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You are here: Home / Archives for Dash

Dash

3 Hidden Gems: Discover the Potential of Tradecurve (TCRV), Helium (HNT), and Dash (DASH)

July 14, 2023 by Akash Anand

While popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) dominate the headlines, there are hidden gems that offer promising prospects for investors. In this article, we will uncover three such hidden gems: Helium (HNT), Dash (DASH), and Tradecurve (TCRV). These cryptocurrencies have flown under the radar but hold tremendous potential in their respective niches.

>>BUY TCRV TOKENS NOW<<

Helium (HNT) is on the move once more 

Helium (HNT) is a decentralized wireless network that allows devices to connect and communicate with each other, enabling the Internet of Things (IoT) revolution. Helium (HNT) operates on a novel concept called Proof-of-Coverage (PoC), where devices known as “hotspots” provide coverage and validate transactions. Hotspot owners are rewarded with Helium (HNT) tokens in return for their contributions.

In recent news, Coinbase Assets has announced Helium (HNT) as the most recent addition to the exchange’s listing roadmap. After this announcement, Helium (HNT) rose 6.8% on the weekly charts. 

Helium (HNT) is trading hands at $1.35 with a market cap of $195M, which is a drop of 0.42% in the last 24 hours. The moving averages and technical indicators of Helium (HNT) are showing green, causing experts to forecast a rise to $1.50 soon. 

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Dash (DASH) holders grow more optimistic 

Dash (DASH), short for “Digital Cash,” is a cryptocurrency that aims to provide fast, secure, and private digital transactions. Unlike some of its peers, Dash (DASH) focuses on improving usability and real-world adoption by offering features like InstantSend and PrivateSend. These features enhance transaction speed and privacy, making Dash (DASH) a versatile digital currency for everyday use.

Recently, the SEC classified Dash (DASH) as a security. This information was revealed during Bittrex’s attempt to dismiss a lawsuit brought against them, shocking and perplexing the Dash (DASH) community. 

At the moment, Dash (DASH) has a value of $35.04 with a market cap of $397M, down 0.54% overnight. According to experts, the Dash (DASH) cryptocurrency is attempting to hold at the neckline of the consolidation phase on the daily chart. Holders are confident the token will break out soon, expecting a rise to $36 soon. 

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Tradecurve (TCRV) continues captivating buyers during presale 

Tradecurve (TCRV) is a rising presale star, captivating over 12,500 users and raising $2.8M. On this trading platform, users will be privy to the best features of CEX and DEX, such as low latency and slippage-free trading. 

What makes Tradecurve (TCRV) stand out from its peers is that it allows all derivatives to be traded on one account. Moreover, no sign-up KYC checks will be necessary, providing users with much-needed anonymity. Tradecurve (TCRV) will also implement a high leverage starting at 500:1 and a metaverse trading academy, all fueled by the Tradecurve (TCRV) native token. 

Currently, one Tradecurve (TCRV) token costs just $0.018, a rise of 80% from its starting price. Since the presale is in Stage 4 at the moment, experts forecast that a 50x growth is in store. With Stage 5 projected to begin by the end of July, investors are flocking to it as the Tradecurve (TCRV) token is expected to surge by 40% soon. Sign up for the presale below and become an early investor in a trading platform that may rival Kraken. 

For more information about the Tradecurve presale:

Click Here For Website

Click Here To Buy TCRV Presale Tokens

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Filed Under: Press Release Tagged With: Blockchain, Cryptocurrency, Dash, Helium, news, TCRV, tradecurve

Sui, Dash, Tradecurve Price Forecast for July: Which Crypto Will 10X

July 13, 2023 by Akash Anand

Investors eagerly seek insights into price movements and potential opportunities as we enter a new month in the ever-evolving cryptocurrency market. Today, we will provide a price forecast for Sui, Dash, and Tradecurve, three cryptocurrencies that show promise for July. 

Summary

  • Sui rises after Legend of Arcadia launch 
  • Dash’s technical indicators show bullish signs 
  • Tradecurve expected to see a 40% surge 
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Sui (SUI) Trading in the Green

Sui is a Layer 1 blockchain and smart contract platform that makes ownership of digital assets private, safe, and open to everybody. Analysts expect Sui to see increased attention and potential price growth in July.

