Cardano (ADA), Stellar (XLM), TRON (TRX) Price Analysis (30th May 2018)
Data & Research

Cardano (ADA), Stellar (XLM), TRON (TRX) Price Analysis (30th May 2018)

Cardano (ADA)

  • The price of Cardano has grown today.
  • There is a short-term bullish trend line forming with resistance at 0.212148 USD on the hourly chart of the ADA/USD pair.
  • We predict that the pair would dip.

The ADA price against the US dollar has grown in the last 24 hours. The pair is currently being traded at 0.200984 USD and is expected to decline soon.

ADA Price Chart 30/05/18
Source: TradingView

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

Major Support Level – 0.200493 USD

Major Resistance Level – 0.218023 USD

Stellar (XLM)

  • Stellar has shown some growth in the last 24 hours.
  • There is a short-term bullish trend line forming with resistance at 0.284464 USD on the hourly chart of the XLM/USD pair.
  • We predict that the pair would decline soon.

The XLM/USD pair has seen a little growth today. While the growth isn’t too significant, it is good that it’s growing. The pair is now being traded at 0.268246 USD and is expected to decline soon.

XLM Price Chart 30/05/18
Source: TradingView

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

Major Support Level – 0.277842 USD

Major Resistance Level – 0.295864 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 0.063030 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 declined in the last 24 hours. It is currently being traded at 0.059336 USD and is expected to decline further.

TRX Price Chart 30/05/18
Caption: TradingView

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

Major Support Level – 0.061741 USD

Major Resistance Level – 0.068083 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.