TRON (TRX) Sees Mild Gians on a Down Market as it is Listed on LBANK

It’s https://www.investdiva.com/ ‘s Kiana with NewsBTC and here is your cryptocurrency update. On a day that most major cryptocurrencies in top 20 were down, TRON, which has been under criticism by the media, managed to end Wednesday with gains. The Singapore-based, non-profit organization and its founder, Justin Sun, have been under negative campaigns since TRON’s inception in September 2017. Most recently, Justin Sun got criticised regarding his “announcement of announcements” phenomenon. However, Justin was able to combat the critics on Wednesday by announcing that TRON’s token, TRX, has been added to LBANK.info exchange. LBANK is an exchange platform with a concentration on the Asian markets. In comparison to a lot of other Asian exchanges, LBANK offers one of the lowest trading fees at 0.10%. The exchange currently has approximately 50 tokens listed and TRX would be one of the bigger tokens listed to trade. When it comes to price action, TRX has not really been the hottest cryptocurrency out there. It started trading at $0.0849 on January 24, 2018, and bottomed out at $0.0297 beginning of February. Since then, it has had two failed attempts to break above the $0.0547 resistance level. Wednesday marked the third consecutive day of slightly bullish Spinning Top daily Candlestick, as TRX fought back an otherwise down market, with the positive news of being listed on LBANK. Immediate support lays at 0.0398. TRON ranks 15 in terms of coin market cap, and was up 1.57% on Wednesday. Thanks for watching, invest responsibly, and I’ll see you with more updates next time.

TRON (TRX) Sees Mild Gians on a Down Market as it is Listed on LBANK

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