Weekly tron price analysis based on traders behaviour

April 1, 2020

TRX is a native coin of the tron network which was created by Justin Sun and whose transaction can take place from one tron smart contract address to another without involvement of a third party thus is considered to be a decentralized asset. TRX uses a proof of stake consensus which means that stakers can lease their tron for a given period of time to staking pool who will use the coin to secure the tron network as well as to validate transaction taking place on the tron network. On Monday the 30th of March, on tron started trading at around 0.011169. By Tuesday the same week, the price had managed to go as high as $0.011760 by slightly dropped to around $0.011490

on Wednesday. The increase in price was due to traders behaviour which can further be explained as follows;

Traders behaviour

TRX has a huge community due to several dapps built on its network thus making it to be easily tradeable in an upwards and downwards direction . When the tron market is moving in an upwards direction, that will be an indication that the number of traders selling it is more than the number of traders buying it. Because of this, the market will gain an upwards market direction and moves upward with few number of buyers so that it profits with them and makes many sellers make some losses. On the other hand, when the tron market is moving downwards, that will be an indication that the number of traders buying it is more than the number of traders selling it. Because of this, the tron market will resist moving upwards and start moving downwards with few number of sellers in order to profit with them and makes many buyers make some losses. Since the beginning of Monday this week, the tron market has shown a possible bullish market. This bullish market behaviour for tron can further be explained as follows;

1. Weekly tron bullish price analysis based on traders behaviour

In a bullish market, the tron will be moving in an upwards direction. On Monday the 30th March of 2020, tron started trading at around USD: $0.011169. By Tuesday the same week, the price of tron had managed to rise all the way to around $0.011760 followed by a slightly drop to around $0.011490 on Wednesday. The increase in price to around $0.011760 on Tuesday was due to the number of traders selling it being more than the number of traders buying it thus causing the tron market to gain an upward market pressure and moves upward with few numbers of buyers. This weekly market movement for tron is being indicated as from the candlesticks chart below;

The above is the TRX market in terms of USDT. Two points are being indicated . There is point A and point B. Before point A, the tron market can be seen to moving in an upwards direction all the way to around

0.011800. This increase in price is due to traders pressure that the market will start moving downwards thus causing them to sell their tron holding so that their holding in tron do not devalue. Because of this, the number of sellers exceeds the number of tron buyers thus causing the tron market to gain an upward market pressure and moves upward to

$0.011800 with few buyers. At $0.011800 , more number of tron traders begin to purchase tron thus causing the number of tron buyers to exceed the number of tron sellers. Because of this, the tron market resist moving upwards and reverse downwards where it shortly moves downwards to point A at around 0.011000. At point A, more tron traders start selling their tron holding thinking that the market will continue moving downwards. Because of this, the number of tron sellers again exceeds the number of tron buyers thus causing the tron market to gain an upward market pressure and moves upward with few number of buyers all the way to point B at around $0.011800. If the sellers will continue exceeding the buyers, then this upward market might continue until Monday next week where the tron market can go as high as $0.01360. This is the right time to buy a given amount of tron and waits until the market reaches 0.01360 so that you sell and increase your valuation.

Summary

TRX is a native coin of the tron network which can be transfered from one smart contract address to another and whose network uses a proof of stake consensus . TRX has a huge community of members due to several dapps built on its network. This makes it to be well tradeable. When the number of trx buyers exceeds trx sellers, the market will be moving downwards while when the number of trx sellers are more than the number of trx buyers, the market will be moving upwards.TRX was able to show a bullish trend on Monday which can continue until Monday next week. This is the right time to buy TRX and hold until it reaches over $0.01360 next week.

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Weekly bitcoin price analysis based on traders behaviour

March 31, 2020

Bitcoin is a native coin of the Bitcoin network created by satoshi nakamoto and whose transaction takes place from one peer Bitcoin address to another thus making it a decentralized asset. Bitcoin uses a proof of work consensus . Because of this, the miners are the one who uses their computing power to secure the Bitcoin network as well as to validate any transaction taking place on the Bitcoin network. On Monday the 30th of March 2020, one Bitcoin started trading at around $5920. By Tuesday the same week, the price had managed to go as high as $6600. This rise in price is due to Bitcoin traders behaviour which can further be explained as follows;

Traders behaviour

Bitcoin is well tradeable due to its huge community. This makes it to be able to be traded in both upwards and in a downwards direction by different traders and still be able to profit.

Therefore, we can say that when the Bitcoin market is moving in an upwards direction, that will be an indication that the market is oversold while when the market is moving downwards, that will be an indication that the market is overbought. Since the market has shown a possibility of bullish, the upwards and downwards movement due to traders behaviour on weekly basis is further explained as follows

1. Weekly bullish Bitcoin price analysis based on traders behaviour

In a bullish market, the Bitcoin market will be moving in an upwards direction . On Monday the 30th of March, one Bitcoin started trading at around $5920. By Tuesday the same week, the price had risen all the way to around $6600. This increase in price has been as result of the number of the number of sellers exceeding the number of Bitcoin buyers. This makes the Bitcoin market to move upwards to around $6600 as stated earlier. This market movement for Bitcoin is indicated as from the candlesticks chart below;

The above is the Bitcoin market in terms of USDT. Two points are being indicated . There is point A and point B. Before point A, the Bitcoin market can be seen to be moving in an upwards direction all the way to around $6600. At around $6600, more number of buyers started to enter the market with the hope that the market will continue moving upwards. This makes the buyers to exceed the sellers thus causing the market to shortly resist moving upwards and shortly moves downward to point A at around $6400. At point A, more sellers again started to sell their Bitcoin thinking that the market will continue moving downwards thus causing their account to devalue. This makes the number of sellers to again exceeds the number of buyers thus causing the Bitcoin market to gain an upward market pressure again and moves upward to point B at around $6500. If sellers will continue to exceed buyers, the Bitcoin market will continue moving upwards until Sunday. The market can move all the way to around $7500 by Sunday after which it will start moving downwards. As a Bitcoin investor or trader, this is the right time to buy Bitcoin and hold until it reaches $7500. Can buy at current market price of around $6400.

