RSI : 30
Volume : Interestingly increasing specially after the Opera browser news.
Accumulation Area : 340 sats - 370 sats
Distribution Area :
Target 1 : 383 sats
Target 2 : 430 sats
Target 3 : 468 sats
Target 4 : 506 sats
Target 5 : 560 sats
Target 6 : 628 sats [Mid to Long term target]
Stop Loss : 301 sats
Note : This call is specially given because of the fundamental analysis announced from the Opera browser. It is reported that :
"The world famous web browser Opera announced that very soon it will introduce native support for the Tron blockchain. The browser will have a TRX wallet able to store not only this cryptocurrency but also all TRC tokens running on the Tron mainnet."
Opera is known for its efforts to help the ecosystem grow. Last year the browser became the first one to have a native ETH wallet, compatible with ERC20 and ERC721 tokens. This gave Opera the distinction of being the first browser with Web3 capabilities.
After touching its lowest point since December 2018, Tron just gain a strength and we already have a good looking green candles for the last 2 days. If this announcement is going to be successful TRX might show some good growth for the short term.