XRP, Tron (TRX), Stellar (XLM) – With Bitcoin leading the rise in the crypto market, testing new levels of resistance at $4100, the crypto market is moving up, and it is dragged by the main reference of the ecosystem.
Tron (TRX) Price Prediction
The tenth cryptocurrency, presents a bullish rally in the last 24 hours of up to 2.32% with a trading price of $0.0232. Its capitalization volume has exceeded $ 1.5 trillion dollars, and is currently presenting a rise-correction-rise pattern.
Their immediate resistance levels are in the points R1 ($ 0.024) and R2 ($ 0.029) with a possible bullish crossing momentum to achieve EMA25 break in the weekend, and the purchase zone for the rest of March projecting to the point foreseen in our previous post of R1.
The Chaikin Money Flow indicator is moving towards the overbought zone firmly, to reach the expected resistance levels in a new bullish rally for the next few hours.
Otherwise, it would fall to support levels provided in our previous post. However, given the high volume of commercialization and the entrance of money into the ecosystem, higher prices are expected for the weekend, marked by the route established by Bitcoin.
Ripple (XRP) Price Prediction
The third most important cryptocurrency is also on an upward trend, with a spot price of $0.3189 and a change of 1.49% added value which upped its market capitalization to $ 13.1 billion.
In our previous post, XRP was projected by the EMA100 cross for a prolonged uptrend mid-year, after going through a correction period. We are right at that moment.
However, the upward trend of the crypto-market in general is giving investors a window to enter and obtain single-digit profits for the next few hours.
The RSI is plotting the bearish trend projected for the beginning of the following week, as a corrective push from the Ripple market.
Stellar (XLM) Price Prediction
Like the rest of the market, it is benefiting from the rise of the weekend and has seen its price reach the level of $0.108 with a positive growth of 1.05% in the last 24 hours.
Its market capitalization has surpassed $2 trillion dollars, which keeps it firm in the eighth position of the general ranking.
In relation to our previous post about XLM, the price movement remains lateral around $0.10 per unit. The support and resistance scenario of the aforementioned chart is still maintained.
In the short term, for this weekend, XLM has a buying zone in the next few hours, which could raise prices further in a bullish rally, denoted by the EMA25 cross.