With the price rise of Bitcoin, the crypto-market has done well. Ethereum is holding a strong position at number two. The price of ETH stood at a price of $254.04, with a market cap of $26 Million. TRX stood at the eleventh position and was priced at $0.9105, with a market cap of $1.755 Million.
Ethereum [ETH] 1 Day
Resistance line for the crypto stood at $251.05 and the support line was at $100.11. The downtrend line started from $823.87 and goes all the way down to $252.99. The uptrend line started from $85.98 to 105.23 and the second uptrend line started at 105.23 to 153.66.
The Bollinger Bands indicator showed expanding bands, implying a surge in volatility.
The Awesome Oscillator indicated bullish buying opportunity and showed that the short-term momentum was rising faster than the long-term momentum.
The Relative Strength Index crossed the 70 line mark, indicating high buying pressure in the market.
Tron [TRX] 1 Day
The Resistance line stood at $0.09148 and the support line at 0.01750.
The dotted markers of the Parabolic SAR were seen below the candlesticks, indicating a bullish trend for TRX.
The MACD line was seen crossing over the Signal line to the upside, which is a bullish crossover.
The Chaikin Money Flow was above the zero-line, signaling that money was flowing into the market.
ETH and TRX were on a bull ride, as signaled by indicators, Parabolic SAR, MACD, Chaikin Money Flow, Awesome Oscillator, Relative Strength Index, and Bollinger Bands
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