The next crypto bull seems to underway after the price of Litecoin broke over the $100 mark yesterday. Since then, there has been a significant increase in the prices of digital currencies in the market. The price of Bitcoin (BTC) is currently skyrocketing and it has just tested a new yearly high. At the moment, Bitcoin (BTC) price is heading for the $9k level, after breaking over the $8,800 resistance. This quite amazing as BTC is now heading for Bitcoin price prediction 2019 of $10k.
TRON (TRX) Price Today – TRX / USD
Bitcoin (BTC) is not the only digital currency experiencing these gains, as the 11th largest digital currency by market cap – Tron (TRX) – is also riding along with the bulls. The price of Tron (TRX) is on a swift rally, thanks to the bullish Tron news today, Tron price prediction, the Tron community, and the recent Tron news by Justin Sun. The recent price action has got many digital asset investors talking. The trading volume of the digital currency over the past day has also increased significantly, this means more digital asset investors are increasing their TRX holdings.
Tron Price Surges By 18% after a Tweet by Justin Sun – Is TRX the Best Cryptocurrency to Invest in 2019 – How Far Can the Price of Tron Go?
The recent, massive upsurge in the price of Tron (TRX) has been attributed to the latest tweet by Justin Sun – the CEO of Tron (TRX) Foundation. While the digital currency market was experiencing a price rally, Justin Sun dropped a tweet on Twitter that left the speculators of Tron (TRX) feeling especially bullish. In the tweet, the founder and CEO of Tron said that he had “huge and amazing” news for BitTorrent Token and Tron (TRX). He said that he will give the community the full update at the beginning of next month.
— Justin Sun (@justinsuntron) May 26, 2019
The 26th of May, 2019, is one of the single most bullish days in the entire digital currency market this year. The valuation of the entire digital currency surged significantly and grew by more than $18 billion in just one day. The growth in the price of Tron (TRX) outperformed the growth in the price of Bitcoin (BTC) and the majority of altcoins in the market. This growth is mainly due to the inspiring and bullish Tron news by Justin Sun. After the tweet by the CEO, the price of Tron (TRX) surged by more than 16 percent in one day.
If this trend continues, then the short-term Tron price prediction might be in view. Sun is one of the most outspoken CEOs in the digital currency space. The CEO is always out there supporting the project and being bullish about the digital currency space. He is working towards mainstream adoption and he hopes to achieve this someday. At the moment, Tron looks good and it seems to be one of the best cryptocurrency to invest in 2019.
Tron Price Analysis – Tron Price Prediction – Tron News Today – Tron Price Forecast – TRX USD Live Price
At the press time, TRX USD price is deep in the green. The price of Tron (TRX) is currently supported at the $0.03200 level. On the upside, the digital currency is facing resistance at the $0.03300 mark. TRX USD live price is $0.032549 according to CoinMarketCap and the digital currency looks set to test new highs in the short-term.