January 17, 2021, 1:23 pm 0 share Facebook
TRX traded in a fixed channel as momentum was not based on the bulls or lows in the market.Augur has sought to return to the $ 21.6 mark.But a boost from the BTC and ETH market leaders may be needed to make the climb up the charts possible.Finally, MKR sought to exceed $ 1,563.He has targeted a rapprochement to his record levels.
Tron [TRX] Source: TRX / USD, TradingView
Tron revisited the $ 0.029 level after rebounding from $ 0.027.However, the price of the crypto failed to break through its immediate resistance.It is trading between $ 0.029 and $ 0.031 in the last two days.Upcoming trading sessions might see price trading between the aforementioned channel.
The indicators remained neutral and did not specify a breakout in either direction.
The Awesome oscillator was neutral on the upside and showed a balance between buying and selling pressure.A bullish result could see the index rise above the breakeven point.Price may be looking to target the resistance level of $ 0.032.
The Bollinger bands converged at the time of publication.They pointed to the low volatility of the crypto price.
This hinted at the possibility that TRX would negotiate between its current channel to move forward.
Augur [REP] Source: REP / USD, TradingView
Augur has sought to move up towards the $ 20 mark at press time.The price has increased by more than 3% in 24 hours.A rise above press time resistance could confirm an uptrend.Price could look to hit the $ 21.6 mark after that.
However, a broader market rally may be needed to push REP towards the aforementioned levels.The indicators were neutral on the upside on the cryptoasset going forward.
The MACD was on the verge of a bullish cross.But momentum could change back and forth as the bars on the histogram tilted at the balance mark.
The Chaikin Money Flow stabilizes above zero and suggests that capital inflows may prevent the price from falling on the charts.However, he also suggested that external push would be needed to raise the price beyond its upper cap.
Maker [MKR] Source: MKR / USD, TradingView
After hitting a record high of $ 1,999, Maker cooled down and fell below several key levels until it found support at $ 1,153.The price rose again from this level.
But the gains were capped at the resistance level of $ 1,563.However, sellers may find it difficult to keep the price below its current resistance.The indicators were largely optimistic for MKR.
If the Stochastic RSI continues its bullish trajectory towards the overbought zone, the price could cross its immediate barrier.
It could approach record levels again.
Chaikin Money also confirmed the possibility of a bullish result as more capital flowed into cryptocurrency.
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