc:creator>
  285. <pubDate>Tue, 02 Jun 2020 12:21:27 +0000</pubDate>
  286. <category><![CDATA[Tron News]]></category>
  287. <guid isPermaLink="false">https://www.tronnews.news/?p=262</guid>
  288.  
  289. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-22-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-22-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-22-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />All the crypto coins, in the last couple of days, have seen substantial progress amid the prolonged volatility. This is largely due to Bitcoin’s recent strides above $10,000. Apparently, the other altcoins are racing to match up with the market bulls. Bitcoin’s surge above $10k is likely to unlock the bulls in the market, each [&#8230;]</p>
  290. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-trx-price-consolidates-after-a-humongous-surge/">TRON (TRX) Price Consolidates After a Humongous Surge</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  291. ]]></description>
  292. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-22-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-22-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-22-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />
  293. <p>All the crypto coins, in the last couple of days,
  294. have seen substantial progress amid the prolonged volatility. This is largely
  295. due to Bitcoin’s recent strides above $10,000. Apparently, the other altcoins
  296. are racing to match up with the market bulls.</p>
  297.  
  298.  
  299.  
  300. <p>Bitcoin’s surge above $10k is likely to unlock the
  301. bulls in the market, each time when BTC has rallied above $10,000, the crypto
  302. community has embraced the crypto space even more warmly.&nbsp;</p>
  303.  
  304.  
  305.  
  306. <p><a href="https://www.namecoinnews.com/news/tron-news/">TRON</a>,
  307. too has reflected the bullish impact on its price trend. The coin has left its
  308. range-bound nature behind as it tests resistance above $0.017. TRX, which was
  309. actively working on its fundamentals while the market was sluggish due to
  310. coronavirus impact, is now fetching some enviable results.</p>
  311.  
  312.  
  313.  
  314. <div class="wp-block-image"><figure class="aligncenter"><a href="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart.jpg"><img width="1507" height="680" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart.jpg" alt="Tron (TRX) Price News" class="wp-image-263" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart.jpg 1507w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-300x135.jpg 300w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-768x347.jpg 768w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-Price-Chart-1024x462.jpg 1024w" sizes="(max-width: 1507px) 100vw, 1507px" /></a></figure></div>
  315.  
  316.  
  317.  
  318. <p>TRX price has been gradually climbing up since
  319. yesterday; the altcoin has formed higher highs at $0.0161 and $0.0170. The
  320. rising trendline which has taken place overnight has seen a pause as the coin
  321. starts to consolidates.&nbsp;</p>
  322.  
  323.  
  324.  
  325. <p>Currently, the TRON coin is testing resistance at
  326. $0.172 with quite a bullish bias. However, the 8.89% price rise has halted, and
  327. now it is to be seen when it resumes with equal intensity. Right now, the coin
  328. holds a totally bullish technical indicator; the MACD indicator is in the
  329. positive zone while the moving averages are continuing in the same manner after
  330. the bullish crossover.&nbsp;</p>
  331. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-trx-price-consolidates-after-a-humongous-surge/">TRON (TRX) Price Consolidates After a Humongous Surge</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  332. ]]></content:encoded>
  334. <wfw:commentRss>https://www.tronnews.news/tron-trx-price-consolidates-after-a-humongous-surge/feed/</wfw:commentRss>
  335. <slash:comments>0</slash:comments>
  338. </item>
  339. <item>
  340. <title>Tron (TRX) Starts the Month on Slightly Positive Note</title>
  341. <link>https://www.tronnews.news/tron-trx-starts-the-month-on-slightly-positive-note/</link>
  342. <comments>https://www.tronnews.news/tron-trx-starts-the-month-on-slightly-positive-note/#respond</comments>
  344. <dc:creator><![CDATA[Cheryl Busch]]></dc:creator>
  345. <pubDate>Mon, 01 Jun 2020 11:13:46 +0000</pubDate>
  346. <category><![CDATA[Tron News]]></category>
  347. <guid isPermaLink="false">https://www.tronnews.news/?p=258</guid>
  348.  
  349. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-20-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-20-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-20-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />The crypto believers can expect some sort of price movements at least for the short term as the market has started witnessing mild uptrend. The market was busy carrying out correcting spree when the previous month ended. This month and the week have kick-started with a strong upside move noting a positive sign. However, it [&#8230;]</p>
  350. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-trx-starts-the-month-on-slightly-positive-note/">Tron (TRX) Starts the Month on Slightly Positive Note</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  351. ]]></description>
  352. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-20-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/Tron-20-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/06/Tron-20-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />
  353. <p>The crypto believers can expect some
  354. sort of price movements at least for the short term as the market has started
  355. witnessing mild uptrend. The market was busy carrying out correcting spree when
  356. the previous month ended. This month and the week have kick-started with a
  357. strong upside move noting a positive sign.</p>
  358.  
  359.  
  360.  
  361. <p>However, it is to be seen how long the
  362. uptrend remains effective as in the last few months, and the market is going
  363. through many difficulties. Firstly, Coronavirus threw the market in the bearish
  364. zone, and later uncertainty overpowered a majority of the coins’
  365. strength.&nbsp;</p>
  366.  
