Home Tron’s Seedit- P2P payment and reward platform to launch on Twitter: TRX/USD loses steam above $0.022
Crypto News

Tron’s Seedit- P2P payment and reward platform to launch on Twitter: TRX/USD loses steam above $0.022

  • Tron’s Seedit is tailored towards empowering content creators, bloggers, musicians, and authors.
  • TRX/USD has recovered from the dip that broke the major support at $0.020 and formed a low around $0.0198.

Tron founder Justin Sun today shared on his Twitter that the network is planning to launch P2P payment and reward system on Twitter. This system is similar to the P2P fiat payment system that Whatsapp has been testing for its users. However, Tron’s Seedit crypto platform will be launched on another social media platform, Twitter. This platform will give users on Twitter the ability to send and receive Tron’s token TRX from anywhere in the world.

It is essential to note that Tron’s Seedit is not like a regular P2P system but it is tailored towards empowering content creators, bloggers, musicians and authors among others. Seedit News recently announced on Twitter that:

“Seedit has been tested on Twitter and is ready for launch. Soon you’ll be able to #GoSeedit $TRX to your favorite bloggers, authors, musicians, and family!”

Seasameseed, a blockchain firm that offers fair and transparent participation in the crypto industry block generation and a Tron Super Representative is the creator of Seedit. The firm is currently focusing on providing Tron users with a faster and secure way of rewarding their favorite content creators, friends as well as family with TRX.

Tron price analysis

Tron is currently trimming gains after a brief surge that occurred after the open of the trading session on Tuesday 22. TRX/USD has recovered from the dip that broke the major support at $0.020 and formed a low around $0.0198. The recovery, had, however, been limited below the resistance at $0.0215.

The trading activities yesterday were pivotal at $0.0205 but the 100-day 15-minutes chart supported the price before the spike mentioned above. The bullish trend overcame the resistance at $0.0215 stepping above $0.0220 came close to $0.0225 but lost momentum. TRX/USD turned bearish canceling most of the gains accrued on the day, besides the bulls are battling to keep the sellers at bay as they seek support marginally above $0.0210.

The outlook of the chart is slightly positive in spite of the stochastic ranging in the oversold region, although shows signs of upward movement. The 100 SMA will offer support if the short-term $0.021 support is broken. A stronger support is seen at $0.0205 while the primary support at $0.020 is still within reach but will hold ground.

TRX/USD 15-minutes chart

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.