Post
Topic
Board Altcoin Discussion
Is Tron Coin TRX A Good Investment For 2023?
by
Elena_Rodriguez
on 06/12/2022, 12:13:22 UTC
Tron is regarded as one of the most sought-after currencies in the crypto world. And boasts a wide range of adoption and utility. Presently, there are a host of Decentralized Applications (DApps) on the TRON network.

Since Tron price peaked at $0.18 in April 2021, it has been declining beneath a descending resistance line. Tron also fell sharply against an ascending support line that had first appeared in March 2020. Tron is now trading above the horizontal support level of $0.05287.

Quote
According to expert from Coinpedia, Tron price prediction by the end of 2023, it might trade at its potential high of $0.14759.

However, if the regulatory concerns continue to afflict the market, it could fall to a minimum of $0.07627. In the end the absence of a fulfillment expectations could result in the year's average price of trading at $0.10983.

What’s your take on Tron? Is it a viable project in the long run or just based on “thin air”?