November 27, 2022

Analysis of TRX / USD and BNB / USD on 12.16.2019

Analysis of TRX / USD and BNB / USD on 12.16.2019

Altcoins like BNB and TRX are under strong seller pressure. Will they be able to start recovery?

TRX / USD

Analysis of TRX / USD and BNB / USD on 12.16.2019

Tron Price Still Under Strong Pressuresellers who recently managed to sell it below $ 0.0140. Over the past week, TRX has lost about 5%. At the moment, the price of the asset is consolidating, and if the price falls below $ 0.0135, the activity of buyers should increase. On the other hand, the nearest resistance levels are around $ 0.0140 and $ 0.0142.

BNB / USD

Analysis of TRX / USD and BNB / USD on 12.16.2019

Sellers managed to lower Binance Coin price belowmarks of $ 15.00 and $ 14.50, after which they aimed at the support level of $ 14.00. Nevertheless, near the support at $ 14.20, the presence of buyers, who were able to slightly recover the price, strengthened. Nevertheless, a fall in prices below $ 14.00 will provoke further dominance of sellers.