Summary

Bitcoin is a native coin of Bitcoin network created by satoshi nakamoto and can be transfered from one Bitcoin address to another without involvement of a third party. On Monday, one Bitcoin started trading at around $5920 but the price rises to $6600 by Tuesday. The increase in price was due to sellers being more than buyers . Therefore, we can say that when buyers are more than sellers, the market moves downward and vice versa. The market for Bitcoin can move upwards the whole week to around $7500. This is the right time to buy and hold

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weekly neo price analysis based on traders behaviour

March 26, 2020

Neo is a native coin of the neo platform which can be transfered from one Neo smart contract address to another without involving a third party. This makes it to be considered to be a decentralized coin. The first smart contract address must pay a transaction fee in form of neo gas in order for the transaction to be initiated by the neo validators . The neo delegators will use their neo coin to vote for the validators who will be using the coin to secure the neo network and to validate any transaction taking place on the neo network. This makes it to be considered to be using a delegated proof of stake consensus. On Monday the 23th of March 2020, one neo started trading at around $6.02. By Tuesday the same week, the price had managed to go all the way to around $6.86 but later came to drop to around $6.66 by Wednesday the same week. On Thursday, the market rose again to around $7.09. This market movement for NEO is caused by traders behaviour which can further be explained as below;

Traders behaviour

Since there are many dapps built on neo network, it can therefore be considered to have a high utility function thus making it to have a huge community of traders who are able to profit from its upwards and downwards movement. We can therefore say that when the NEO market is moving downwards, that will be an indication that the number of neo buyers are more than the number of neo sellers. Because of this, the neo will gain a downwards market pressure where it moves downwards with few sellers and profits with them . On the other hand, when the neo market is moving upwards, that will be an indication that the number of neo sellers are more then neo buyers. Because of this, the neo market will gain an upward market pressure where it will move upwards with few number of buyers so that it profits with them and makes many sellers to makes some losses. Therefore, since the neo market has shown a possibility of bullish behaviour since Monday, we can therefore explain its weekly bullish market price anslysis as follows;

1.weekly bullish neo price analysis based on traders behaviour

In a bullish market, the neo coin will be moving in an upwards direction. Towards the beginning of this week( Monday the 23th of March), one neo started trading at around $6.02. On Tuesday the same week, the price went as high as $6.86 but later dropped to around $6.66. On Thursday the same week, the price rose again to above $7.09. This price movement of neo for the whole week is being indicated as from the candlesticks chart below;

The above the the neo market in terms of USDT. Two points are being indicated. There is point S and point B. Before point A, the neo market can be seen to be moving in an upwards market direction all the way to around $7.09. This upward movement is due to the number of neo sellers being more than neo buyers thus causing the neo market to gain an upward market pressure and moves upward to $7.09 as stated earlier. More neo buyers enter the market expecting the neo market to continue moving upwards. Because if this, the buyers exceeds the neo sellers this causing the neo market to resist moving upwards and slightly reversed downwards to point A at around $6.63. At point A, more sellers again start selling their neo fearing to decline the valuation of their holding. This makes the number of sellers to again exceeds the number of neo buyers thus causing the neo market to gain an upward market support where it moves upward to point B at above $6.86. If the number of sellers will continue to be more than the number of buyers, then there is possibility of the neo market to continue moving upwards all the way to around $7.50 by Monday next week. If you had previously purchased your neo and you are still holding, then you can continue holding until Monday next week when the market will reach $7.50 or you can sell it at around $6.90 since from there the market will start moving downwards

Summary

Neo is a native coin of neo network with a neo gas for paying transaction. Neo uses a delegated proof of stake consensus where delegators use their neo coin to vote for validators who uses them to secure the neo network as well as to validate any transaction taking place on the neo network. One neo started trading at around $6.02 on Monday . By Thursday the same week, the price had managed to rise to above $7.09. This increase in price has been due to the number of neo sellers being more than neo buyers .This makes the neo market to trend upwards with few number of buyers where it profits with them and makes many sellers to make some losses. Therefore, we can say that when the number of neo buyers are more than the number of neo sellers, the market for neo will be moving downwards with few number of sellers. On the other hand, when the number of neo sellers are more than the number of neo buyers ,then the market for neo will be moving upwards with few number of neo buyers so that it profits with them.

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WEEKLY ontology price analysis based on traders behaviour

March 25, 2020

Ontology is a native coin of ontology network whose transaction takes place from one ontology smart contract address to another without involvement of a third party thus is being considered to be decentralized. Ontology uses a delegated proof of stake consensus. Because of this, the delegators delegate their ontology coin to several validators who will use the coin to secure the ontology network as well as to validate transactions taking place on the ontology network thus in return, they receive reward in form of ontology gas. As an ontology delegator, the more your voting power the more reward you will receive. On Monday the 23th of March, one ontology started trading at around $0.34426. On Tuesday the same week, the price rises all the way to around $0.3923 followed by a slightly drop to around $0.3706 . On Wednesday, the price rises again to above $0.3706. Since the price has managed to maintain above $0.34426 since the beginning of Monday, there is possibility of the market to continue being bullish until next week on Monday. This price movement will be as a result of traders behaviour which can further be explained as follows;

