Data & Research

Cardano (ADA), Stellar (XLM), TRON (TRX) Price Analysis (28th May 2018)

Cardano (ADA)

  • The price of Cardano has seen a decline today.
  • There is a short-term bearish trend line forming with resistance at 0.183650 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 declined from 0.194977 USD to 0.180926 USD in a little over two hours. The pair is currently being traded at 0.181830 USD.

ADA Price Chart 28/05/18

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

Major Support Level – 0.178853 USD

Major Resistance Level – 0.194977 USD

Stellar (XLM)

  • Stellar has shown a great decline in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.265088 USD on the hourly chart of the XLM/USD pair.
  • We predict that the pair would show some growth soon.

The XLM/USD pair has seen a great decline today. It dipped from 0.273877 USD to 0.263255 USD in just 20 minutes! The pair is now being traded at 0.261470 USD.

XLM Price Chart 28/05/18

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

Major Support Level – 0.258100 USD

Major Resistance Level – 0.278940 USD

TRON (TRX)

  • The price of TRON is has seen a decline against the US dollar in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.065920 USD on the hourly chart of the TRX/USD pair.
  • We predict that the pair would decline further.

The TRX price against the US dollar has been mostly declining in the last 24 hours. It is currently being traded at 0.064280 USD.

TRX Price Chart 28/05/18

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

Major Support Level – 0.063905 USD

Major Resistance Level – 0.070750 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.