I talked about $TRX last week and said It can take advantage of that meme platform .
Price moving well since then and looking at the chart think it can do more.
I'll make another update on it tomorrow.
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CRYPTO MECHANIC
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$TRX Going up only because of the hype of their new memecoin Dex launch.
People are buying TRX to trade those memecoins.
TRX DEV is probably doing paid promotions and multiple tweets so that he can make people use the platform.
This move is purely because of that hype.
Technically it's sitting at the weekly resistance, it's the area that rejected the price last time.
i think a better trade opportunity will be once it holds above $0.1500 for a day or two. Or a possible pullback.
I am not sure how long this meme coin dex hype will last but Tron can take the advantage.
People are buying TRX to trade those memecoins.
TRX DEV is probably doing paid promotions and multiple tweets so that he can make people use the platform.
This move is purely because of that hype.
Technically it's sitting at the weekly resistance, it's the area that rejected the price last time.
i think a better trade opportunity will be once it holds above $0.1500 for a day or two. Or a possible pullback.
I am not sure how long this meme coin dex hype will last but Tron can take the advantage.
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TRX
0.1508
-2.14%
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