Ethereum [ETH] and Tron [TRX] Price Analysis: Bears gradually gain control of both ETH and TRX

2019-4-14 22:30

Ethereum and Tron’s communities are both involved in developing DApps that have various utilities, but work on cryptocurrency’s underlying technology, blockchain.

Ethereum led the way with DApps, but failed to scale due to excessive users that surged into its use. However, Tron has been slowly succeeding where Ethereum failed. Tron’s transactions exceeded that of Ethereum and reached an all-time high of 4.27 million, going to show the efficiency of Tron in the face of competition.

Ethereum 1 day chart

Source: TradingView

Support 1: $80.72
Resistance 1: $181.63
Resistance 2: $248.64
Resistance 3: $318.18
Resistance 4: $478.76

The Bollinger Bands showed that the widening of the bands continued, indicating that there was volatility in the market. The price seemed to have recovered falling towards the simple moving average, which indicated bearish momentum for ETH.

The Chaikin Money Flow indicator was crawling towards the zero-line, indicating that the strength of buyers was diminishing slowly.

The Stochastic RSI showed that the Stochastic line had dipped into the oversold zone, indicating bearish momentum for ETH.

Tron 1 Day

Source: TradingView

Support 1: $0.0119
Resistance 1: $0.0267
Resistance 2: $0.0396

For TRX, the Bollinger Bands were slowly converging. TRX’s price bounced just before hitting the simple moving average, indicating slight bullish momentum.

The Chaikin Money Flow indicator crossed the zero-line, implying a reduction in the money flow. However, the CMF line was recovering, at press time.

The Stochastic RSI for Tron showed a similar pattern as that of Ethereum i.e., a strong bearish crossover that hit the oversold zone.

Conclusion

ETH and TRX prices were being pushed by bearish pressure, a projection confirmed by Chaikin Money Flow, Bollinger Bands, and Stochastic RSI.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: Bears gradually gain control of both ETH and TRX appeared first on AMBCrypto.

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ethereum tron trx eth both failed dapps

Источник: ambcrypto.com

ethereum tron → Результатов: 126


Фото:

Ethereum Grows Weaker As More Than Half Of Tether’s $62 Billion Supply Now Sits On Tron

Ethereum and Tron have had a history of contention. Offering similar services, the two blockchain networks have been going head to head in several measures of blockchain success. Even their founders, Vitalik Buterin of Ethereum, and Justin Sun of Tron have taken jabs at each other online severally. In the past year, the rivalry has […]

2021-7-24 23:47


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Джастин Сан готовится к официальному сотрудничеству с Ethereum и запуску USDT-Tron

Создатель и глава Tron Джастин Сан (Justin Sun) в интервью подкасту The Crypto Chick заявил, что видит в конкуренции с Ethereum потенциальные возможности для криптоиндустрии в целом, а также стимулы для появления на рынке лучшего продукта – и в этом году его проект начнет “официально сотрудничать” с Ethereum.

2019-4-8 10:12


Tron CEO Trolls (?) Vitalik, Teases Unlikely Ethereum Alliance

Tron founder and CEO Justin Sun recently announced on the CryptoChick podcast that his crypto project would be officially collaborating with Ethereum. Wait, what? Justin Sun: Tron Will Collaborate with Ethereum This Year Justin Sun appeared on an episode of Rachel Wolfson’s TheCryptoChick podcast this week where he discussed the launch of the Tether stablecoin on Tron.

2019-4-8 01:00


Ethereum [ETH] and Tron [TRX] Price Analysis: Coins steady as they ride the bull together

Many cryptocurrencies surged after the market rejoiced in the presence of the bull. However, the bull seemed to have left the market as major coins acquired new normalcy. While, Ethereum [ETH], the second largest cryptocurrency and Tron [TRX], the eleventh largest cryptocurrency, were battling it out in the coin market, Ethereum’s Vitalik Buterin and Tron’s […] The post Ethereum [ETH] and Tron [TRX] Price Analysis: Coins steady as they ride the bull together appeared first on AMBCrypto.

2019-3-29 12:30


Tron’s Justin Sun to Ethereum’s Vitalik Buterin; “Don’t think Ethereum transaction volume will ever catch up to TRON’s again.”

Cryptocurrency developers are not one to keep mute, especially when their token hit a major milestone. Justin Sun, the founder of the world’s 11th largest cryptocurrency by market capitalization is still in excitement over the consistency in trading price that has overthrown the world’s second largest cryptocurrency Ethereum.

2018-11-10 15:27


Сеть Tron в 80 раз быстрее, чем Ethereum

На днях Джастин Сан заявил, что скорость транзакций в сети Tron составляет 1200 т/с, что в 80 раз быстрее аналогичного показателя в блокчейне Ethereum. Такие успехи стали возможны благодаря новому партнерству с BitTorrent, сообщает The Daily Hodl.

2018-7-29 12:14


Разработчики Tron частично скопировали код Ethereum и других проектов

Исследовательская компания Digital Asset Research обнаружила, что код Tron был частично скопирован из других криптовалютных проектов. Строки кода взяли из Ethereum, при этом факт заимствования попытались замаскировать.

2018-6-22 16:00


Фото:

Обзор событий на рынках криптовалют за 16.01.2018

Серьезная коррекция на криптовалютном рынке. Исключением являются: NEO и Monero, все 20 топ криптовалют подешевели. Криптовалюты, которые потеряли вес более чем на 10 процентов: Ripple, Cardano, Bitcoin Cash, Stellar, EOS, Dash, Tron, Bitcoin Gold и Ethereum Classic.

2018-6-22 15:10


TRON Foundation сожжет 1 млрд токенов TRX после запуска основной сети

Разработчики криптопроекта TRON подтвердили, что в период с 21 по 25 июня токены TRX будут переведены с блокчейна Ethereum в основную сеть. Пользователи не смогут выводить токены с криптобирж, пока не будет сделан снимок балансов по их счетам, закончены работы по переводу средств и разморожены операции по их внесению и выводу.

2018-6-22 12:22


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