TRON DEEP ANALYSIS [FUNDAMENTAL + TECHNICAL] - WITH ENTRY LEVEL

Tron (TRX), which is a $14 billion ICO, has surged remarkable 3,650% in one month. This was driven by some awesome marketing by Tron creator Justin Sun. He was also mentioned in Forbes' 30 under 30 in China and one of the 2017 Forbes "30 under 30" in Asia.
The other reason behind this crypto to climb is because of John McAfee, who had admired the crypto on Twitter. He has his 500,000 followers and after that tweet, the price of TRX surged from $0.04 to about $0.29, and the TRX made it to the list of top 10 cryptocurrencies.
Moreover TRX after getting topped at the $.27 on January 5th, had gradually started falling back at the $0.3 level. This is because of the plagiarism scandal related with its whitepaper.
Thuse, TRX, who was the best performer in the first quarter of 2018, plunged and experienced all the returns eroded. Other cryptos have also fallen due to lot of bad news, which includes the US regulation policy and Google’s announcement of banning cryptocurrencies related ads, hacking attacks on the exchanges.
moreover, cryptocurrency investors are also anxious about the upcoming G20 Summit during which world leaders could discuss their take on digital assets. The cryptocurrencies are falling further lower due to the expectation for stricter regulation.

Use of TRON
TRON creates distributed data storage, and in this system the content producers can directly access to TRX, which is the TRON coin paid by the users for the premium content. Further, through TRON high-quality contents can be created, thus the users can directly gain TRX rewards given by the system.
Plenty of New Features added to enhance stability
1 - March 31st, 2018 Exodus is expected to go live and TRON’s Main Net launch update, titled Exodus will have lot of new features. Exodus Main Net will make TRON a top contender for the best-performing currencies in the crypto market.
2 - TRON has planned to increase its scalability and bring it at par with the other scalable cryptocurrencies, by delivering 1000+ tx/s on the Exodus network. If TRON still continues to foray into the entertainment industry-disrupting technology, the number can reach up to 1000+ tx/s
3 - The transaction fee will be reduced to almost negligible. The TRX-based transactions on Exodus will require the transaction fee of only 0.0001 TRX in the process, which mean TRX is the least expensive cryptocurrency to use in terms of fees.
4 - TRON had exited from the Ethereum network onto its own platform for Exodus and has created a fresh space for the currency to exist
generally speaking TRON has made a platform for the success by the launch of Exodus, however large number of projects coming up to give tough competition. TRON is trying to differentiate itself from other major of copycat currencies and weak projects that are weakening the industry. So the investors want that TRX goes back to $0.20 from $0.03 and come back among the top 10 cryptocurrencies list.

TECHNICAL ANALYSIS

Due to the continuous of downtrend in cryptocurrency market, TRON also losing its volume and price & according to its 1 day chart it will likely to touch its measure support 230 – 250 satoshi in upcoming days and that will be the best time to buy bag of tron till the next uptrend in the cryptocurrency market.

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.