Ripple and Tron: Tron Price Jumps to Historic High – 0.1290
The Ripple price was under pressure yesterday, and we saw a drop to the 0.5130 level.
The price of Tron continues its bullish consolidation, climbing to the 0.12992175 level.
Ripple chart analysis
The Ripple price was under pressure yesterday, and we saw a drop to the 0.5130 level. We stayed down there for a short time, and a retracement above the 0.5200 level followed. We get support in the EMA200 moving average there, and the price starts a further recovery. Today, we are climbing to the 0.5320 level and expect to continue further to this week’s resistance zone. Potential higher targets are 0.5360 and 0.5380 levels.
We need a price pullback below the 0.5300 level for a bearish option. So, we would turn to the bearish side again. Ripple would be under pressure to give up its growth and go into a pullback. Potential lower targets are 0.5280 and 0.5260 levels.
Tron chart analysis
The price of Tron continues its bullish consolidation, climbing to the 0.12992175 level. With this jump, we climbed above last week’s high at the 0.12720100 level. Now, we expect to see further continuation and capture of higher levels. Potential higher targets are 0.13000000 and 0.13100000 levels.
There are no signs of a bearish option for now, but if we see a drop below the 0.12900000 level, we could start thinking about that option. The price would already be under slight pressure to continue the correction and look for support at a lower level. Potential lower targets are 0.12800000 and 0.12700000 levels.
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