Ethereum [ETH] and Tron [TRX] Price Analysis: Bulls attempt to re-enter market as bears start to buckle

2019-5-1 14:30

Ethereum [ETH] and Tron [TRX] demonstrated a minor hike in prices as the tokens resisted the bearish assault. At press time, Ethereum was priced at $169.13 and was surging by $3.17 percent against the US dollar. The market capitalization recorded was around $17.13 billion.

Tron [TRX] witnessed a more impressive growth, hiking by 6.36 percent.  The token was valued at $0.024 and the market capitalization recorded was around $1.6 billion. The trade volume over the past 24 hours remained at $681 million.

Ethereum one-day chart

Source: Trading View

Ethereum’s [ETH] one-day chart suggested that its price was consolidating sideways. The support line remained at $105.78 and the resistance line was scaled at $181.84. The uptrend extended from $140.05 to $180.78 and it was followed by another uptrend, taking the valuation from $162.72 to $170.47.

The Bollinger Bands indicated a volatile period for the coin as the bands were diverging on the chart.

The MACD line was below the red line in the chart, pointing towards a bearish trend. However, a possible trend reversal may be seen in the near-term.

The Fisher Transform signaled a bullish trend for the token since the blue line was hovering over the red line.

Tron one-day chart

Source: Trading View

Tron’s one-day chart exhibited an uptrend which stretched the valuation from $0.0245 to $0.0308, followed by a downtrend from $0.0300 to $0.0248. Strong resistance was exhibited at $0.0309 and the long-term support was seen at $0.0214.

The Parabolic SAR exhibited a bearish trend for the token as the dotted markers were above the candlesticks.

The Awesome Oscillator suggested bullish momentum for the token, but the trend was predominantly bearish at press time.

The Relative Strength Index implied a neutral trend as the buying pressure and selling pressure had evened each other out.

Conclusion

The charts remained predominantly bearish for both tokens, but the indicators suggested that a change in trend can be expected in the upcoming period.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: Bulls attempt to re-enter market as bears start to buckle appeared first on AMBCrypto.

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Ethereum (ETH) на Currencies.ru

$ 3722.73 (-0.16%)
Объем 24H $16.635b
Изменеия 24h: -2.27 %, 7d: -2.49 %
Cегодня L: $3707.75 - H: $3792.31
Капитализация $447.247b Rank 2
Цена в час новости $ 160.2 (2223.8%)

trx ethereum tron eth market percent bears

Источник: ambcrypto.com

trx ethereum → Результатов: 126


Ethereum [ETH] and Tron [TRX] Price Analysis: Coins see slight bullish reprieve as sideways movement continues

The cryptocurrency market and its volatile movement have continued with the passage of time as several of the top coins have fallen into a bearish rut. Ethereum [ETH], the second largest cryptocurrency, which was expected to be “dead”, saw a slight resurgence in terms of price and market cap while Tron [TRX], its closest competitor […] The post Ethereum [ETH] and Tron [TRX] Price Analysis: Coins see slight bullish reprieve as sideways movement continues appeared first on AMBCrypto.

2019-4-30 14:30


Tron’s DApp Platform Records Highest Growth Rate, Yet TRX Price Still Nothing To Write Home About

The blockchain technology has been one industry that’s been attracting a lot of attention of late. Platforms like Ethereum, EOS, and Tron have become household names for dApp developers. However, these platforms are now embroiled in an unending battle for supremacy, with the current situation favoring Tron – at least according to a tweet by […] The post Tron’s DApp Platform Records Highest Growth Rate, Yet TRX Price Still Nothing To Write Home About appeared first on ZyCrypto.

2019-4-24 10:01


Ethereum [ETH/USD] and Tron [TRX/USD] Price Analysis: Price consolidation becomes apparent even as market momentum becomes positive

The cryptocurrency market’s volatile movement was put on show again as the prices bounced slightly in the bullish spectrum of the chart. The volatility was apparent throughout the entire market as cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and Tron [TRX] were all affected by the market fluctuations.

2019-4-17 13:15


Ethereum [ETH] and Tron [TRX] Price Analysis: Coins stumble as bear regains control of market

The cryptocurrency market’s return to the sideways movement pattern has discouraged many new investors and institutions from trying their hand at the field of digital assets. Popular cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], and Tron [TRX] were all subjected to this price clamp, as evidenced by the stagnation of their market volume and market cap.

2019-4-16 15:30


Разработчики DApps все еще выбирают Ethereum

Блокчейн-проект Tron (TRX) имеет наиболее быстро растущую пользовательскую базу децентрализованных приложений (DApps), однако платформа Ethereum, хотя и теряет пользователей, по-прежнему остается главным выбором для разработчиков.

2019-4-11 12:09


Фото:

Разработчики DApps по-прежнему продолжают выбирать Ethereum

Блокчейн-проект Tron (TRX) имеет наиболее быстро растущую пользовательскую базу децентрализованных приложений (DApps), однако платформа Ethereum, хотя и теряет пользователей, по-прежнему остается главным выбором для разработчиков.

2019-4-11 11:40


Исследование: разработчики децентрализованных приложений по-прежнему отдают предпочтение Ethereum

Блокчейн-проект Tron (TRX) имеет наиболее быстро растущую пользовательскую базу децентрализованных приложений (DApps), однако платформа Ethereum, хотя и теряет пользователей, по-прежнему остается главным выбором для разработчиков.

2019-4-11 11:17


EOS Sets PR for Its Network Activity Outperforming Peers Such as BTC, Tron or Ethereum

EOS, one of the largest blockchain networks in the market, has registered new records. In the last few days, the digital asset has experienced a very important growth. As reported by eoswriter.io, the network has established a new record for cryptocurrency actions, surpassing Bitcoin (BTC), Tron (TRX) and also Ethereum (ETH). EOS’ Blockchain Activity Increases […]

2019-4-8 00:18


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