In collaboration with Mysten Labs, Mugen Interactive, an up-and-coming blockchain gaming studio, recently released its first game, Legend of Arcadia, on Sui. This news caused interest in Sui to soar as it trades hands at $0.6602 with a market cap of $432M, a rise of 0.57% overnight. 

With the technical indicators for Sui also showing buy signals, experts forecast a pump to $0.70 by the end of July. 

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Dash (DASH) Emphasizes Privacy and Instant Transactions

Dash is a cryptocurrency that prioritizes privacy and fast transactions. Analysts expect Dash to maintain its positive momentum in July and potentially experience price growth.

The emphasis on anonymity by Dash appeals to users looking for safe and anonymous transactions. Possibly more people will choose cryptocurrencies like Dash as they realize how important data privacy is. 

At the moment, Dash has a value of $33.72 with a market cap of $382M, jumping by 0.12% in the last 24 hours. The technical indicators for Dash also paint a bullish picture, displaying buy signals. Because of this, a surge to $35 is expected for Dash soon. 

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Tradecurve (TCRV) Expected to Surge by 40%

Another token worth considering is Tradecurve. This presale sensation has already raised $2.8M and provided early buyerss with an 80% ROI. 

As the Stage 4 presale is now 63% complete, Stage 5 is expected to begin by the end of July. This stage will bring in a 40% jump in value for the platform. 

Tradecurve introduces a trading platform with a hybrid infrastructure model that brings forth the best aspects of DEX and CEX on one platform. 

On Tradecurve, all derivatives can be traded on one account anonymously, as there will be no sign-up KYC checks. Traders can even subscribe to automated & AI trading bots to increase their profitability – benefiting all traders. 

While traders can remain anonymous, they can also remain secure. Tradecurve will also implement a Proof of Reserves which prevents any fund mismanagement. This is significant, as not even eToro currently has that feature. 

Over 14,500 users have registered for this upcoming platform so far. This proves the demand and faith individuals have for Tradecurve. 

TCRV 100x Growth Prospect Outshines SUI and Dash

Obtaining discounts on subscription fees, staking rewards, and more by holding the platform’s native token, TCRV, now worth $0.018. 

However, with millions of tokens already sold, experts forecast a 50x surge by the time its presale ends and another 100x jump when it gets listed on a Tier-1 CEX after its launch. 

With the potential of overtaking Binance, now is the perfect time to become an early investor in Tradecurve – so do not miss out. 

For more information about the Tradecurve presale:

Click Here For Website

Click Here To Buy TCRV Presale Tokens

Filed Under: Press Release Tagged With: Blockchain, Crypto, Dash, news, SUI, tradecurve

The SEC Classifies DASH As a Security, XRP and SPCT Primed for Massive Price Surges

July 6, 2023 by Akash Anand

Recently, the SEC has invaded the crypto market in a never-before-seen manner. DASH has become the latest victim of the regulatory body’s actions after being classified as a security. While that happens, XRP and SPCT are readying themselves for price surges. 

As Ripple (XRP) experiences an upward trend, VC Spectra (SPCT) is nearing the completion of its stage 1 public presale and is poised to witness a 10x surge. The platform raised $2.4 million in only two weeks, demonstrating its potential, increased investor demand, and popularity.  

>>BUY SPECTRA TOKENS NOW<<

SEC Says Dash is a Security, but The Community Comes to its Defence

In SEC’s latest debacle against the crypto world, DASH has been classified as a security. However, its community has come out to defend it vehemently, saying DASH has no characteristics to warrant such a classification. 

The DASH users are vexed and have taken to using the clown emoticon to describe the unusual actions of the SEC. According to the SEC, DASH is an unregistered security because an internal core group is behind its development. As a result, the team’s efforts to improve and promote the product make it an investment. However, it’s also important to note that DASH has a proof-of-work accord mechanism and shouldn’t be classified as a security. 

So, what are DASH users’ assertions? They say the token represents a decentralized payment system managed via a distributed ledger but not controlled by any organization. Moreover, the SEC relies on the Howey test definition of security, which the users say exonerates DASH from the picture. 

