CandleFocus Tron (TRX) Is One of the ‘Strongest Altcoins Overall,’ Says Crypto Analyst – But There’s a Catch
2024-09-06
Author: Content Editor
The price of Tron (TRX), a layer-1 blockchain native token, has increased by over 20% in the past month, leading a cryptocurrency analyst to turn bullish on the coin. The analyst, known as Sherpa, notes that TRX has performed relatively well compared to other altcoins and has reached near all-time highs recorded in March 2021. However, Sherpa adds that TRX's chart currently looks bearish, and he expects a pullback in the short term. He suggests potential entry points at former weekly closes around $0.143 - $0.142 but advises caution and patience before buying TRX.
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