September 20, 2020

Analysis of TRX / USD and ADA / USD on 10.16.2019

Analysis of TRX / USD and ADA / USD on 10.16.2019

The cryptocurrency market is under pressure from sellers. Altcoins like TRX and ADA are approaching key support levels.

TRX / USD

Analysis of TRX / USD and ADA / USD on 10.16.2019

The price of Tron was able to rise above the levelresistance $ 0.0165, and then began to decline. Sellers managed to sell support levels of $ 0.0162 and $ 0.0160. Over the past day, the price of TRX decreased by 6%, and at the moment it is approaching the support level of $ 0.0155. On the other hand, the nearest resistance levels are now at $ 0.0160 and $ 0.0162.

ADA / USD

Analysis of TRX / USD and ADA / USD on 10.16.2019

Price Cardano failed to break the levelresistance is $ 0.0420, and it also began to decline. Sellers managed to break through the support level of $ 0.0400. In case of further decline, bears will be able to test the support level of $ 0.0380 in the near future.