This push and pull between the SEC and Dash community haven’t affected the token’s performance. In the last 24 hours, Dash rose by 0.21% to trade at $37.67. However, analysts foresee a significant fall in Dash’s price before the beginning of July. They say the token will decline 14.05%, reaching $32.18. 

XRP Repeats Historical Movements: Is A Price Surge On The Horizon?

A prominent crypto analyst recently mentioned that Ripple (XRP) was moments away from replicating historical movements. Such a move could trigger a massive price rise. Ripple (XRP) registered a 0.86% surge to trade at $0.488387. This increase is attributed to increased investor demand, and should it continue, XRP will prolong its upward trend for longer. 

Back to the analyst; He was confident that studying Ripple’s (XRP) previous performance could provide insights into the token’s future movement. Based on this perspective, the analyst said Ripple (XRP) was likely to be the only token with total regulatory clarity. Of course, that could result in a considerable price increase. 

According to financial experts, XRP will skyrocket by 8.59% to reach $ 0.532517 by early August. 

Vc Spectra (SPCT) Prepares to Disrupt the Market

Since its launch, VC Spectra (SPCT), a decentralized hedge fund, was positioned to cause unrest in the financial markets. It’s designed to intensify blockchain and FinTech through ICOs and strategic investments. But that’s not all; VC Spectra gives users access to profitable projects and responsible and ethical investments. 

Investors are attracted to profit-making ventures, and VC Spectra (SPCT) identifies the ideal projects with unmatched precision. Furthermore, the platform leverages a rigorous process to identify highly profitable investment opportunities in technology and blockchain. VC Spectra (SPCT) rewards its users with voting rights, quarterly dividends and buybacks from its investment gains, and exclusive access to pre-ICOs. 

VC Spectra (SPCT) trades at $0.008, but its target price is $0.08, representing a 900% jump as its public presale progresses. The platform is poised for an even more explosive price surge during stage two of its presale. The projected price is $0.011, representing a massive 37.5% surge. 

Are you passionate about the crypto realm? VC Spectra (SPCT) should be your go-to token at the moment. 

Learn more about the VC Spectra (SPCT) presale here:

Buy Presale: https://invest.vcspectra.io/login 

Website: https://vcspectra.io  

Telegram: https://t.me/VCSpectra 

Twitter: https://twitter.com/spectravcfund

Filed Under: News Tagged With: Blockchain, Dash, SEC, Spct, xrp

Bittrex Says Sayonara To Monero And Other Prominent Privacy Coins

January 2, 2021 by Sahana Kiran

Bittrex made news earlier this week after it decided to suspend trading services for XRP. The crypto exchange is once again making news after it bid adieu to popular privacy coins. The cryptocurrency industry started out as a station free from any scrutiny from the government or any form of regulation. However, it seems like that’s all in the past now as regulations are getting more severe which has coerced several crypto exchanges to comply by the regulators. Bittrex seems to be getting on the good books of financial watchdogs with its latest act.

Bittrex Kicks Out XMR, ZEC As Well As DASH

Back in 2019, the FATF’s travel rule shook the crypto world. Prominent privacy coins like Monero [XMR], Zcash [ZEC] along Dash [DASH] was subject to immense unrest after the financial regulators categorized these assets as a medium for illicit activities. The hidden traction details posed as a huge drawback for these coins. While several exchanges were considering delisting privacy coins, irrespective of their popularity, Bittrex went ahead and announced the same.

In a recent tweet, Bittrex revealed that it intended to delist Monero, ZCash, and Dash on 15 January at 23:00 UTC. The tweet read,

#Bittrex Customers:

The $XMR, $ZEC, and $DASH markets will be removed on Friday, January 15th at 23:00 UTC.

Details: https://t.co/8qAdjuwryJ

— Bittrex (@BittrexExchange) January 1, 2021

The exchange’s blog post did not reveal the exact reason for the removal of these assets, it suggested that its regulatory standards, as well as compliance-related problems, could pave the way to the delisting of assets. On 15 January, all pairs that users were trading the aforementioned privacy coins would be nonexistent. The blog post further read,

“After the markets are removed, Bittrex generally seeks to provide users up to 30 days to withdraw any delisted tokens, but in certain instances the withdrawal period may be shortened. Users should withdraw any tokens before the posted withdrawal deadline.”

The crypto exchange affirmed that users could withdraw their tokens unless the exchange is subject to technical difficulties.

This announcement led to an array of downfall. Privacy coin Monero was seen dropping by over 17% at the time of writing, thanks to the Bittrex delisting news. At press time, the coin was priced at $136.80. DASH and Zcash were also following suit as these assets plummeted by 13.33% and 11.16% in the last 24-hours.

Filed Under: Altcoin News, News Tagged With: Dash, Monero (XMR), Zcash (ZEC)

Dogecoin [DOGE] Pulls Away From the Rest of the Pack While others like Dash [DASH] Face an Uphill Bull Battle

July 7, 2020 by Akash Anand

Several cryptocurrencies have seen a massive turnaround in fortunes over the last couple of weeks with holders expecting a silver lining at the end of the dark tunnel caused by the coronavirus. While major cryptocurrencies at the top like Bitcoin and Ethereum were still trying to get a foot in, it was the minor altcoins making bigger strides in the industry.

At the turn of the second week of July, Dogecoin, the Jackson Palmer founded cryptocurrency witnessed an unprecedented rise in value. This rise was part of an entire set of altcoins enjoying the bull ride at a time when the limelight was fully on Bitcoin.

Dogecoin

Dogecoin was first created as a joke by Palmer which later took off because of the likeability of the ‘doge’ meme. Currently, Dogecoin ranks at number 33 on the cryptocurrency charts with a total available supply of 125.14 billion. This circulating supply makes it one of the largest circulating collections in the cryptoverse. At press time, Dogecoin was trading for $0.00276 with a total market cap of $346.512 million. A massive 18 percent increase in the past 24-hours was also the reason for the daily trade volume to spike to $201.95 million.

The Relative Strength Index for DOGE had spiked massively after the recent hike. Sticking close to the overbought zone is expected to do good for the cryptocurrency as it meant more people were buying into the Dogecoin ecosystem. The Chaikin Money Flow indicator followed a similar pattern to that of the RSI as the graph stayed well above the zero line.

Dash

While Dogecoin may be enjoying green pastures, Dash was still struggling to get back on the horse. The 24th placed cryptocurrency was trading for $69.6 at the time of writing, a value that has remained almost constant throughout the year. Dash’s market cap clocked in at $667.24 million while the daily trading volume was at $257.193 million.

Dash had recently received some good news when the cryptocurrency became a part of the trade roster in Austria along with bigwigs like Bitcoin and Ethereum. This was probably the reason why the CMF had climbed to its highest in over a month. Dash’s relative strength index also climbed to positive territory as the cryptocurrency made waves in mainstream departments.

Filed Under: News, Altcoin News, Market Analysis Tagged With: Cryptocurrency, Dash, Dogecoin, news

Thousands of ATM’s in Mexico will now have Dash Cryptocurrency

January 30, 2020 by Akash Anand

The United States and Latin America combined have become great hot spots for cryptocurrency adoption. Out of this, Latin American countries have taken a bigger bite because of the relentless updates within the cryptocurrency industry.

Dash cryptocurrency, one of the major altcoins on the charts has been a very good friend of growing economies. After enjoying great runs in countries such as Venezuela and Colombia, Dash has now set its eyes on Mexico.

Dash coin will be added to over 11,000 ATMs in Mexico creating a massive influx of crypto interest. The addition comes in the wake of a partnership between Dash Pay and cryptocurrency firm Tauros. Tauros is a known crypto remittance organization in Mexico popular for its goal to make it easy for people to buy crypto.

With the latest addition, users of the ATM will be able to buy Dash with Mexican Peso. The Chief Executive Officer [CEO] of Dash Core Ryan Taylor stated that the ‘great partnership’ will pave way for more developments in the region. He added:

“[The Bitcoin ATMs] Infrastructure that can continue growing our Latam [Latin-America] remittances strategy going forward and help expand our use for payments in Mexico, even among the unbanked. This is another great partner for Dash.”

The cryptocurrency market has stayed strong in economies with flailing economies. That was the main reason why Dash and Bitcoin became superstars in countries such as Venezuela. Earlier studies had shown that merchants in Venezuela had begun accepting Dash coin as a mode of payment for basic necessities. This decision came in the midst of the country imposing its own state-backed cryptocurrency, the Sovereign Bolivar.