  367.  
  368.  
  369. <div class="wp-block-image"><figure class="aligncenter"><a href="https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart.jpg"><img width="1507" height="680" src="https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart.jpg" alt="Tron (TRX) Price News" class="wp-image-260" srcset="https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart.jpg 1507w, https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-300x135.jpg 300w, https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-768x347.jpg 768w, https://www.tronnews.news/wp-content/uploads/2020/06/TRX-Price-Chart-1024x462.jpg 1024w" sizes="(max-width: 1507px) 100vw, 1507px" /></a></figure></div>
  370.  
  371.  
  372.  
  373. <p><a href="https://www.namecoinnews.com/news/tron-news/">Tron</a>,
  374. the famous altcoin too, is not an exception when it comes to market volatility
  375. despite having a hold over the strong fundamental aspect. The last one week has
  376. been impressively bullish for the TRX coin as it stepped out of the sluggish
  377. area. The bullish breakout ushered the price above $0.017, with a rise of
  378. 14.19%.</p>
  379.  
  380.  
  381.  
  382. <p>Over the last 24 hours, the Tron coin
  383. has been through gradual pullbacks, which took the price as low as $0.015.
  384. Today&#8217;s bullish approach has caused the TRX price to climb above $0.16.&nbsp;</p>
  385.  
  386.  
  387.  
  388. <p>The technical indicators are showing an
  389. optimistic picture here. The current price of Tron is above the 200-day EMA
  390. line, while the MACD indicator too is on the upside.&nbsp;</p>
  391. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-trx-starts-the-month-on-slightly-positive-note/">Tron (TRX) Starts the Month on Slightly Positive Note</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  392. ]]></content:encoded>
  394. <wfw:commentRss>https://www.tronnews.news/tron-trx-starts-the-month-on-slightly-positive-note/feed/</wfw:commentRss>
  395. <slash:comments>0</slash:comments>
  398. </item>
  399. <item>
  400. <title>Tron Exhibits Bullish Short Term; Long-term Remains Sluggish</title>
  401. <link>https://www.tronnews.news/tron-exhibits-bullish-short-term-long-term-remains-sluggish/</link>
  402. <comments>https://www.tronnews.news/tron-exhibits-bullish-short-term-long-term-remains-sluggish/#respond</comments>
  404. <dc:creator><![CDATA[Raul Morgan]]></dc:creator>
  405. <pubDate>Fri, 29 May 2020 12:55:17 +0000</pubDate>
  406. <category><![CDATA[Tron News]]></category>
  407. <guid isPermaLink="false">https://www.tronnews.news/?p=253</guid>
  408.  
  409. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-24-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-24-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/05/Tron-24-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />TRON (TRX), the altcoin, had successfully made its mark in the market since its inception as a reliable and rapidly growing crypto coin. In the last few months, all the coins have frequently been becoming victim to heavy berries blows, and TRX is no more an exception. In fact, being one of the most popular [&#8230;]</p>
  410. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-exhibits-bullish-short-term-long-term-remains-sluggish/">Tron Exhibits Bullish Short Term; Long-term Remains Sluggish</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  411. ]]></description>
  412. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-24-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-24-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/05/Tron-24-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />
  413. <p>TRON (TRX), the altcoin,
  414. had successfully made its mark in the market since its inception as a reliable
  415. and rapidly growing crypto coin. In the last few months, all the coins have frequently
  416. been becoming victim to heavy berries blows, and TRX is no more an exception.</p>
  417.  
  418.  
  419.  
  420. <p>In fact, being one of
  421. the most popular altcoins, Tron has shown the utmost strength against bears
  422. while maintaining a safe distance with crucial support levels. However, a few
  423. dips below the threshold levels have occurred here and there.</p>
  424.  
  425.  
  426.  
  427. <p>While the monthly
  428. price path of the coin seems bearish, the one-day price trend shows some
  429. positive signs with a faded bullish bias. While Bitcoin is trying to see some
  430. breakouts above $9500, Tron is testing support at $0.0149.&nbsp;</p>
  431.  
  432.  
  433.  
  434. <div class="wp-block-image"><figure class="aligncenter"><a href="https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1.jpg"><img width="1507" height="680" src="https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1.jpg" alt="Tron (TRX) Price News" class="wp-image-254" srcset="https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1.jpg 1507w, https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1-300x135.jpg 300w, https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1-768x347.jpg 768w, https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1-1024x462.jpg 1024w" sizes="(max-width: 1507px) 100vw, 1507px" /></a></figure></div>
  435.  
  436.  
  437.  
  438. <p>Today seems all about
  439. correction, and on the other hand, yesterday went on quite a bullish note. The TRX
  440. price rose from $0.0145&nbsp;to hit the price mark at $0.0153. Here, the price
  441. escalation was 5.61%. Right now, TRON price is approaching 61.80% fib level
  442. with a bit of bearish vibe in it. The currency may find a support level to halt
  443. its downward rally.&nbsp;</p>
  444.  
