June 19, 2024

Analysis of TRX / USD and ADA / USD on 11/12/2019

Analysis of TRX / USD and ADA / USD on 11/12/2019

The cryptocurrency market is under selling pressure; some altcoins may decline to levelssupport.

TRX / USD

Analysis of TRX / USD and ADA / USD on 11/12/2019

Tron price fails to break through key levelresistance $0.0200. At the moment, the asset price is consolidating above $0.0190, and the nearest support level is located around $0.0185. On the other hand, $0.0200 and $0.0205 act as key resistance levels, above which buyers will be able to test $0.0220. 

ADA / USD

Analysis of TRX / USD and ADA / USD on 11/12/2019

Cardano is currently consolidating abovesupport level $ 0.0420. Over the past 24 hours, the price of an asset has increased by 3%. $ 0.0445 and $ 0.0450 act as key resistance levels. In case of a successful break of the $ 0.0450 mark, buyers will be able to continue pushing the price up. Otherwise, it may fall below the support level of $ 0.0420.

Based on materialswww.newsbtc.com