Ethereum [ETH] and Tron [TRX] Price Analysis: ETH rides bull wave while TRX follows suit

2019-5-18 00:30

Ethereum [ETH] fell by 9.36% over the last 24 hours. The partnership with Bosch might bring some relief to ETH in the future. The second largest coin was priced at $230.09, with a market cap of $24.4 billion. The 24-hour trade volume came up to be $16.7 billion out of which, EXX contributed 3.23% via ETH/USDT pair.

Tron, which recently launched new privacy features called zk-SNARKs, was priced at $0.0256 with a market cap of $1.7 billion. The ‘Ethereum Killer’s’ 24-hour trading volume was $910 million out of which, OKEx contributed 8.35% via TRX/USDT pair.

1-Day ETH

Source: TradingView

The one-day chart for ETH showed an uptrend from $178.23 to $263.09. The support points stood at $83.89, $127.34, $146.53 and $180.38.

The Chaikin Money flow indicator showed a bullish trend as the flow of capital into the market was more than the outflow.

The MACD indicator showed a bullish crossover.

The Relative Strength Index also showed a bullish trend since buying pressure was overpowering selling pressure.

1-Day TRX

Source: TradingView

The one-day chart for TRX showed an uptrend from $0.012 to $0.023.

The Parabolic SAR showed a bullish trend as the dotted markers were formed under the candlesticks.

The Chaikin Money Flow indicator showed a bullish trend as the CMF indicator stood over the zero line, indicating the flow of capital into the market being more than the outflow. However, since the CMF was falling, a reversal in trends may be expected.

The Awesome Oscillator indicator suggested short term momentum being greater than the long term momentum, indicating a bullish trend.

Conclusion

The one-day chart for ETH and XRP showed a bullish trend, as indicated by the aforementioned indicators.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: ETH rides bull wave while TRX follows suit appeared first on AMBCrypto.

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Ethereum (ETH) на Currencies.ru

$ 3051.58 (+1.02%)
Объем 24H $14.09b
Изменеия 24h: 1.32 %, 7d: 0.55 %
Cегодня L: $0 - H: $3051.58
Капитализация $366.557b Rank 2
Цена в час новости $ 256.5 (1089.7%)

eth trx ethereum suit follows billion price

eth trx → Результатов: 126


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Биткоин занял 15-е место в очередном 11-м выпуске китайского рейтинга криптовалют

Биткоин, в последнем спонсируемым правительством Китая рейтинге криптовалют занял только 15-ю место, в то время, когда за EOS сохранилось ее первое место, Тron (TRX) занял второе, обогнав Ethereum (ETH) в феврале.

2019-3-23 16:41