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.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3580.16 (+0.04%)
Объем 24H $36.338b
Изменеия 24h: -1.24 %, 7d: 8.85 %
Cегодня L: $3523.8 - H: $3665.21
Капитализация $431.202b Rank 2
Цена в час новости $ 256.5 (1295.77%)

eth trx ethereum suit follows billion price

eth trx → Результатов: 126


Ethereum [ETH/USD] and Tron [TRX/USD] Price Analysis: Price consolidation becomes apparent even as market momentum becomes positive

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