Ethereum [ETH] and Tron [TRX] Price Analysis: Bears slow coins’ pace as their value drop

2019-6-10 20:30

Ethereum [ETH], the strongest altcoin in crypto-verse was priced at $243.07 after a fall by 2.38%; the trading volume for ETH was recorded at $7.06 billion over 24 hours, while its market cap stood at $25.86 billion, according to CoinMarketCap.

Tron was valued at $0.032, as the market cap was recorded at $2.143 billion, at press time. According to CoinMarketCap, TRX fell to 12th rank on the list with a dip of 3.203% over the 24-hour cycle.

1-Day ETH

ETH saw resistance line at $271.24. The uptrend started at $155.94 and ended at $264.94 as support line was positioned at $240.26.

Source: TradingView

Bollinger Bands demonstrated decreased volatility as the bands were squeezing.

Parabolic SAR revealed that markers were seen above the candles, pointing towards a bearish market.

MACD exhibited a bearish signal line crossover as the MACD line crossed underneath the signal line.

1-Day TRX

TRX saw three major uptrends from $0.029 to $0.031, $0.030-$0.035 and $0.035-$0.038, with opposition from resistance line at $0.038. Support line for TRX was positioned at $0.031.

Source: TradingView

Bollinger Bands were diverged pointing towards increased volatility rate in the market.

Parabolic SAR exhibited a bearish trend as the markers were placed above the candles.

MACD presented a bearish signal line crossover as the MACD line crossed beneath the signal line.

Conclusion

ETH and TRX coins revealed a bearish momentum in the crypto market.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: Bears slow coins’ pace as their value drop appeared first on AMBCrypto.

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Ethereum (ETH) на Currencies.ru

$ 3807.72 (-1.08%)
Объем 24H $32.12b
Изменеия 24h: 3.05 %, 7d: 28.52 %
Cегодня L: $3731.37 - H: $3938.97
Капитализация $457.421b Rank 2
Цена в час новости $ 249.13 (1428.41%)

eth billion tron ethereum recorded drop market

Источник: ambcrypto.com

eth billion → Результатов: 126


Ethereum [ETH] and Tron [TRX] struggle to get out of the coin market’s bear hug

Ethereum, the largest altcoin, stood firm in the face of a turbulent coin market, whereas Tron [TRX] moved a notch up from its 12th position to the 11th position, on cryptocurrency charts. 1 Day ETH chart Ethereum [ETH] recorded a 24 hour trading volume of over $9 billion, with its market cap around $26 billion, […] The post Ethereum [ETH] and Tron [TRX] struggle to get out of the coin market’s bear hug appeared first on AMBCrypto.

2019-6-6 20:00


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