TRON and EOS continue their recent increase. After a fruitful 72 hours of greening everything, the markets seem to be on consolation in the current price movement. No dramatic movements have been seen on average at the last 24 hours.
With Bitcoin, TRON and EOS will increase in long term
Many analysts say Bitcoin's crossing resistance at $ 9,200 could cut prices by 30% in short spans before entering $ 11,800. According to these analysts, it's an open road with little resistance throughout the process
The Sentiment Analysis segment was born from community requests to shed light on the current market sentiment of certain crypto money. In this segment, we present a small portion of current market commentary from TRON and EOS, from investors, skeptics, influencers, developers and beginners.
TRON (TRX) price analysis
TRON is trading at a level of $ 0.05 with a market volume of $ 3.5 billion, witnessing a 27% increase over the past week and a 2% increase over the past 24 hours.
TRON made good news that last week the Blockchain network was on the market. Later, however, he gave a press release about the transfer of the TRX and ERC20 tokens, stating the exact date for it. The market is preparing to make TRON airdrop, the world's 13th largest cryptographic currency in terms of volume. Ethereum founder Vitalik Buterin and TRON CEO Justin Sun had an online dispute on April 6th. According to the claim, TRON's distribution of 30 million TRXs to the Ethereum community is a sign that this debate has been resolved.
Comments on TRON
The opinion of Florian Gebhard, a skeptical cryptographer from Munich, on TRON:
When Bitcoin reached $ 7,000 in less than 40 minutes on April 12th, he realized why the community was missing in crypt money. We were waiting for a revival. The only reason I invest in TRON is to be active. I do not know if they are worthy, but constantly press and media coverage will certainly increase prices. A strong community is always a good strategy.
Interview with Alex Steffan, Irving's cryptographer, on TRON:
Good knot support for the TRX is the key to survival. The TRX should continue its uptrend, starting in June, with trades between $ 2 and $ 4 next year. Wait for the rise after 15 May. The TRX is expected to trade several weeks before it gains momentum. People who invest for the next two or three weeks can get some small gains.
As a result, 72% of those who comment on TRON think that prices will move upwards until May 31, but prices may drop later. 28% of TRON commentators believe that TRON prices will endure and Bitcoin prices in the short run can affect TRX prices.
EOS price analysis
EOS is trading at $ 11.5, with a market volume of $ 9.3 billion, witnessing a 37% increase over the past week and a 6% increase over the last 24 hours.
Comments on EOS
Ashraf Diwedi, an analyst in Delhi, commented on EOS:
After the fall of Ethereum (ETH) in the first week of this month, EOS gained significant value. People started questioning crypt money. Now, look at Litecoin as the 5th most valuable crypt money in history. It will be number three soon, then number two. Ethereum is dead, EOS is killing him.
Colonel Martin's opinion on EOS from San Jose:
Why is it rising? Does anybody know? See all the crypto parcels like LTC, BCH, XRP, ADA and even TRX, they all have a big market value and people now know what they are after. What is EOS and why is it rising? No, nobody knows that. I followed up on EOS, I invested, I was bored, I did not go on. I do not think this crypto is a different thing on the money.
With its recent gains, EOS led investors to consider whether this increase was a real asset. EOS is still on the rise now and investors think that EOS can go even further and that in the near future the price could reach $ 50 or $ 100