Traders behaviour

Ontology coin has a huge community of traders due to its listing on several exchanges . Because of this, it is well tradeable in both upwards and in a downwards direction by its community of traders and still makes them to be profitable. When the ontology market is moving upwards, that will be an indication that the number of traders selling it are more than the number of traders buying it . This will make it to move upwards with few buyers so that it profits with them and makes many sellers make some losses. On the other hand, when the ontology market is trending downwards, that will be an indication that the number of buyers are more than the number of sellers. Because of this, the ontology market will gain a downwards pressure and moves downward with few sellers so that it profits with them and makes many buyers make some losses. Therefore, since the ontology market has been moving upwards since the beginning of this week, the market can then be considered to be bullish until next week. This will further be explained as follows;

1. Weekly bullish ontology price prediction based on traders behaviour

In a bullish market, the ontology coin will be considered to be moving in an upwards direction. Since Monday the 23th of March, one ontology started trading at around $0.34426. By Tuesday the same week, one ontology rises all the way to around $0.3923 which was followed by a slightly dropped to around $0.3706. This is indicated as from the candlesticks chart below;

The above is the ontology market in terms of USDT. Two points are being indicated. There is point A and point B. Before point A, the ontology market can be seen to be moving upwards to $0.3923 from its low price of $0.34426 on Monday. This increase in price has been due to the number of sellers being more than the number of buyers thus causing the ontology market to gain an upward market pressure where it moves upward with few number of buyers . The number of buyers then exceeds the number of sellers thus causing the market to resist to continue moving upwards and reverse downwards where it slightly moves downwards to point A at around $0.3706. At point A, the ontology sellers exceeds the ontology buyers again thus causing the market to gain an upward support again and starts moving upwards again to point B at above $0.3876. If more sellers will continue selling their ontology coin due to market fear pressure of moving downwards and devalue their holding, then the market will continue moving in an upwards direction until next week on Monday. There is possibility of the market to move at around $0.4500 after which it will reverse and starts moving downwards. As an ontology holder or trader, this is the right time to buy and continue holding for one week. Can buy at current market price of around $0.3706 and wait for the market to reach around $0.4500 so that you sell in order to make profit. Make sure to apply risk management while purchasing a given amount of ontology with your USDT balance since cryptocurrency market is a highly volatile market.

Summary

Ontology is a native coin of ontology network where one smart contract address must pay some ontology gas in order to send their ontology to the second smart contract address. The transaction will be initiated by validators running the ontology network. The delegators vote for several validators using their ontology coin so that they use them to secure the network and validate transactions taking place on the ontology network. Towards the beginning of this week, one ontology started trading at around $0.34426. By Tuesday the same week, the price managed to rise all the way to around $0.3923 but later dropped to around $0.3706 on Wednesday. This increase in price has been due to the number of sellers being more than the number of buyers thus causing the ontology market to move upwards with few number of buyers. Therefore, we can say that when the number of buyers exceeds the number of ontology sellers, then the market will move downwards while when the number of sellers are more than the number of buyers, then the market will move upwards.

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Cryptocurrency Trading CryptoTrading Price Prediction Tron

2021 tron price prediction based on dapps built on its network

March 24, 2020

Tron is a native coin of the tron network which was first issued on the ethereum network but was later swapped to its own tron network in early 2018. The tron cryptocurrency can be transfered from one tron smart contract address to another without involvement of a third party thus is being considered to be a decentralized asset. The first smart contract address must pay a gas fee in order for the transaction to be initiated to the second smart contract address by the validators running the tron network. Tron holders can also lease their tron coin to the staking pool so that they use them to secure the tron network and to validate any transaction taking place on the tron network. Because of this, tron can be considered to be using a proof of stake consensus. Towards the end of 2017, tron conducted its ICO where one tron was going for around $0.0019. As of 2018, the price had managed to go as high as $0.23 but later dropped to around $0.02 in 2019 followed by another market crash to around $0.007 in 2020 due to corona virus. Currently, the marked is trading at above $0.02. The increase in price to $0.23 was due to more developers starting to join tron network to develop their dapps over there thus increasing the utility function of tron coin which causes its demand to also increase. The decrease in price again to around $0.02 was due to tron holders who had earlier taken part in the ICO dumping their tron to profit from the sudden rise in price . This result to an increase in surplus of tron on the tron network thus causing the price to decline. Since the market for tron crashes in 2020 to around $0.007 due to corona virus pandemic, we can therefore further explain the future price prediction of tron based on the dapps built on tron network as follows;

Dapps built on tron network

The dapps built on tron network will affect the future price of tron by affecting its utility function . Therefore, we can say that when more developers are joining the tron network due to an increase on the revenue of their dapps, then the utility function of tron will also increase thus causing its demand to increase which in turn will cause the price to increase. On the other hand, when the developers on the tron network start to decrease in number due to a decrease in the revenue of their dapps over there, then the utility function of tron will also decrease thus causing its demand to also decrease which in turn will also cause its price to also decline . Here are some of the dapps built on tron network affecting the price movement of tron coin;

1.WINK

This is a gambling platform based on tron network where gamblers can place their bets using tron. If the number of gamblers will increase in number of the wink platform due to higher odds, then the utility function of tron will increase thus causing its price to increase as well since many gamblers will be purchasing the tron in several exchanges where they will deposit them to the wink platform thus causing its demand to increase. On the other hand, when the odds are low, then the gamblers will start decreasing in numbers in search of other better gambling platform thus causing the utility function of tron to decline. This will in turn cause the demand to demand thus causing the tron price to also decline .

2. Poloni DEX

This is a decentralized exchange based on tron network where traders can login into their account using their tron private key. Traders can exchange their other tron token assets back to tron . If the number of traders will start increasing in number on the poloni DEX due to low fees charged, then the utility function of tron will also increase thus causing its price to increase. On the other hand, If the number of traders will start decreasing in number due to an increase on the trading fees charged, then the utility function of tron will also decline thus causing its price to also decline.

