• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Ripple and Tron: Tron descends to a new weekly low

by September 3, 2024
written by September 3, 2024

Ripple and Tron: Tron descends to a new weekly low

On Sunday evening, the Ripple price dropped to 0.5446, forming a new three-week low
Tron’s price has just dropped to a new weekly low at 0.152358

Ripple chart analysis

On Sunday evening, the Ripple price dropped to 0.5446, forming a new three-week low. After that, on Monday, we saw the initiation of a bullish consolidation and price growth above the 0.5600 level and the EMA 50 moving average. This led us to continue the work and climb the Eutros above 0.5700 and the EMA 200 moving average. Ripple is now trying to continue above and strengthen the bullish momentum.

Potential higher targets are the 0.5750 and 0.5800 levels. For a bearish option, we need a negative consolidation and a return below the 0.5600 level. Thus, we move away from our previous high and strengthen the bearish momentum. Potential lower targets are the 0.5550 and 0.5500 levels.

 

Tron chart analysis

Tron’s price has just dropped to a new weekly low at 0.152358. Over the weekend, we saw a breakout below the EMA 200 moving average, which only added to the bearish momentum. On Monday, we tried to initiate a bullish consolidation, but we were stopped at the 0.156900 level. From there, this week’s bearish consolidation, which is current even now, was initiated. Potential lower targets are the 0.152000 and 1.151000 levels.

For a bullish option, we need a positive Tron price consolidation above the 0.154000 level. After we stabilize there, we will have an opportunity to continue on the bullish side and return above the weekly open price. This would put us back on the positive side and increase the chances of recovery. Potential higher targets are 0.157000 and 0.158000 levels.

 

The post Ripple and Tron: Tron descends to a new weekly low appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Stellar and Bitcoin Cash: Stellar bounced back to EMA 200 
next post
Solana and Cardano: Solana loses momentum again

related articles

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Harris-Trump presidential showdown: Dead even 10 days before Election Day

    October 26, 2024
  • The 10 worst states to retire in the U.S. No. 1 isn’t California or New York

    July 31, 2024
  • Trump expected to slam Harris on 3rd anniversary of deadly Afghanistan attack that killed 13 Americans

    August 26, 2024
  • USDCHF and USDJPY: USDJPY in retreat from this morning

    August 16, 2024
  • Pentagon to probe Microsoft’s use of Chinese engineers on sensitive defense systems, Hegseth says

    July 18, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,785)
  • Investing (634)
  • Stock (893)

Latest Posts

  • Harris team ‘not aware’ of stolen Trump docs sent ‘directly’ to Biden camp

    September 19, 2024
  • Meet Qubic Crypto: The Future of Cryptocurrency Platforms

    August 9, 2024
  • Comprehensive Guide to Money Market Accounts

    January 28, 2025

Recent Posts

  • Senate confirms Trump pick to lead independent Nuclear Regulatory Commission

    July 29, 2025
  • Mossad chief thanks US for help with Iran, says ‘significantly thwarted’ regime threats

    June 26, 2025
  • ‘Squad’ Dem Ayanna Pressley trashes Elon Musk, calling him a ‘Nazi nepo baby’

    February 5, 2025

Editor’s Pick

  • EURGBP and EURCHF: EURGBP drops to a new weekly low

    July 11, 2024
  • ‘Corruption in broad daylight’: Dems outraged by Trump ‘playing car salesman’ for Tesla

    March 12, 2025
  • Zelenskyy agrees to tentative Trump minerals deal, plans to visit DC later this week: report

    February 25, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock