ICO News

Ethereum [ETH] vs Tron [TRX] Price Analysis: Bull run expedites coins’ market momentum – AMBCrypto News

XRP, the third largest digital currency, was priced at $0.412. After rising by 7.81% over the last 24 hours, the coin’s market cap was estimated to be around $17.30 billion and the 24-hour trading volume was $2.202 billion.

At press time, Stellar Lumens [XLM] was priced $0.132, rising by 6.58% over 24 hours. It had a market cap of $2.566 billion and recorded $428.350 million in trading volume.

1-Day XRP

Resistance stood at $0.458, as XRP saw a downtrend from $0.455 to $0.408. Support lines were positioned at $0.371 and $0.285, respectively.

Source: TradingView

Source: TradingView

Bollinger Bands showed that bands were diverging, indicating increased volatility in the market.

Parabolic SAR had the dotted markers above the candlesticks, presenting a bearish trend in the market.

MACD indicator presented a bullish crossover

1-Day XLM

Stellar Lumens [XLM] saw an uptrend from $0.132 to $0.142 and a downtrend from $0.142 to $0.135 in the past two weeks. Resistance stood at $0.143, along with support lines which stood at $0.115 and $0.091, respectively.

Source: TradingView

Source: TradingView

Relative Strength Indicator pictured an overbought market.

Awesome Oscillator showed that short-term momentum was greater than the long-term momentum, pointing towards bullish buying opportunity.

Chaikin Money Flow indicator was positioned well above the zero-line, showcasing that money flowing into the market was higher than the capital flowing out of it.


While both coins remained bullish, some bearish activity had stalled the bulls’ momentum somewhat.


Leave a Reply