3. Friendster.io

This is a social media platform based on tron network where users earn friendster token for sharin

g their posts on the platform. The more posts shared, the more friendster token one earns. The token can be converted back to tron. Therefore, we can say that when it becomes very profitable to post on the friendster platform, then more users will join the platform. Some users will want to advertise their business on the platform using the friendster token. This will make them to cause the utility function of tron to increase since they will be highly demanding for the token using tron coin thus causing the tron to increase in price. On the other hand, when users start to exit the platform due to a decline on the income received when the share their work on the platform, then the demand for the token will decline thus also causing the utility function of the tron to decline. This will result to a decline on the price of tron.

Therefore, we can further explain the future price prediction for tron using bullish and bearish market as follows;

A. Tron bullish price prediction based on dapps built on its network

In a bullish market, the tron market will be moving in an upwards direction. In 2017, tron conducted its ICO. During that time, one tron was going for around 0.0029. As of 2018, the price rises all the way to around $0.23. This increase in price has been due to an increase in the number of developers on the tron network to develop their dapps over there due to monetization of their dapps over there. The price then decline to around $0.02. This decline in price has been due to the dumping of tron by several tron holders including those who took part in the ICO so that they profit from its previous high price. In 2020, there was a market crash due to corona virus pandemic which causes the tron market to crash downwards to around $0.007. Currently, the market is at above $0.01. Here is the tron market;

The above is the tron market in terms of USDT. Two points are being indicated. There is point A and point B. Before point A, the tron market can be seen to be rising all the way to around $0.011890. This increase in price has been due to an increase in the number of developers on the tron network thus increasing the utility function of the tron. Because of this, the demand for tron increases thus causing the price to also increase. Some tron holders sell their tron thus causing the price to slightly decline to point A at around $0.011000. More developers continue to join the tron network due to an increase in the monetization of their dapps thus increasing the utility function of tron which on turn cause the demand for tron to increase. This increase in demand causes the tron to move upwards to point B at above $0.011890. If monetization of dapps on the tron network will continue to increase, then the utility function of tron will further continue to increase thus causing the tron market to continue rising. In one year time, there is possibility of the tron to go as high as $0.03. As a tron investor, this is the right time to buy tron and hold it until when the market moves to around $0.03 since I am bullish for tron market .

B. Tron bearish price prediction based on dapps built on its network

In a bearish market, the tron market will be moving in a downwards direction. In 2017, tron conducted its ICO. During that time, one tron was going for around 0.0029. As of 2018, the price rises all the way to around $0.23. This increase in price has been due to an increase in the number of developers on the tron network to develop their dapps over there due to monetization of their dapps over there. The price then decline to around $0.02. This decline in price has been due to the dumping of tron by several tron holders including those who took part in the ICO so that they profit from its previous high price. In 2020, there was a market crash due to corona virus pandemic which causes the tron market to crash downwards to around $0.007. Currently, the market is at above $0.01. Here is the tron market;

The above is the tron market in terms of USDT. Two points are being indicated. There is point A and point B. Before point A, the tron market can be seen to be falling all the way to around $0.010000. This decline in price has been due to a decrease in the number of developers from the tron network due to a decline in the monetization of their dapps over there thus decreasing the utility function of the tron. Because of this, the demand for tron decreases thus causing the price to also decline as started above. Some existing tron developers purchase some tron in order to use it to pay for transaction cost of their dapps on the tron network thus causing the tron market to slightly move upwards to point A at around $0.011000. The tron network further increases its transaction cost thus declining the monetization of dapps on its network. This causes many developers to continue leaving tron network for other network thus further decreasing the utility function of tron which in turn cause the demand for tron to further decline. This decrease in demand causes the tron to further move downwards to point B at below $0.01100. If monetization of dapps on the tron network will continue to decrease, then the utility function of tron will further continue to decrease thus causing the tron market to continue falling. In one year time, there is possibility of the tron to go as low as $0.007 although am not bearish for tron. If you think this will happen,then you can sell tron at above $0.01500.

Summary

Tron is a native coin of the tron network which can be transfered from one tron smart contract address to another without involvement of a third party. Tron uses a proof of stake consensus thus allowing different developers to be able to stake their tron and earn reward. Developers can also create a token of their dapps on the tron network so that it becomes the utility coin of their dapps. In 2017 when tron conducted an ICO, one tron was going for around $0.0019. The price was able to rise up to $0.23 by 2018 but latter dropped to around $0.007 in 2020 due to corona virus pandemic. Therefore, we can say that when the monetization of tron network is higher, more

developers will join the tron network to develop there while the monetization has been declined due to an increase on the transaction cost, then developers will start leaving the tron network for other low transaction cost network thus resulting to a decline on the utility function of tron which will cause the price to decline. There is possibility of the tron to go as high as $0.03 by end of 2020. This is the right time to buy and hold some tron

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weekly dogecoin price analysis based on traders behaviour

March 20, 2020

Dogecoin is a native coin of the dogechain network which was created mainly to reward content creators and whose transaction takes place from one dogecoin address to another without involvement of a third party thus is being considered to be decentralized. Dogecoin has a huge community of traders thus is well tradeable. On Monday, the 16th of March 2020, dogecoin started trading at around $0.0014430. By Tuesdays the same week, one dogecoin had managed to rise all the way to around $0.001688 followed by a slightly dropped to $0.001544 on Wednesday. As on Friday, the price rises again all the way to around $0.001857 and has managed to maintain over there. This increase in price has been due to the number of sellers exceeding the number of buyers thus causing dogecoin market to gain an upward market pressure where it moves with few number of buyers so that it profits with them and makes many sellers make some losses. This market behaviour of dogecoin can further be explained based on traders behaviour as follows;