Reports have also predicted that Dash cryptocurrency may have over 1 million users in Venezuela by the end of 2020. Mark Mason spotted that from May 2019 to December 2019, there was a 562 percent increase in Dash wallet usage in Venezuela. The number of devices using the Dash wallet application had risen from 7,597 in May to 50,336 in December.

Experts spotted that citizens use cryptocurrencies because of a need for transitional currency. This was to counter the insane hyperinflation rate int he country, a figure that was touted to hit a million percent by the end of 2019.

Dash and Bitcoin have been openly praised by the citizens of oppressed countries for its decentralized nature. Dash cryptocurrency can take pride in the fact that it was giving financial power back to the people rather than the government. Officials claimed that the increase in use cases will also result in an increase in its price.

At press time, Dash was trading for $115.82 with a total market cap of $1.076 billion. The 16th ranked cryptocurrency had a 24-hour market volume of $1.137 billion after a 2.13 percent hike on the daily charts.

 

Filed Under: Altcoin News Tagged With: Dash, dash coin, Dash cryptocurrecy, dash wallet, Tauros, Venezuela

Breaking: Binance US Announces Listing of Dash Cryptocurrency

October 15, 2019 by Tabassum Naiz

On Tuesday, October 15, Crypto exchange Binance published a blog post, stating that the US branch of its trading platform is listing the Dash crypto token. Binance US’s Dash listing announcement might have influenced its trading value as the currency is briefly surging by 0.13 percent within the past 24Hrs.

Binance US Adds Dash Crypto Token

Although the exchange is accepting the deposit of Dash now, it said that the withdrawals would be enabled as soon as trading is live. As per the official announcement, DASH/USD trading will begin on October 15, 2019, at 9:00 pm EST /6:00 pm PST. The official announcement of the world’s biggest cryptocurrency exchange noted,

For ACH USD Deposits, you will be able to buy and sell digital assets from your USD wallet immediately, but deposited funds are placed under an initial hold of 10 days before you can take them out of Binance.US. USD Wires do not have this hold period.

DASH token is currently trading at over $71 against USD, with a brief surge of 0.13 percent within the past 24 Hrs. Capturing the eighteenth largest spot on the graph of Coinmarketcap, Dash counts the market capitalization of $648,318,960.

At the moment, the Binance US exchange is already the hub for fourteen leading cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Bitcoin cash (BCH), Litecoin (LTC), Binance Coin (BNB), Tether (USDT), Cardano (ADA), Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar (XLM), Ox (ZRX), ChainLink (LINK) and Ravencoin (RVN).

These tokens are available with a pair of USD, USDT, and BTC. As announced earlier, the exchange is offering free trades until November 1, alongside a 15% referral bonus on every new signup for US-based crypto enthusiasts.

However, Binance US is still a new crypto trading platform in the crypto industry, but it is quickly gaining momentum as its international platform, Binance is already a home for worldwide crypto enthusiasts and cryptocurrencies. Specifically, the exchange isn’t operated by Binance itself instead of a San-Francisco based BAM Trading Service. More so, Binance has appointed Ripple’s executive, Catherine Coley, as the CEO of Binance US.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: News Tagged With: Binance, Cryptocurrency Exchange, Dash

Dash might receive a quick boost on Monday as Coinbase Pro decides launch

September 14, 2019 by Tabassum Naiz

The renown digital currency exchange, Coinbase Pro announced to list the top digital currency, Dash on Septemeber 16, upcoming Monday. The currency which is currently valued at $92.23 might get a quick boost in its price once it added to Coinbase Pro.

Coinbase Pro Adding Dash

The announcement revealed on Sept.12 states that the exchange is accepting Dash in supported jurisdictions, except for NY state and the UK. The exchange has said that it will accept deposit ahead of trading – as such, users can proceed to deposit on Monday which will remain active for at least 12 hours and trading will then begin on Sept.17 on or after 9 am PST if liquidity conditions are met. The exchange writes that;

“Once sufficient supply of DASH is established on the platform, trading on the DASH/USD, and DASH/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met.”

