Friday, August 1, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Crypto now 24
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS
No Result
View All Result
Crypto now 24
No Result
View All Result

TRON Nears Crypto Top 10, as MATIC Extends Declines – Market Updates Bitcoin News

May 10, 2023
in Crypto Updates
Reading Time: 4 mins read
A A
0

[ad_1]

Tron moved nearer to being within the cryptocurrency high 10 on Wednesday, because the token rose for a second straight day. Costs climbed by almost 2% in at present’s session, regardless of the worldwide market cap shifting marginally decrease. Polygon, which at present occupies the tenth place, fell to a five-month low.

TRON (TRX)

TRON (TRX), rose by as a lot as 2% on Wednesday, because the token moved nearer to getting into the cryptocurrency high 10.

Following a low of $0.06841 on Tuesday, TRX/USD climbed to an intraday peak of $0.07031 earlier within the session.

On account of this soar, TRX is now marginally above a long-term resistance stage of $0.070.

Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
TRX/USD – Each day Chart

It seems that the goal for bulls might be to not solely break this ceiling, however transfer to $0.072, which might see the token hit a three-month excessive.

One of many foremost obstacles stopping that is the relative power index (RSI), which is at present monitoring at 59.67, beneath resistance at 60.00.

If and when worth power strikes past this level, there’ll seemingly be extra bulls reentering the market.

Polygon (MATIC)

Polygon (MATIC) which is at present the world’s tenth largest cryptocurrency, fell for a fifth straight day.

MATIC/USD plunged to a backside at $0.866, lower than a day after the token was buying and selling close to $0.90.

This newest decline in worth has pushed polygon to its lowest level since January 11, when it traded at $0.84.

Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
MATIC/USD – Each day Chart

Wanting on the chart, this spell of sell-offs has despatched the RSI beneath 30.00, which is deep in oversold territory.

The final time worth power tracked this low was again in July 2022, which can give bulls optimism {that a} reversal might be quickly approaching.

MATIC is now buying and selling at $0.8723, which is marginally increased than its earlier lows.

Register your e-mail right here to get weekly worth evaluation updates despatched to your inbox:

Might MATIC fall additional this week? Tell us your ideas within the feedback.

Eliman Dambell

Eliman was beforehand a director of a London-based brokerage, while additionally an internet buying and selling educator. Presently, he commentates on numerous asset courses, together with Crypto, Shares and FX, while additionally a startup founder.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any harm or loss precipitated or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or companies talked about on this article.

Extra Well-liked Information

In Case You Missed It

[ad_2]

Source link

Tags: BitcoinCryptoDeclinesextendsmarketMATICNearsNewsTopTronUpdates
Previous Post

Why Passive Portfolios Can’t Compete with Bitcoin’s Returns

Next Post

Binance US Adds Dollar-Cost Averaging Option For Shiba Inu Investors

Next Post
Binance US Adds Dollar-Cost Averaging Option For Shiba Inu Investors

Binance US Adds Dollar-Cost Averaging Option For Shiba Inu Investors

Bitcoin Fees Hit $24m Amid Ordinals ‘NFT’ Craze

Bitcoin Fees Hit $24m Amid Ordinals 'NFT' Craze

Bitcoin (BTC) Price to Hit New ATH Before 2024- Here’s When and Why

Bitcoin (BTC) Price to Hit New ATH Before 2024- Here’s When and Why

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Social icon element need JNews Essential plugin to be activated.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • REGULATIONS
  • SCAMS
  • ANALYSIS
  • VIDEOS

Copyright © 2023 Crypto Now 24.
Crypto Now 24 is not responsible for the content of external sites.