Ethereum [ETH] and Tron [TRX] Price Analysis: ETH remains in neutral loop as TRX undergoes bullish move

2019-5-6 02:00

Ethereum [ETH] and Tron [TRX] witnessed devaluation as both tokens witnessed a minor fall in prices. At press time, Ethereum was dropping by 0.64 percent against the US dollar. The market capitalization recorded was around $17.2 billion, and the token was priced at $163.05.

Tron [TRX] witnessed a similar fall, declining by 1.33 percent. The token was valued at $0.024 and the market cap remained at $1.55 billion. The trade volume recorded over the past 24 hours was very healthy with around $670 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 $127.74 and the resistance line was scaled at $181.84. There were multiple uptrends extending the price from $139.87 to $181.27 and from $167.22 to $176.09.

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

The Fisher Transform appeared bullish for the token since the red line was hovering over the blue line.

The MACD line was below the red line in the chart, pointing towards a bearish trend.

Tron one-day chart

Source: Trading View

Tron [TRX] one-day chart exhibited an uptrend which stretched the valuation from $0.024 to $0.0307, followed by a downtrend from $0.029 to $0.0249. Strong resistance remained at $0.0309 and the long-term support was lined at $0.0224.

The Parabolic SAR was bullish for the token as the dotted markers remained below the candlesticks.

The Awesome Oscillator implied bullish momentum for the token as the green bars appeared on the chart.

The Chaikin Money Flow line was below the zero line, indicating that the capital was flowing out of the market.

Conclusion

Indicators for Ethereum implied towards a neutral trend for the token whereas a bullish trend was evident for Tron in the charts.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: ETH remains in neutral loop as TRX undergoes bullish move appeared first on AMBCrypto.

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trx eth ethereum tron witnessed fall move

Источник: ambcrypto.com

trx eth → 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


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


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


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 [TRX] transactions reach 3x that of Ethereum’s [ETH] all-time high, crosses 4.27 million transactions

On 26 March, 2019, the total number of transactions on the Tron blockchain hit an all-time high as it processed 4.27 million transactions in a period of 24 hours. Misha Lederman, a prominent member of the Tron community, tweeted, “#TRON processed 4,27 million transactions over the past 24 hours, setting a new record for the […] The post Tron [TRX] transactions reach 3x that of Ethereum’s [ETH] all-time high, crosses 4.27 million transactions appeared first on AMBCrypto.

2019-3-27 15:30


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