Cardano (ADA), Stellar (XLM), TRON (TRX) Price Analysis (25th May 2018)
Data & Research

Cardano (ADA), Stellar (XLM), TRON (TRX) Price Analysis (25th May 2018)

Cardano (ADA)

  • The price of Cardano has been on a steady decline throughout the day.
  • There is a short-term bearish trend line forming with resistance at 0.199793 USD on the hourly chart of the ADA/USD pair.
  • We predict that the pair would rise soon.

The ADA price against the US dollar has declined in the last 24 hours. It met resistance at 0.209211 USD and dipped to 0.199692 USD in just half an hour. The ADA/USD pair has been declining but it is expected to rise soon.

ADA Price Chart 25/05/18

Hourly MACD – The hourly MACD for ADA/USD is bearish.

Major Support Level – 0.198121 USD

Major Resistance Level – 0.211588 USD

Stellar (XLM)

  • Stellar has declined a lot in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.290064 USD on the hourly chart of the XLM/USD pair.
  • We predict that the pair would dip further for a few hours.

The XLM/USD pair has seen a lot of growth and decline throughout the day. It soared up to 0.298521 USD and met a resistance there. Failing to break the resistance, the pair dropped to 0.286641 USD soon. As of now, the pair is trading at 0.281100 USD and is expected to dip further.

XLM Price Chart 25/05/18

Hourly MACD – The hourly MACD for XLM/USD is bearish.

Major Support Level – 0.283887 USD

Major Resistance Level – 0.298521 USD

TRON (TRX)

  • The price of TRON is has declined against the US dollar in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.070544 USD on the hourly chart of the TRX/USD pair.
  • We predict that the pair would dip further before recovering.

The TRX price against the US dollar has been declining in the last 24 hours. It met a resistance at 0.072914 USD and failed to break it and hence fell down to 0.069890 USD in a little over an hour. The cryptocurrency is now trading at 0.069290 USD and is expected to dip further.

TRX Price Chart 25/05/18

Hourly MACD – The hourly MACD for TRX/USD is bearish.

Major Support Level – 0.069467 USD

Major Resistance Level – 0.073536 USD

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.