Although Coinbase has over 30 million users, the addition of Dash cryptocurrency will catch the attention of a new audience. On the other side, Dash is currently ranked as 16th largest cryptocurrency, covering the total market cap of $833,591,474. At the press time, Dash experienced a quick surge of 4.73 percent within the past 24 Hrs and trading at the value $92.23 against USD.

However, it’s worth noting that the DASH will be initially available across Coinbase’s supported jurisdictions. Accordingly, users from New York and the United Kingdom aren’t allowed for trading. Other Jurisdictions may be added soon, the exchange said. Moreover, it also revealed that the trading would be available in DASH/USD and DASH/BTC pairs.

But not on Coinbase.com

Dash crypto emerged back in 2014 – henceforth considered as the oldest digital asset in the history of the crypto industry. Despite its existence since 2014, the Dash has been caught with apathetic comments due to its anonymous feature – quite often, crypto twitter compares it with Monero and Zcash citing its anonymity. This is one of the primary reasons why many exchanges step back to list Dash.

Dash’s listing on Coinbase pro doesn’t mean that the coin will be available on Coinbase.com or its consumer mobile apps. However, the blog further reads that they will be a separate announcement if the exchange decides to launch Dash on Coinbase.com.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Altcoin News Tagged With: Coinbase Pro, Dash

Dash price forecast: Bears are back for DASH

August 17, 2019 by Azeez Mustapha

Key Highlights

  • DASH price has broken below the $100 critical support level
  • The coin faces resistance at the $90 and $92 price levels
  • The market forms a bearish pattern at the critical demand zone of $100

 DASH Current Statistics

The current price: $92

Market Capitalization: $833,555,806

Trading Volume: $129,417,509

Major supply zones: $120, $140, $160

Major demand zones: $80, $60, $40

  DASH Price Analysis August 17, 2019

The price of DASH had been trading below the $180 price level in May and June before the bear’s dominance. On June 25, the bulls reached a high of $180 price level but were subsequently resisted by the bears. The market fell to the $160 price level and consolidated for a while before the bears had the upper hand.

The market fell to its previous low at the $100 price level to form a bearish pennant. Today, the bears have broken the lower line of the bearish pennant and price is presently falling but facing resistance at the support of $92 demand zone. If the $92 demand zone is broken, the crypto’s price will find support at the $80 price level.

DASHUSD-Daily Chart

Chart Indicators Reading

The MACD line and the signal line are below the zero line, which indicates that the price of DASH is bearish. The price is likely to continue its fall. The bears also broke the lower line of the bearish pennant, which indicates that price is to maintain its downward fall. The crypto’s price is below the exponential moving average, which suggests that price may likely fall.

General Outlook for DASH

The price of DASH is likely to continue its fall after successfully breaking the pennant on August 14. The crypto’s price continues its fall up till the third day. On the downside, the bears are currently facing resistance at the $92 demand zone; if the bears break that level, the market may reach the low of $80 price level. Nevertheless, the bear’s dominance may continue if the market finds support the $80 demand zone.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.

Filed Under: Market Analysis Tagged With: Dash, Price Analysis

Crypto price analysis: Bitcoin, Ripple, Litecoin, Tron, Dash, and more today

June 29, 2019 by Ali Qamar

It’s been an exciting couple of weeks for the cryptosphere. And last seven days Do you know the Japanese saying “may you live in interesting times”? Well, it’s meant as a curse. But the only way to survive some interesting times (as the current crypto market) is to keep updated with the relevant news so you’ll be ready to take advantage of excellent opportunities when they come along. In that spirit, here’s the latest price analysis for ten different digital assets.

Bitcoin (BTC/USD)

Support levels are supposed to mark the bottom of a fall. But waterfall declines don’t care about that, so you never know when the fall stops. The reactions are very short-lived (no more than three days). Bitcoin tried to recover and stay above $12,000 mark, and it failed at $11,799.74. And now as we write this, BTC keeps going down and might fall till $11,500 as the day ends. RSI is rooted in the oversold zone, and the moving averages are also on a downtrend. The market belongs to the bear. But, nevertheless, bulls seem to be fighting hard.

The first support level is $11,500, then $11,000, and then $ 10,500. A recovery, if we should see one anytime soon will face some serious resistance at $12,000 now.

While buying cheap is always the idea, the most prudent move would be to wait until the low level becomes stable, and not to buy during a free fall.

