Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (6th June 2018)
Data & Research

Cardano (ADA), Stellar (XLM), TRON (TRX) Price Summary (6th June 2018)

Cardano (ADA)

Key Highlights

  • The price of Cardano has declined today.
  • There is a short-term bearish trend line forming with resistance at 0.212626 USD on the hourly chart of the ADA/USD pair.
  • We predict that the pair would decline further.

The ADA price against the US dollar has declined in the last 24 hours. The pair is currently being traded at 0.209816 USD and is expected to see a further decline in its prices.

ADA Price Chart 06/06/18
Source: TradingView

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

Major Support Level – 0.210708 USD

Major Resistance Level – 0.221282 USD

Stellar (XLM)

Key Highlights

  • Stellar has shown a decline in the last 24 hours.
  • There is a short-term bearish trend line forming with resistance at 0.292305 USD on the hourly chart of the XLM/USD pair.
  • We predict that the pair would grow soon.

The XLM/USD pair has declined today. It is now being traded at 0.289200 USD and is expected to grow soon.

XLM Price Chart 06/06/18
Source: TradingView

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

Major Support Level – 0.290207 USD

Major Resistance Level – 0.296564 USD

TRON (TRX)

Key Highlights

  • 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 0.058713 USD on the hourly chart of the TRX/USD pair.
  • We predict that the pair would grow soon.

The TRX price against the US dollar has declined in the last 24 hours. It is currently being traded at 0.059300 USD and is expected to grow soon.

TRX Price Chart 06/06/18
Source: TradingView

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

Major Support Level – 0.058435 USD

Major Resistance Level – 0.060705 USD

[Read: TRON (TRX) to be listed on BitForex]

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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.