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

2019-3-29 12:30

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 Justin Sun have been battling it out on Twitter.

Ethereum [ETH] – 1 day chart

At press time, ETH was valued at $139.31 with a market cap of $14.68 billion. It noted a 24-hour trading volume of $4.50 billion, while noting a fall of 0.30% over the past day. ETH noted a seven-day growth of 1.73%.

Source: TradingView

According to the long-term chart of Ethereum [ETH], a massive downtrend was observed in its prices. The price of Ethereum dipped from $228.45 to $157.55. The price of the coin did manage to rise from $83.51 to $133.26 however, with immediate resistance marked at $157.55 and support at $103.22.

Bollinger Bands marked a bullish trend as the moving average line aligned under the candlesticks. The bands appeared to have converged, indicating reduced volatility in the market.

Awesome Oscillator pointed towards a weakened bullish momentum.

Chaikin Money Flow marked a bullish market as the marker stayed above the zero mark.

 

Tron [TRX] 1 day chart

At press time, Tron was valued at $0.0237 with a market cap of $1.58 billion. It registered a 24-hour trading volume of $234 million, while noting a growth of 1.71% over the last 24 hours. TRX noted a seven-day hike of 5.11%, but was dropping by 0.20% over the hour.

Source: TradingView

According to TRX’s long-term chart, a downtrend was seen from $0.0215 to $0.0119. This was followed by a gradual uptrend from $0.0128 to $0.0226. TRX marked immediate resistance at $0.0246, followed by another strong resistance at $0.0294. TRX marked support at $0.0215.

Parabolic SAR indicated a bullish market as the markers were aligned under the candlesticks.

MACD line was over the signal line, marking a bullish reign.

Relative Strength Index indicated that the buying and selling pressures evened each other out.

Conclusion 

According to the long-term charts for Ethereum and Tron, a bullish ride was forecast for the two cryptocurrencies.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: Coins steady as they ride the bull together appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3771.84 (+0.36%)
Объем 24H $14.42b
Изменеия 24h: -0.65 %, 7d: -3.33 %
Cегодня L: $0 - H: $3776.81
Капитализация $453.175b Rank 2
Цена в час новости $ 141.39 (2567.69%)

ethereum tron trx eth market coins largest

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


Фото:

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


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