Ripple’s XRP (XRP/USD)

Not too long ago, XRP was outperforming everybody. That has changed now. It’s still going down and broken the uptrend line down, so it’s not free of the bear’s hug. But it remains entirely above its lows, unlike most other coins.

Technical parameters indicate that supply is outpacing demand.

The current support level is $0.37185, and then $0.34913. The XRP/USD pair could consolidate if the price scales above the uptrend line and the moving averages go flat. The outlook is neutral as we write, but it’s better to stay away for now.

Ethereum (ETH/USD)

Ethereum can’t find buyers anymore for a while. It got stalled at $300 level after significant rise recently, which points to lack of buying support.

Sellers are trying to bring the price down all the way to the next support level ($270). It will likely pull back as it reaches the support level (that’s the point of a support level). But even in that context, it would be too hopeful to start an ETH trade because of that. Wait for a new setup before seriously considering a trade.

The critical resistance level (which is really unlikely to be reached right now) is at $288.32. This bit of info is actually useless right now when it’s going stiffly down, but we give it to you for completeness.

Stellar Lumens (XLM/USD)

Stellar (XLM) is near a critical level of $0.101045. If the bears break it, it will go down, and it could reach $0.1547188 (as in last March 18th) or of $0.138565 (as in last December 22nd)

But the bulls could break the critical level upwards, in which case it could go up, moderately.

For Stellar Lumens (XLM), as with many other coins in the current mayhem, it’s better to wait for a better setup before deciding on a trade.

EOS

EOS broke its critical support level at $8.8723. Yet, it hasn’t plummeted, but it hasn’t rebounded either. So there seems to be enough support at lower levels. The RSI also suggests a recovery attempt is in the works.

If the bulls can overcome the $6.8723, then a move above $8.493 is possible. It will be a milestone as the 20-day EMA is the same. But if the pair doesn’t go over the current level, it could go down all the way to $5.00. There are no signs of an imminent bull run, so it’s not a good time to get in.

Litecoin (LTC/USD)

Buyers have held Litecoin’s support level fast at $119 for three days in a row, but have failed to make it go up that much.

The RSI is oversold, however, so a pullback is likely. Resistance will come at the $123–$126.49 zone as prices rise. But, the bears can still carry the day, and then the support zone would be $117–$115.653, and Litecoin could fall as far as $110.00.

Cardano’s ADA (ADA/USD)

Cardano attempted a pullback, but it could not get over the ten-cent level, and now the price is back at a support level of $0.086. If it breaks out downwards of the support level, it could go down to the next support level at $0.080354.

But if the bulls have the day, it will keep trying to go over $0.09. If it does it could reach $0.093105 and then it will find resistance there, because it was a previous support level. The 20-day EMA is close to that level too, so that will add to the resistance.

Monero (XMR/USD)

The bulls went for Monero recently, too. But they got stuck at $98. As a result, the price went down yet again.

The current danger for Monero is that it could go lower than $90. If that happens, then it could go further down to $81.

If this digital asset can find buyers at the current levels, then we will see a new attempt to break the $99 level. If the bulls succeed and cross the current critical level, then the pullback could keep on going to the next resistance level, which is at $105.

Tron’s Tronix (TRX/USD)

Tronix was at a weird level. It was a previous support level turned into a resistance level at $0.03158. It was stuck there for some time. The good news is that the bulls managed to hold prices above the low level of $0.3022194.

The chances are that the bulls will attack again and try to take Tronix above $0.03587681 and then keep going until they reach the next resistance level at $0.0393.

While we don’t expect Tronix to go under $0.0300194, it could happen. Then, it’s not unthinkable that it will go down to the next support level at $0.02744479.

Dash (DASH/USD)

Dash is still trading around the descending channel’s support level, which comes to show that sellers have the market for the time being. Any breakdown in the channel will be a bad thing and will push DASH downwards to the next support level ($160).

If support holds, the bulls will attack again and try to bring the token back to $170 and beyond, all the way to the overhead $187.68 resistance level. This could be a good coin to take long positions, but only if and when a trend reversal becomes evident.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Market Analysis Tagged With: Bitcoin (BTC), Dash, Ethereum (ETH), Litecoin (LTC), Price Analysis, Stellar (XLM), TRON (TRX)

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