Ethereum [ETH] and Tron [TRX] Price Analysis: Coins bullish despite imminent bearish move

2019-5-25 15:30

After the delay of the Programmatic Proof of Work audit, Ethereum’s most controversial upgrades, ETH is still under uncertain lens in terms of market trend. The second largest cryptocurrency heaved a sigh of positive relief with the introduction of Switch for non-custodial trading by Kava Labs. Ethereum [ETH] was priced at $250.78, with a market cap of $26 billion. The trade volume came up to $9.6 billion, out of which LATOKEN contributed 5.19% via the ETH/BTC pair. ETH saw a gain of 0.95% in the past 24 hours, at press time.

Tron [TRX], which recently announced a partnership with Bitpie to aid start-ups, was priced at $0.0281, with a market cap of $1.8 billion. The 24-hour trade volume came up to $741 million, out of which Fatbtc contributed 8.17% via the TRX/ETH pair. TRX saw a gain of 0.21% in the last 24 hours, at press time.

1-day ETH

Source: TradingView

The one-day chart of ETH showed an uptrend from $264.1566 to $160.7751. The support point stood at $104.5560, which was tested in February 2019, and $161.8582 was the previous resistance point, which is now a support. The resistance point was at $262.6382.

Bollinger Bands showed the bands diverging, indicating volatility in prices.

Relative Strength Index displayed the buying pressure to be more, indicating a bullish trend.

MACD indicator showed a bullish trend, but a bearish crossover was imminent as the MACD line was about to cross the signal line.

1-day TRX

Source: TradingView

The one-day chart of TRX showed an uptrend from $0.0128 to $0.0234. The support points were at $o.0128, which was tested in December 2018, and $0.0224, which was tested multiple times earlier this year. The resistance points were seen at $0.02786 and $0.03084

Chaikin Money Flow showed an equilibrium between the inflow and outflow of capital.

MACD indicator showed a bullish trend as the MACD line was above the signal line, but directed downwards indicating an imminent bearish crossover.

Awesome Oscillator showed an increase in momentum, indicating a bullish trend.

Conclusion

The one-day charts of ETH showed a bullish trend with a hint of bearish momentum as indicated by the aforementioned indicators. The same can be said about TRX.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: Coins bullish despite imminent bearish move appeared first on AMBCrypto.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Ethereum (ETH) на Currencies.ru

$ 2263.15 (-0.43%)
Объем 24H $22.031b
Изменеия 24h: -1.18 %, 7d: -3.88 %
Cегодня L: $2240.09 - H: $2273.53
Капитализация $273.135b Rank 2
Цена в час новости $ 249.31 (807.77%)

eth ethereum imminent bearish market despite move

eth ethereum → Результатов: 126


Bitmine’s Ethereum Holdings Cross 4% Milestone After Latest Weekly Accumulation

Bitmine Immersion Technologies has pushed its Ethereum (ETH) exposure to new highs. The firm’s holdings surpassed 4% of the total ETH supply as it accelerates its accumulation strategy. In its latest update, the company revealed it acquired 71,524 ETH over the past week, its “highest pace of buys since the week of December 22, 2025.

2026-4-14 07:57


Ethereum falls after rally as EF sells $8.3M in ETH holdings

Ethereum price moved slightly early Thursday as fresh scrutiny hit with the Ethereum Foundation (EF)’s move to convert a significant portion of its treasury from ETH into stablecoins. While the announcement coincided with the volatile price action that followed the US-Iran ceasefire, the top altcoin’s value pared some of the gains to around the $2,180 level as on-chain data showed EF’s treasury had sold 3,750 ETH for over $8.

2026-4-9 14:29


Analysts Predict $4500 Valuation to Ethereum (ETH), Ethereum Foundation Push Staked ETH to 70K

In early April, the Ethereum Foundation made headlines by staking another $93 million worth of ETH in a single session, pushing its total close to the 70,000 ETH target. This move highlights growing confidence in the network’s long-term strength after the successful Pectra upgrade and ahead of the anticipated Glamsterdam hard fork.

2026-4-7 01:00


Фото:

ICYMI: Ethereum Co-Founder Has Been Moving ETH To Exchanges, Here’s How Much

On-chain data has identified a massive ETH transfer linked to Ethereum co-founder Jeffrey Wilcke, raising immediate concerns about potential insider selling pressure on the already fragile market. Blockchain analytics platform Arkham Intelligence flagged the large-scale transaction, drawing widespread attention across the crypto community.

2026-3-12 22:00


Ethereum Foundation планирует блокировку в стейкинге 70 000 ETH

Некоммерческая организация Ethereum Foundation (EF) приступила к стейкингу части казначейских средств. Первая транзакция составила 2016 ETH. На первом этапе фонд суммарно заблокирует 70 000 ETH. Все доходы направят на поддержку экосистемы второй по капитализации криптовалюты: финансирование исследований и гранты для сообщества.

2026-2-25 13:51