Traders behaviour

Dogecoin has a huge community of traders and therefore has a high liquidity providers. This makes it to be well tradeable in both downwards and upwards direction and still makes its community of traders be able to profit in both direction. Therefore, we can say that when the dogecoin market is trending upwards, that will be an indication that the number of sellers are more than the number of buyers. Because of this, the dogecoin market exerts an upwards market direction where it moves upward with few number of buyers so that it profits with them and makes many sellers make some losses. On the other hand, when the dogecoin market is moving downwards, that will be an indication that the number of buyers are more than the number of sellers. This makes the dogecoin market to resist moving upwards and gain a downwards market movement where it moves downwards with few number of sellers so that it profits with them and makes many buyers to make some losses. Since the market shows a possibility of bullish market on Monday, we can therefore explain the bullish weekly market for dogecoin as follows;

1. Dogecoin bullish market based on traders behaviour

In a bullish market, the dogecoin will be moving in an upwards direction. Towards the beginning of this week, one dogecoin started trading at around $0.0014430. By Tuesday the same week, the dogecoin had managed to rise all the way to around $0.001688 but later dropped to around $0.001544 on Wednesday. By Friday the same week, the price rises again to around $0.001857. This increase in price has been due to the number of sellers being more than the number of buyers thus causing the dogecoin market to gain an upward market direction where it moves upward with few number of buyers and profits with them. This is indicated as from the candlesticks chart below;

The above is the dogecoin market in terms of USDT. Two points are being indicated. There is point A and point B. Before point A, the dogecoin market can be seen to have been moving upwards all the way to around $0.001850. This upward market movement has been due to the number of sellers being more than the number of buyers. This makes the market to exert an upward market movement as indicated above. The number of buyers then exceeds the number of sellers thus causing the dogecoin market to resist to continue moving upwards and reverse and starts moving downwards with few number of sellers donwnward to point A at around $0.001750. At point A, the number of dogecoin sellers again exceeds the number of dogecoin buyers thus causing the dogecoin market to gain an upward market pressure again where it moves all the way to point A at around over $0.001814. In one week time, if the number of sellers will continue exceeding the number of buyers, then the dogecoin market will continue moving upwards. By Monday next week, there is possibility of the market to move to around $0.002520 if this will continue. As a dogecoin trader, this is the right time to buy some dogecoin and sell it on Monday next week when the market has reached $0.002520. Make sure to apply risk management while purchasing a given amount of dogecoin with your USDT balance if you want to make good profit

Summary

Dogecoin is a native coin of the dogechain network whose transaction takes place from one peer address to another.

Towards the beginning of Monday the 16th march of 2020,one dogecoin started trading at around $0.0014430. By Tuesday the same week, the price had managed to go as high as $0.001688 buy later dropped to around $0.001544 on Wednesday but later rises to around $0.001857 by Friday. Although there is a pandemic for corona virus which has caused the price failed to rise, there is still a possibility of the price to continue moving upwards. The upward movement to $0.001857 was due to the number of sellers exceeding the number of buyers while a drop again to $0.001750 was due to the number of sellers exceeding the number of buyers. Therefore, we can say that when the number of dogecoin buyers are more than the number of sellers, then the market will move downwards with few number of sellers while when the dogecoin sellers are more than the number of dogecoin buyers, then the dogecoin market will move upwards with few number of buyers. Therefore, there is possibility of the dogecoin market to move upwards until Monday next week.

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2021 tron price prediction based on consensus used

March 18, 2020

Tron is a native coin of the tron network created by Justin Sun and whose transaction takes place from on tron smart contract address to another tron smart contract address thus is being considered to be a decentralized asset. In order for the transaction cost to reach the second smart contract address, the first smart contract address must pay a transaction cost . The validators running the tron network will validate transaction where they will share the transaction cost fee charged. The validators will also use the coin leased by stakers to secure the tron network. This makes tron to be considered to be using proof of stake consensus. In 2017, tron conducted an ICO where one tron was going for around $0.0019. Towards the beginning of 2018, one tron had managed to go as high as $0.23. The price then went down to around $0.015 in late 2018 but later rises to around $0.026 towards the beginning of 2020 . As of march 2020, there was a market crush where tron crashes downwards all the way to around $0.007. This market crash has been as a result of corona virus pandemic which causes many tron stakers to unlock their tron and dump them in several exchanges because of fear of further market crash which was going to cause their holding to decline further in value. Currently, tron market has started to recover and the market has managed to go all the way to around $0.0095. The increase in price has been due to an increase in the number of stakers thus increasing the tron demand while the decrease in price has been due to many stakers unlocking their tron coin and dumping them in several exchanges thus causing its demand to also decline. Therefore, the future price prediction for tron can further be explained based on consensus used as follows;

Consensus used

Tron uses a proof of stake consensus. In the proof of stake consensus, the tron stakers leases their tron coin to several staking pool who use those coins to secure the tron network and to validate any transaction taking place on the tron network. Therefore, we can say that in one year time, if the number of stakers will increase, then the demand of tron coin will also increase thus causing its price to also increase. On the other hand, if the number of stakers leasing their tron coin to several staking pool will decline , then the demand for tron coin will also decrease thus causing its price to also decline. The 2021 tron price analysis can be explained on the bullish and bearish market condition as follows;

1.Bullish tron price prediction based on consensus used

In a bullish market, the tron market will be moving in an upwards direction. When tron conducted its ICO in 2021, one tron was going for around $0.0019. As of 2018, the price had managed to go as high as 0.23 but later dropped to around $0.026 in early 2020. On March 2020, there was a market crash due to corona virus pandemic which causes the tron market to crash downwards to around $0.007. The market has started to recover and has managed to go upwards all the way to around $0.0095. The rise in tron market to around $0.026 in early 2020 was due to an increase in the number of stakers leasing their coin to validate transaction and secure the tron network which results to an increase in the demand of tron. On the other hand, the decrease again of tron coin to around $0.007 on March 2020 was due to the number of stakers unlocking their staked coin where they dumped them to several exchange by fearing to lose their holding valuation thus causing the demand to decline. Currently the price has started to recover and this might further continue. The price analysis of tron is therefore shown as from the candlesticks chart below;

