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IOTA Tron (TRX) Price Analysis – Building a Foundation of Support




As we have discussed at length, the crypto complex as a whole has been seeing a revival of sorts over the past several weeks. This is true in terms of sentiment, emotion, search prevalence, coin action, and relative positioning in the importance hierarchy of financial news.

For our purposes, we’re most interested in the technical action, because that’s where we see the purest signals.

As should be clear in our technical review of Tron (TRX) and IOTA below, we see some very interesting signals in play at the moment.


Price Analysis:

  • High: $1.04
  • Low: $0.98
  • Major Resistance Level: $1.25
  • Hourly MACD: Emerging Upside Momentum

    Chart courtesy of

IOTA has been a decisive laggard over the past two weeks. During a time when the majority of large market cap coins have moved up anywhere between 20-75%, IOTA has stayed flat or even declined.

This is certainly not what you want to see from a solid “phase 3 coin” candidate, but it doesn’t necessarily mean bad things are still to come.

While we haven’t seen explosive upside from IOTA, what we have seen is still compelling in its own right – the coin has twice more held key support at the all-important $0.90 level, which was built into place as an important level in early April.

The next step toward repairing this relative weakness situation would be a break back above the $1 level and above the mid-July highs where we see key resistance around $1.25.

Tron (TRX)

Price Analysis:

  • High: $0.03768
  • Low: $0.03715
  • Major Resistance Level: $0.040
  • Hourly MACD: Emerging Upward Momentum

    Chart courtesy of

Tron (TRX) continues to exhibit some extremely interesting signals, despite the fact that, like IOTA, it has been something of a relative weakness story over the past two weeks.

The range of support that is most interesting here is strongly defined by the coin’s mid-July lows at the $0.03 level.

We just saw a higher-low come into place for TRX to avoid a retest of that level this week, leading us to believe that a retest of the mid-July highs around the $0.045 level could be in the works.

That would represent a key bullish break above a major moving average and the possibility of generating a retest of what is clearly the primary resistance level this chart has dealt with over the past six months at the $0.055 level.

Above that, the sky could be the limit for TRX.

Happy Trading~

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Charts courtesy of


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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021



crypto billionaire

Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

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He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level




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Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

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These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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