Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

Is Tron (TRX) set for another breakout? - Global Coin Report
Connect with us


Is Tron (TRX) set for another breakout?




Tron is one of the best-performing cryptocurrency in the world of crypto, and this because it has taken charge of lots of projects in the past to help its platform and community, but all these haven’t helped or reflected on the token price. Now, many cryptocurrency enthusiasts believe that Tron (TRX) is poised for a breakout in the coming weeks. But how likely that speculation is to become real?

At the time of writing, TRX is priced at $0.022 after going up by 0.05% in the last 24 hours – hence, no significant change yet. Over the past few months this year, there has been a decline of more than 60% in Tron value, which is likely due to the overall performance of the crypto markets. But even after the launch of Tron’s MainNet, the price of TRX remains stagnant. That’s one thing that has pushed many to the dull-wall.

A TRON Breakout Forthcoming?

Technically, taking a look at its market charts, Tron is now in a falling wedge, but there are a number of changes in the charts which show a breakout may be coming up.

The falling wedge also indicates surge and dips which are bounded by trendlines, and we do know that this type of scenario forms a bullish trend at the upper part of the wedge. Additionally, the OBV indicator (On Balance Indicator) is showing a downtrend, and there is a high possibility that it may create a new trough.

As things stand right now, an upward price correction is evident, and we may see a price breakout on TRX/USD trades in the coming weeks. In fact, it seems, the reversal is already ongoing which is due to the activities of Bitcoin in the market.

It is necessary to know that Tron (TRX) is riding the wave of positive news around it. It looks like Tron is a getting a better share of attention after creating a better avenue, its Virtual Machine – a much better Virtual Machine than Etherum’s for Dapps developers to create and deploy their Dapps.

Even in a recent statement by the CEO of Tron, Justin Sun, he has asked Dapps developers not to install their Dapps on Ethereum’s network. There is no doubt that Tron has increased its pace and making sure it offers the best experience for Dapps.

Tron’s VM is drawing the attention of lots of developers today and as this interest increases so will its price.

Furthermore, Tron has now been listed on Bittrex and Binance, both of which are prominent cryptocurrency exchanges in the market today. Tron has also created another project for Dapps developers called SeedGerminator, which will help accelerate Dapps and its creators to produce technologies on Tron’s network.

Besides the technical analysis, the announcement of Tron’s Dapps and its listing on Bittrex among other things could see the price of TRX breakout in the next few weeks. Although, this forecast will solely depend on the market if it does not generally dip as it did lately. And yes, accounts on the Tron network surpassing 400K mark is a thing worth noting too.

Additionally, we shouldn’t forget that other recent project such as Project Atlas will also help TRX price surge in the coming days. The recent developments on Tron’s network seem to be promising, and we could be in for a breakout anytime soon.

Check out the Global Coin Report talk show as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

For the latest cryptocurrency news, join our Telegram!

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.

Photo by Vlad Shapochnikov on Unsplash


Top 4 Cryptocurrencies to Bet on in 2019



top 4 cryptocurrencies

The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

Continue Reading


2019 Will Be a Big Year for Luxcore




With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

Continue Reading


Can XRP Break Out of the Falling Wedge?




XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

Continue Reading