The above is the tron market in terms of USDT. Two points are being indicated. There is point A and point B. Before point A, the tron market can be seen to have been moving upwards all the way to around $0.012. This upwards movement has been due to an increase in the number of stakers leasing their tron coin to several staking pools thus causing the demand for tron to increase. Because of this, the price increases all the way to around $0.012 as earlier indicated. The number of stakers then start unlocking their tron coin together with their earned tron thus causing the surplus to increase which result to a decline in the tron price all the way to point A at around $0.008. Some more stakers again purchase the tron coin where they stake them in several staking pool thus creating an inefficiency of tron again. This results to an increase in the demand of tron thus causing its price to increase again to point B at above $0.01. If more stakers will continue buying the tron coin in several exchanges so that they can stake them in several staking pool, a further inefficiency of tron will continue to be there thus further increasing the demand of tron. This further increase of demand for tron will cause its price to further continue to increase. towards the end of 2020, there is possibility of the tron to go all the way to around $0.03. As a tron holder, this is the right time to purchase and hold it until the year ends so that you can profit.

2.Bearish tron price prediction based on consensus used

In a bearish market, the tron market will be moving in a downwards direction. When tron conducted its ICO in 2027, one tron was going for around $0.0019. As of 2018, the price had managed to go as high as 0.23 but later dropped to around $0.026 in early 2020. On March 2020, there was a market crash due to corona virus pandemic which causes the tron market to crash downwards to around $0.007. The market has started to recover and has managed to go upwards all the way to around $0.0096. The rise in tron market to around $0.026 in early 2020 was due to an increase in the number of stakers leasing their coin to validate transaction and secure the tron network which results to an increase in the demand of tron. On the other hand, the decrease again of tron coin to around $0.007 on March 2020 was due to the number of stakers unlocking their staked coin where they dumped them to several exchange by fearing to lose their holding valuation thus causing the demand to decline. The price analysis of tron is therefore shown as from the candlesticks chart below;

The above is the tron market in terms of USDT. Two points are being indicated. There is point A and point B. Before point A, the tron market can be seen to have moving downwards all the way to around $0.007. This downwards movement has been due to a decrease in the number of stakers leasing their tron coin to several staking pools thus causing the demand for tron to decrease due to an increase in surplus on the tron network. Because of this, the price decreases all the way to around $0.007 as earlier indicated. The staking reward then slightly increases thus causing more stakers to purchase the tron in several exchanges after which they lock them in several staking pool . Because of this, the tron becomes slightly inefficiency in its network thus causing its demand to increase. This in turn causes the price to slightly increase all the way to point A at around $0.01. The stakers then unlock their tron where they dump them to several exchanges thus causing the surplus of tron to increase again. This increase in surplus result to a decrease in price all the way to point B at around $0.008. If the staking reward will continue to decline, then more stakers will continue to unlock their tron from the staking pool in order to dump them in several exchanges thus causing the price to further decrease to below $0.008 . Although I am not bearish for tron coin , I think if you feel the price will be below $0.008 by end of the year, then you can sell your tron holding at current market price of above $0.0096

Summary

Tron is a native coin of the tron network created by Justin sun and whose transaction takes place from one smart contract address to another without involvement of a third party thus is being considered to be decentralized. Tron ICO took place on 2017 where one tron was going for around 0.0019. Within a year, the price managed to rise all the way to around $0.23. On March 2020, the price again dropped downwards all the way to around $0.007. This decrease in price is mostly due to the corona pandemic which caused many investors holding tron by that time to unlock their staked coin from several staking pool and sell them to several exchanges thus causing an increase in surplus on the tron network. This increase in surplus is what result to a decrease in price due to a decrease in demand. Therefore, we can say that when the staking reward for tron is more, more number of investors will buy the tron coin in several exchanges and send them to their staking wallet where they will lock them over there thus causing its demand to increase due to it becoming inefficiency in its network. This increase in its demand is what will result to an increase in its price. On the other hand, a decrease in the tron staking reward will result to more number of stakers to unlock their staked tron from several staking pools thus causing its surplus on the tron network to also increase. This will in turn result to a decrease in its demand thus causing the price to decline. We are bullish for tron . Therefore, you should buy and hold so that you can profit by the end of the year.

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weekly XRP price analysis based on traders behaviour

March 13, 2020

XRP is the native coin of the ripplenet network that was created to serve as a utility function when money is globally transfered to different users from different online transfer payment. Therefore,XRP can also be transfered from one peer address to another thus is being considered to be a decentralized asset. Towards the beginning of this week(Monday, the 9th of March), one XRP started trading at around $0.2010. The price rises all the way to around $0.2153 on Tuesday but later dropped to around $0.1990 on Wednesday. On Thursday the same week, the price slightly went up again to $0.2100 . The same day on Thursday, the XRP market experienced a downwards market crash where the market crashes downwards to around $0.1425.On Friday the same week, the market slightly gained an upward movement and rises again to around $0.1690. On Friday the same day, the XRP market again crashes downward to around $0.1027. Currently, the XRP market has started to recover in an upwards direction. This upwards and downwards movement is due to traders behaviour in the market. This can further be explained as follows;

Traders behaviour

XRP is a well tradeable cryptocurrency since it has a huge community of traders who are able to profit by trading XRP both in an upwards and downwards direction. Therefore, we can say that when the number of XRP traders buying it are more than those selling it, then the XRP market will gain a downwards pressure movement and moves downward with few number of sellers so that it profits with them and makes many number of buyers to make some losses. On the other hand, when the number of sellers are more than the number of XRP buyers, the XRP market will gain an upwards support where it will move upwards with few number of buyers so that it profits with them and makes many number of sellers make some losses. Since there is possibility of XRP to be in bullish after it experienced a downwards market crash yesterday and today, its weekly price analysis based on traders behaviour can further be explained as follows;

