Despite the SEC’s Interference, TRX Keeps Experiencing an Impressive Rally

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Despite the challenges faced by TRON from regulators like the United States Securities and Exchange Commission (SEC), TRX keeps experiencing an impressive rally in price. In fact, the subsequent revenues generated by TRON quarterly keep increasing without regard to the SEC’s lawsuit.

According to CoinMarketCap, the trading volume of TRX has increased far beyond 100% compared to last week. The impressive rally began following the release of TRX’s first-quarter report. As per Messari, a market intelligence company, the last few months have experienced a drastic increase in the activities on the TRON network.

Key Tron Levels To Watch – May 22

Despite the SEC’s Interference, TRX Keeps Experiencing an Impressive RallyTRXUSD is typically bullish on the daily chart. The $0.07320 resistance has been broken as the bulls invaded the market. The invasion occurred after an unimpressive rally below the $0.07320 resistance.

As indicated by the MA Cross, prices should remain bullish for a long time. The buy signal came in as the MA Period 18 crossed the MA Period 40 to the upside in April 2023. Similarly, the MACD indicator also shows that the market is in an uptrend as it keeps heading upward.

Tron Key Levels

Resistance Levels: $0.07320, $0.08870, $0.10780
Support Levels: $0.6550, $0.05440, $0.04970

Total Market Capitalization: $1.12T
TRX Market Capitalization: $7.12B
TRX Volume: $0.41B
Market Rank: #11

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *