Tag: OneWeek

Why Tron’s 20% One-Week Climb Is Just The Start Of Extended Uptrend

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Bitcoin and major altcoins have been breaking out all across the crypto space. Several other top altcoins across the top 100 by market cap also saw strong rallies, but a handful of top altcoins like Tron and Litecoin have lagged behind. Chart patterns had shown similar price action as other alts ahead of major breakouts, and finally, Tron has followed suit and surged by 20% over the last week. Indicators are confirming the breakout, and potentially signaling that the asset’s uptrend is only just getting started. Will Tron continue to…

Bitcoin Breakout Elusive As Price Retreats from One-Week Highs

boss

Bitcoin missed a bull breakout by a whisker, as prices backed off from a six-day high of $6,826 hit earlier today. BTC’s persistent defense of $6,000 over the last three months has convinced many, including billionaire investor Novogratz, that the leading cryptocurrency has bottomed out around the February low. While that argument sounds logical, a bullish breakout would be confirmed only after the cryptocurrency has found acceptance above the top edge of the three-month-long narrowing price range. However, crossing that key price hurdle is proving a tough task for the…