1. Bearish XRP price analysis based on traders behaviour

In a bearish market, XRP will be considered to be moving in a downwards market direction. Towards the beginning of this week(Monday the 9th of March),the XRP market started trading at around $0.2010. By Tuesday the same week, the price had managed to rise to $0.2153 but later dropped to around $0.1990 on Wednesday. On Thursday the same week, the price slightly rises again to around $0.2100 . On the same day on Thursday , there was an XRP market crash where the market for XRP crashes downward all the way to around $0.1425. As Friday was starting, the market slightly gains an upward movement where it slightly rises to around $0.1690. On Friday the same day, the market again experienced a crash and went down all the way to around $0.1027. The market is now starting to gain an upwards movement which is likely to continue until next week on Friday. Here is the market chart for XRP

The above is the XRP market in terms of USDT. Two points are being indicated . There is point A and point B. Before point A, the XRP market can bee seen to have been experiencing a market crash for downwards movement on Thursday and Friday where the market crashes downwards all the way to around $0.1425 and $0.1027 respectively. This downwards market crash has been due to the number of XRP traders buying a given amount of XRP with their USDT balance being more than the number of those selling it . Because of this, the market strongly gains a downward market pressure movement where it moves downwards all the way to around $0.1027 on Friday as mentioned earlier . The XRP traders who had previously purchased their XRP and are still holding by that time started to fear of the value of their holding continuing to decline thus they have started to sell their XRP holding. Because of this, the number of XRP sellers again exceeds the number of XRP buyers thus causing the market to gain an upwards support where it slightly moves to point A at around $0.1502. At point A, the number of XRP traders buying XRP again exceeds the number of those selling thus causing the market to move downwards to point B at around $0.1292. The XRP market can now be considered to have gained an upwards pressure thus this downwards movement will not continue much further. The market will now be moving upwards until next week on Friday. You can now buy a given amount of XRP at current market price of around $0.1450 and holds it until Friday next week when the price will have doubled.

Summary

XRP coin was created to be used as a native coin on ripplenet by different merchant to instantly process online payment to their clients worldwide. It has managed to get huge number of community members trading it thus it can be considered to be well tradeable in both upwards and in a downwards direction. Between Monday to Friday, the market can be said to have been trending in a downwards direction after it experienced its market crash on Thursday and on Friday. The market crashes from $0.2010 on Monday all the way downwards to $0.1027 on Friday. This was a very huge crash since the beginning of this year. The market can now be said to have gained an upwards trend which is likely to take place until next week on Friday where the market can go above $0.2100. This is the right time to purchase and hold for one week. Therefore, we can say that when the number of XRP buyers are more than sellers, then the XRP market will move with few sellers downwards while when the number of XRP sellers are more than the number of XRP buyers, then the XRP market will move upwards with few buyers.

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weekly tron price analysis based on traders behaviour

March 12, 2020

Tron is a native coin of tron network and is being abbreviated as TRX whose transaction takes place from one tron smart contract address to another without involvement of a third party. This makes it to be considered as a decentralized asset. Tron was created by JUstin Sun who wanted creators to be able to monetize their data on the tron network in form of tron coin. Tron uses a delegated proof of stake consensus thus the validators are the one who secure the tron network as well as validate transaction taking place on the tron network thus in return they receive reward in form of tron coin. Towards the beginning of this week(Monday the 9th of March), one tron was trading at around $0.01403. The price rises all the way to around $0.01536 on Tuesday which later dropped to around $0.01412 on Wednesday. On Thursday, the price again rises to $0.014956 but later crushed downwards to below its starting price on Monday. The downwards crash went as low as $0.00951. The upwards and downwards movement of tron has been due to traders behaviour in the market. This traders behaviour in the market can further be explained as follows;

Traders behaviour

Tron network has a huge community. This makes its native coin TRX to have a high liquidity providers thus making it to be well tradeable in both upwards and in downwards direction. Therefore, we can say that when the number of traders buying a given amount of tron are more than the number of sellers, the tron market will prefer to move downwards with few sellers so that it can make profit with them and makes many buyers make some losses. On the other hand, when the number of sellers are more than the number of buyers, the tron coin will prefer to move upwards with few buyers so that it can profit with them and makes many sellers to make some losses. Since the market for tron since the beginning of Monday had shown a possible uptrend, we can further explain the weekly bullish market for tron as follows;

1. Bearish tron price analysis based on traders behaviour

In a bearish market, the tron market will be moving in a downwards direction. On Monday the 9th of March 2020, the tron market started trading at around $0.01403 . The price rises all the way to around $0.01536 on Tuesday followed by a drop to $0.01412 on Wednesday. The market rises again to $0.014956 on Thursday but later crushed downwards again to $0.00951. The downwards market crush all the way to around $0.00951 on Thursday was due to the number of buyers being more than the number of sellers. This makes the tron market to resist moving upwards but instead reversed and gains a downward market pressure where it moves downwards with few number of sellers so that it can profit with them and makes many buyers to make some losses. Here is a price analysis chart for tron based on traders behaviour;

The above is the tron market in terms of USDT. Two points are being indicated . There is point A and point B. Before point A, the TRX market in terms of USDT can be seen to have been moving in a downwards direction all the way to around $0.00951 having been moving upwards from Monday to Wednesday. This downwards movement on Thursday has been due to the number of buyers exceeding the number of sellers . Because of this, the tron market resists an upward movement and reverse downwards where it crushes to $0.00951 as mentioned above. The number of sellers then exceeds the number of buyers thus causing the tron market to gain support and starts moving upwards all the way to point A at $0.01100. At point A, the number of buyers again exceeds the number of sellers thus causing the TRX market to resist moving upwards and instead reversed to downwards movement all the way to point B at around $0.01063. I think the market has already finished its downwards movement and it is time for it to start moving upwards since TRX traders holding their TRX are less than those buying because of the fear of continuing to loss the value of their account. This is the right time for you to buy your TRX and hold it until next week on Friday since the market will rise again to around $0.01400. You can either buy at current market price of around $0.01063 or can wait for it to go below $0.00951 again and buy.