  445.  
  446.  
  447. <p>All the technical
  448. indicators are in the negative zone, while the TRX coin is about to cross the
  449. 200-Day EMA line with a bearish bias. The MACD indicator is on the downside
  450. with its MACD line on the downside.&nbsp;</p>
  451. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-exhibits-bullish-short-term-long-term-remains-sluggish/">Tron Exhibits Bullish Short Term; Long-term Remains Sluggish</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  452. ]]></content:encoded>
  454. <wfw:commentRss>https://www.tronnews.news/tron-exhibits-bullish-short-term-long-term-remains-sluggish/feed/</wfw:commentRss>
  455. <slash:comments>0</slash:comments>
  458. </item>
  459. <item>
  460. <title>TRON (TRX) Lacks Intraday Momentum and Trades Around 38.20% Fib Level</title>
  461. <link>https://www.tronnews.news/tron-trx-lacks-intraday-momentum-and-trades-around-38-20-fib-level/</link>
  462. <comments>https://www.tronnews.news/tron-trx-lacks-intraday-momentum-and-trades-around-38-20-fib-level/#respond</comments>
  464. <dc:creator><![CDATA[Cheryl Busch]]></dc:creator>
  465. <pubDate>Wed, 27 May 2020 14:11:28 +0000</pubDate>
  466. <category><![CDATA[Tron News]]></category>
  467. <guid isPermaLink="false">https://www.tronnews.news/?p=248</guid>
  468.  
  469. <description><![CDATA[<p><img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-12-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-12-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/05/Tron-12-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />TRON, at the time of penning down this analysis, was trading at 0.0149 and was holding a flattish momentum against the US Dollar. TRX/USD is facing a strict resistance around 0.0178 over the past one month now. After a gradual uptrend from the YTD low of $0.00650, TRX coin price gained gradual momentum to draw [&#8230;]</p>
  470. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-trx-lacks-intraday-momentum-and-trades-around-38-20-fib-level/">TRON (TRX) Lacks Intraday Momentum and Trades Around 38.20% Fib Level</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  471. ]]></description>
  472. <content:encoded><![CDATA[<img width="150" height="150" src="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-12-150x150.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="Tron (TRX) News" srcset="https://www.tronnews.news/wp-content/uploads/2020/05/Tron-12-150x150.jpg 150w, https://www.tronnews.news/wp-content/uploads/2020/05/Tron-12-80x80.jpg 80w" sizes="(max-width: 150px) 100vw, 150px" />
  473. <p>TRON, at the time of penning down this analysis, was trading
  474. at 0.0149 and was holding a flattish momentum against the US Dollar. TRX/USD is
  475. facing a strict resistance around 0.0178 over the past one month now. After a
  476. gradual uptrend from the YTD low of $0.00650, TRX coin price gained gradual
  477. momentum to draw a fine uptrend until the start of the ongoing month. </p>
  478.  
  479.  
  480.  
  481. <p>However, the price trend of TRX coin currently appears flat
  482. and has been lacking steady momentum resulting into lack of support from
  483. 200-day MA while retaining slight support from a 50-day MA around 0.0144 price
  484. area on the daily chart.</p>
  485.  
  486.  
  487.  
  488. <div class="wp-block-image"><figure class="aligncenter"><a href="https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart.jpg"><img width="1264" height="511" src="https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart.jpg" alt="Tron (TRX) Price News" class="wp-image-250" srcset="https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart.jpg 1264w, https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-300x121.jpg 300w, https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-768x310.jpg 768w, https://www.tronnews.news/wp-content/uploads/2020/05/TRX-Price-Chart-1024x414.jpg 1024w" sizes="(max-width: 1264px) 100vw, 1264px" /></a></figure></div>
  489.  
  490.  
  491.  
  492. <p>Moreover, on the daily chart, Tron coin has hit the YTD
  493. highest at 0.0272 against the greenback just before the market crash in Feb
  494. 2020. Aligned to the current lack of momentum, the market is shifted sideways
  495. as Bitcoin’s recovery is also curbed, and the TRX coin is seen oscillating in a
  496. narrow range wherein it retested support below $8700. However, BTC has again
  497. shifted above $9k in the intraday, and the altcoins are likely to gain the lost
  498. traction as well.</p>
  499.  
  500.  
  501.  
  502. <p>The technicals are highlighting flattish trend and lack of
  503. momentum as the MACD and signal line have turned flat and hold bearish
  504. divergence on the daily chart, and the RSI of Tron is at 50.99, withholds no
  505. extremities at present.</p>
  506. <p>The post <a rel="nofollow" href="https://www.tronnews.news/tron-trx-lacks-intraday-momentum-and-trades-around-38-20-fib-level/">TRON (TRX) Lacks Intraday Momentum and Trades Around 38.20% Fib Level</a> appeared first on <a rel="nofollow" href="https://www.tronnews.news">TronNews</a>.</p>
  507. ]]></content:encoded>
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  510. <slash:comments>0</slash:comments>
  513. </item>
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