Ethereum [ETH] and Tron [TRX] Price Analysis: Ethereum’s bullish momentum wanes while bears control Tron

2019-4-12 14:30

Ethereum, the second largest cryptocurrency in the world, has been consistently facing competition from Tron. Ethereum has been struggling to scale, which has contributed to a lot of users migrating to Tron, even after Ethereum’s Constantinople update.

Tron has been doing well, with several developments in the ecosystem like, Tron and USDT partnership, the launch of Sun Network etc.

Ethereum 1 day chart

Source: TradingView

Support 1: $80.72
Resistance 1: $181.63
Resistance 2: $248.64
Resistance 3: $318.18
Resistance 4: $478.76

Bollinger Bands showed a widening of the band, indicating the influx of volatility into the market. The price was moving closer to the simple moving average, which indicated that bullish momentum was waning.

The Chaikin Money Flow indicator crossed the 0.2 line and was dropping, nearing the zero-line. This indicated a reduction in the money flow.

The Stochastic RSI indicated a bearish crossover after reaching an oversold zone.

Tron 1 day chart

Source: TradingView

Support 1: $0.0119
Resistance 1: $0.0267
Resistance 2: $0.0396

Bollinger Bands showed a similar scenario to that of Ethereum’s i.e., widening of the bands which indicated the influx of volatility in the Tron market. The price for TRX moved below the simple moving average, indicating bearish momentum.

The Chaikin Money Flow indicator crossed the zero-line, implying a reduction in the money flow and transfer of power from the buyers and into the hands of the sellers.

The Stochastic RSI for Tron showed an extended drop of the bearish crossover, about to hit the oversold zone.

Conclusion

The technicals for Ethereum looked like they might follow Tron’s lead. The indicators for Ethereum were lagging. Ethereum was partially bullish, when compared to Tron, as indicated by the Bollinger Bands, CMF, and Stochastic indicators.

The post Ethereum [ETH] and Tron [TRX] Price Analysis: Ethereum’s bullish momentum wanes while bears control Tron appeared first on AMBCrypto.

origin »

Ethereum (ETH) на Currencies.ru

$ 3213.04 (+0.12%)
Объем 24H $24.479b
Изменеия 24h: 2.69 %, 7d: 0.55 %
Cегодня L: $3101.86 - H: $3222.77
Капитализация $387.224b Rank 2
Цена в час новости $ 169.78 (1792.47%)

tron ethereum control eth bears price trx

Источник: ambcrypto.com

tron ethereum → Результатов: 126


Пользователи криптовалют предпочитают Ethereum TRON

Джастин Сан, генеральный директор фонда TRON, проводивший опрос, в котором спрашивали пользователей, что они предпочитают: появление Tron 4. 0 или Ethereum 2. 0. ТРОН 4. 0 против Эфириума 2. 0! Какой из них лучше Более 70% пользователей выбрали блокчейн Ethereum, а не TRON, несмотря на то, что разработка ETH 2.

2020-5-26 11:51


Фото:

Мнение: уже через год TRON перехватит лидерство у Ethereum

Разработчик биткоина Уди Вертхаймер заявил, что TRON в течение приблизительно года превзойдет Ethereum в качестве лидирующей платформы для децентрализованных приложений. В ответ его заподозрили в троллинге.

2019-11-15 20:43


Tron’s popularity shoots up on Github as Ethereum, EOS get left in the dust

Tron’s influence in the space was made evident after its DApp industry dominated its closest rivals, EOS and Ethereum. This clear disparity in DApp numbers has predominantly been the main reason why Tron has shot into the limelight and also why Tron’s parameters are equally, if not more, comparable to that of bigwigs like the […] The post Tron’s popularity shoots up on Github as Ethereum, EOS get left in the dust appeared first on AMBCrypto.

2019-6-18 14:00


Фото:

EOS, Tron и Ethereum сохранили лидерство в новом китайском рейтинге криптовалют

Центр по развитию индустрии информационных технологий Китая (CCID) опубликовал одиннадцатый рейтинг криптовалют, в котором по-прежнему лидирует EOS, а на втором месте — Tron. Об этом сообщает Bitcoin.

2019-3-22 17:09


Противостояние Tron и Ethereum: кто круче?

Между двумя гигантами рынка, Tron и Ethereum, произошла война, хотя она и не была громкой. Эта война возникла в результате агрессивного продвижения Tron в криптопространстве, когда тот перешел от работы на платформе Ethereum к своей собственной платформе.

2019-2-1 21:51


Place Tron (TRX) 4th in Coinmarketcap and Have an Ecosystem Larger Than Ethereum: 2 of The Goals for 2019 set by Justin Sun

Tron seems to be one of the most successful cryptos regarding media presence and technology development. Since its creation, the blockchain oriented to the decentralization of contents through the internet has gained more supporters every time, making it one of the ten most important cryptocurrencies of the global market cap.

2019-1-5 07:42


Tron Almost Tripled Ethereum’s Transaction Number, “TRON will grow by 400% in December” Justin Sun Says

Two days ago, the TRON (TRX) team published a post with their latest updates, commenting that now in some aspects, Tron (TRX) can far surpass Ethereum. This common practice followed by TRON prevents users from feeling detached from the community by updating them not only on the achievements but also on the state of the […] The post Tron Almost Tripled Ethereum’s Transaction Number, “TRON will grow by 400% in December” Justin Sun Says appeared first on Ethereum World News.

2018-12-6 22:42


Фото:

Основатель Tron переманивает клиентов Ethereum

Джастин Сан, генеральный директор и основатель Tron Foundation, призывает разработчиков не создавать dApp-приложения на блокчейне Ethereum, а переходить на блокчейн Tron.

2018-9-25 09:30


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Tron (TRX) Bounces by 45% After June 15 Lows

Tron (TRX) has regained its footing after a decrease as a result of its USDD de-peg, but concerns about its viability still remain. The post Tron (TRX) Bounces by 45% After June 15 Lows appeared first on BeInCrypto.

Will TRX Increase After Inclusion in PancakeSwap Pool?

Tron (TRX) has broken out from a long-term resistance area that had previously been in place for more than two years. It is currently consolidating in anticipation of another upward movement. The post Will TRX Increase After Inclusion in PancakeSwap Pool? appeared first on BeInCrypto.

TRON (TRX) Moves Above Major Weekly Resistance

TRON is expected to be successful in closing above this resistance and gradually move towards the target levels outlined below.   TRON Long-Term Breakout TRX has been on an upward movement since reaching a three-year low in March 2020.

Will TRON (TRX) Finally Break Out Above $0.04?

TRX is expected to eventually be successful in breaking out from this area and begin moving towards higher resistance levels.   TRX Long-Term Resistance The TRX price has been trading below the $0.