Summary

Tron is a native coin of the Tron network used by developers of different dapps on the Tron network to pay for transaction cost of their dapps as well as to swap their tokens to Tron. As this week was beginning(Monday the 9th March of 3020), one Tron was going for around $0.014030. By Thursday the same week, the price had managed to go as low as $0.00951. This decrease in price has been as a result of the number of buyers exceeding the number of Tron sellers thus causing the Tron market crush downwards with few sellers so that it profits with them and makes many number of buyers who were holding it to make some losses. Therefore, we can say that when the number of Tron buyers exceeds the number of Tron sellers, then the Tron market will be moving downwards with few number of sellers so that it can make profit with them and makes many number of buyers make some losses. On the other hand, we can say that when the number of sellers are more than the number of Tron buyers, the Tron market will be moving upwards with few Tron buyers so that it can profit with them and makes many Tron sellers make some losses. After this downwards market crush, i think the number of buyers who were holding TRON have started to sell it because they fear the market might further crush thus causing their TRON holding to decline in value. Because of this, the tron market has now gained an upward support and this might continue until next week on Friday. You can either buy at current market price of around $0.01060 or can wait for it to go to around $0.00951 and buy at that price since there is huge opportunity now in the market

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weekly bitcoin price analysis based on traders behaviour

March 11, 2020

Bitcoin is a native coin of the Bitcoin network created by Satoshi Nakamoto and whose transaction takes place from one Bitcoin address to another without involvement of a third party. This makes it to be considered as a decentralized asset. In order for the transaction to be initiated to the second Bitcoin address, the first one must pay a small transaction cost. The miners running the Bitcoin network will validate the transaction upon receiving the small transaction cost. Since the Bitcoin network is being run by miners, it can therefore be considered to be using a proof of work consensus. On Monday 9th March of 2020, the Bitcoin started trading at around $7600. The price rises again to around over $8100 on Tuesday. This increase in price has been due to traders behaviour in the market. Therefore, the traders behaviour in the Bitcoin market can further be explained as follows;

Traders behaviour

The bitcoin market is well tradeable since it has a high liquidity . Because of this, the Bitcoin market can easily be traded both in an upwards and in a downwards direction by traders. Therefore, we can say that when the Bitcoin market is moving in an upwards direction, that will be an indication that the number of traders selling it is more than the number of traders buying thus the market prefers to move with few buyers upwards so that it can profit with them and make those many sellers selling it make some losses. On the other hand, if the Bitcoin market is moving in a downwards direction, that will be an indication that the number of traders buying it are more than the number of sellers selling it. Because of this, the Bitcoin market will prefer to move downwards with few sellers selling it so that it can profit with them and make those many buyers make some losses. Since the beginning of this week, the Bitcoin market has shown a potential bullish condition which can continue until the week ends. This bullish condition can further be explained as below;

1. Bitcoin bullish market based on traders behaviour

In a bullish condition, the Bitcoin market will be considered to be moving in an upwards direction. On Monday the 9th of March 2020, the Bitcoin market started trading at around $7600. By Tuesday the same week, the price had managed to rise all the way to around $8100 which was followed by a decrease to $7700 on Wednesday and has managed to maintain around there. The increase in price all the way to around $8100 was due to the number of sellers exceeding the number of buyers of Bitcoin. Because of this, the Bitcoin market moves upwards with those few buyers all the way to $8100 as indicated above so that it profits with them and makes many sellers make some losses. Here is the chart for Bitcoin market;

The above represents the Bitcoin market in terms of USDT. Two points are being indicated . There is point A and point B. Before point A, the Bitcoin market can be seen to be moving in an upwards direction all the way to around $8100. This upward trend has been due to the number of sellers selling a given amount of Bitcoin being more than the number of buyers buying a given amount of Bitcoin with their USDT balance. Because of this, the Bitcoin market profits with those few buyers and makes many sellers make some losses. The number of buyers then exceeds the number of sellers thus causing the Bitcoin market to slightly moves downwards to point A at around $7700 where it slightly profits with those few sellers and makes many buyers to slightly make some losses. At point A, the number of sellers again exceeds the number of buyers thus causing the market to again gains an upward pressure where it moves upwards with few buyers to above $8000 where it profits with them and makes many sellers make some losses. In on week time, if the number of sellers will continue exceeding the number of buyers, then there is possibility of the market to continue moving upwards all the way to around $9000 after which the market will resist and reverse to start moving downwards. If you had previously purchased some Bitcoin with your USDT balance and you are still holding them, you can either sell them at current market price of $8100 or you can wait for the market to reach $9000 so that you sell them around there and make more profit since from there, the market will start moving downwards

Summary

Since the beginning of Monday, the 9th of March 2020, the Bitcoin market started trading at around $7600. The market then rises all the way to around $8100 on Tuesday. This increase in price has been due to more number of sellers than buyers thus causing the market to move with few buyers upwards so that it profits with them and makes many sellers make some losses. Therefore, we can say that when the number of buyers are more than the number of sellers, the Bitcoin market will gain an upwards pressure to move with few buyers . On the other hand, when the number of buyers are more than the number of sellers, the market will gain a downwards pressure where it will move downwards with few sellers .

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