Ethereum [ETH] v. Tron [TRX] Price Analysis: ETH in a bear hug while TRX struggles to keep pace with the bull

2019-6-6 18:30

Ethereum [ETH], the largest altcoin on CoinMarketCap, has been favored by big tech companies like Microsoft, which recently announced an open-source formal verification tool for Solidity smart contracts.

Tron on the other hand, is upbeat after news broke out that CEO Justin Sun was attending a charity lunch with legendary investor, Warren Buffett. It was positioned 11th on cryptocurrency charts, with the coin primed to overtake Stellar Lumens [XLM] on the basis of market cap.

1 Day ETH chart

Source: TradingView

The 24-hour trading volume for ETH was recorded at $8 billion, while its market cap was sighted at $26 billion. ETH was priced at $245.47, at press time.

An uptrend was recorded from $150.14 to $265.90, with resistance at $272.08 and support at $81.59.

Bollinger Bands indicated squeezing volatility in the market.

The Aroon indicator depicted sideways movement for the coin, at press time.

Awesome Oscillator denoted a falling momentum in the ETH market.

1 Day TRX chart

Source: TradingView

The 24-hour trading volume for Tron was almost $860 million, while the market cap was recorded at over $2 billion. TRX was priced at $0.033, at press time.

An uptrend was noted from $0.0130 to $0.0233, with resistance at $0.0385 and the support at $0.0117.

Parabolic SAR suggested a bullish market, as the dotted markers were sighted below the candles.

The MACD indicator was over the signal line, at press time. However, a bearish crossover was imminent.

Klinger Oscillator indicated a bearish market.

Conclusion

ETH was firmly in the bears’ domain, while TRX seemed to be nearing the end of its bullish curve.

The post Ethereum [ETH] v. Tron [TRX] Price Analysis: ETH in a bear hug while TRX struggles to keep pace with the bull appeared first on AMBCrypto.

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Ethereum (ETH) на Currencies.ru

$ 3124.68 (+0.04%)
Объем 24H $10.429b
Изменеия 24h: 0.16 %, 7d: 8.70 %
Cегодня L: $3055.33 - H: $3131.6
Капитализация $375.358b Rank 2
Цена в час новости $ 249.13 (1154.24%)

eth trx ethereum tron analysis price pace

Источник: ambcrypto.com

eth trx → Результатов: 126


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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


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


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