Tron (TRX) Price Analysis: expert crypto panel at finder forecast a 27% drop down to 1 cent

Tron nursing losses of some 3% in the latter stages of trading on Wednesday, inline with a market sell-off.
Expert panel from the latest finder cryptocurrency report, expect Tron to just be 1 cent by January 2019.

Ken Chigbo Independent Analyst

Tron price on Wednesday was nursing losses of around 3%, in resumption of blood shed seen across the crypto market. Failing to sustain any upside seen, rallies continue to be sold in a fast fashion by the bears.

In the latest cryptocurrency report released by finder, their panel of crypto experts median forecast for the Tron price, is to drop down to $0.01. This is anticipated by January 1st 2019, which would mean a drop of 27% from the current price level at the time of writing.

One of the analysts in this month’s report, Miko Matsumura, says:

“TRON pumped to 17B before it shipped anything. TRON will probably ship something before it’s over, but it doesn’t make it a good buy.”

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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