Ethereum & Ripple (XRP) Plunged, Tron Led Oct. Index

Twitter Facebook LinkedIn The month of October saw many altcoins continue to bleed out in price, with ethereum (ETH) and ripple (XRP) each declining by more than 10 percent. After almost ten months of mostly bearish price action in the cryptocurrency space, there was just one crypto token that managed to tread water in October — tron (TRX). Tron’s [Previously] Volatile Nature Tron’s October stability comes as a bit of a surprise for a coin that is often volatile. Earlier this year, Finder.com conducted a study ranking the top fifty…

Blockchain Startup Tron Announces Partnership with Internet Giant Baidu

A blockchain startup aiming to decentralized the internet is shaking hands with the field’s most prominent player. But does it matter? Tron Foundation revealed in its latest tweet that it would be working closely with Baidu, a China-based internet giant, to use their cloud solutions. Far from what seems like an official and detailed press release, today’s announcement nevertheless confirmed to Tron’s October 12 teaser in which it admitted partnering with a giant whose valuation was worth billions of dollars. But to many who responded after Baidu’s name came to…

With a Functional Mainnet, Baidu Might Be the First of Many Partnerships For TRON (TRX)

‘Where there is smoke, there is fire’ is a saying that is very applicable to the breaking news that Baidu has been confirmed as the newest partner of the Tron Foundation. Speculation was high after the online publication of Coinness announced that the new partner was Baidu and based on its own credible sources. However, an official announcement had not been made from Justin Sun or his team at Tron (TRX). The Tron Foundation has since confirmed the news via a tweet that stated the following: #TRON is joining forces…

Tron, Augur Surge 5% Ahead of Upgrades, $5,800 Imminent For Bitcoin?

While Bitcoin (BTC) remains bear biased, Tron (TRX) and Augur (REP) recorded solid 5 percent gains against both BTC and the US dollar. The volume of Bitcoin has failed to recover from the low $3 billion region, down more than 30 percent since late September. Subsequent to falling by around 4 percent from $6,600 to $6,250 within minutes, Bitcoin has struggled to initiate a speedy recovery. $5,800 is Possible Support Throughout the past nine months, even after massive sell-offs, BTC has been able to defend the $6,000 support level relatively…

Tron (TRX) Jumps 12% as Justin Sun Announces Virtual Machine Launch

Tron on Monday appreciated 12 percent against the US Dollar to restest August high near $0.028. The spike came hours after Justin Sun, CEO and Founder of the Tron Foundation, announced that their super representatives reached consensus to launch the Tron Committee Function and Tron Virtual Machine (TVM). TVM launch marks an important step towards the functionality of Tron network. It is expected to test and execute large-scale decentralized applications similar to that of Ethereum. The TVM launch also marks the introduction of its very own smart contracts, called Era.…

Tron, Cardano Could Lead Altcoin Break outs

Thanks to a one percent gain in the last day, Cardano is the top performer in the top 10 with Tron leading after adding 1.5 percent. All in all, we anticipate gains today and that’s why we recommend buying on dips at spot rates with stops at fitting support levels. In the meantime, patience should prevail in XLM, EOS and in Litecoin since prices are still below key resistance levels. Let’s have a look at these charts: EOS Price Analysis As the week concludes, EOS price continue to oscillate within…

Stellar Lumens, EOS, Litecoin, Tron, IOTA Latest News and Price Analysis

The altcoin market is stabilizing and poised to add more over the weekend due to specific candlestick formations in EOS, Litecoin, IOTA and Tron. That’s on top of favorable altcoins news that continues to trickle. Of all the coins under our review, Stellar Lumens price is slow to pick up and still trading below 25 cents. However, the general shift in momentum could aid thrust altcoin prices back towards profitability in the short to medium term. Let’s have a look at these charts: EOS Price Analysis Latest EOS News Through…

EOS, Cardano, Stellar Lumens, Tron, IOTA Price Analysis

A single day of BTC dip was enough to wreck havoc in altcoins valuations. It’s because of that, that most coins under review as EOS, Cardano, Stellar Lumens, Tron and IOTA will end up bearish and likely resume a trip to new 2018 lows throughout this month. The only stand out in this red is Stellar Lumens. Jed MacCaleb’s coin might reject lower lows and print higher more so if buyers reverse Sep 5 losses closing above 25 cents. It even gets better. Recent reports indicate that Australians are accumulating…

Stellar Lumens, Litecoin, Tron, EOS, IOTA Price Analysis:

Despite bears slowing in the last day, altcoins are poised to further shed in the coming days. It all has to do with Sep 5 candlestick rejecting higher highs often at or around key resistance levels. Since altcoins as EOS, XLM and Tron are still moving inside an eight month consolidation, trading with the trend will be a natural fit going forward. Let’s have a look at these charts: EOS Price Analysis EOS Daily Chart by Trading View Yesterday was a tad bit stable for EOS prices and while market…

Litecoin, EOS, Stellar Lumens, Tron, Monero Price Analysis

Of all coins under our radar, EOS, Monero and to some extent Litecoin shows some promise. Not only are they shaking off sellers but their week-over-week movements are decent while others as Monero are trading above key resistance levels. In all, there is expectation of bulls mostly due to resurgence of BTC prices and coin specific fundamentals as IBM’s Blockchain Wire World which likely inject bulls on XLM. Let’s have a look at these charts: EOS Price Analysis EOS Daily Chart by Trading View After a rampant week where EOS…