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

Ripple and Tron: Tron retreated to a new low on Wednesday

by September 5, 2024
written by September 5, 2024

Ripple and Tron: Tron retreated to a new low on Wednesday

The price of Ripple has been in a new bearish consolidation since last night
The price of Tron fell to a new weekly low on Wednesday at the 0.148545 level

Ripple chart analysis

The price of Ripple has been in a new bearish consolidation since last night. After forming a new high at the 0.5653 level, the price began to retreat and fell to the 0.5510 level this morning. We have fresh support here for now that could stop further pullbacks. If the support holds, we expect the start of bullish consolidation and the return of the above daily open price of 0.5600.

Potential higher targets are 0.5650 and 0.5700 levels. At 0.5650, we will retest the EMA 200 moving average, and we expect support for us this time. For a bearish option, we need a negative consolidation and pullback to the 0.5450 level. Going down to that level, we will fall below the weekly open price. This will increase the pressure on Ripple to start a further pullback and search for a new support level. Potential lower targets are 0.5400 and 0.5350 levels.

 

Tron chart analysis

The price of Tron fell to a new weekly low on Wednesday at the 0.148545 level. After that, we saw an attempted recovery that stopped at the 0.152000 level. From there, a new bearish consolidation was initiated and a drop to the 1.149000 support level. Today’s opening is at the 0.150000 level, and everything indicates that we can see further progress on the bearish side.

Potential lower targets are the 0.148000 and 0.147000 levels. For a bullish option, we need a positive Tron price consolidation above the 0.150000 level. This will first form a new daily high and increase the bullish momentum to continue to higher levels. Potential higher targets are the 0.151000 and 0.152000 levels. Moving above 0.151000, we found new support at the EMA 50 moving average.

 

The post Ripple and Tron: Tron retreated to a new low on Wednesday appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump warns US approaching ‘World War III territory’ under Biden-Harris admin: ‘Clowns’
next post
Solana and Cardano: Solana remains above new support.

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

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

  • Trump fills latest Cabinet spots as Jan. 20 inauguration nears

    January 11, 2025
  • Trump pledges universal coverage for IVF treatment ‘because we want more babies’

    August 30, 2024
  • Financial Statement Assertions: Types in Auditing

    August 26, 2024
  • Hundreds of national security officials, ex-Cabinet members, Gold Star families endorse Trump

    October 4, 2024
  • Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

    August 29, 2024

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

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

    December 4, 2024
  • 3

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

    July 19, 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 (5,519)
  • Investing (634)
  • Stock (858)

Latest Posts

  • Harris becomes betting market favorite for first time after Walz pick

    August 8, 2024
  • DAVID MARCUS: Sanders-AOC comedy tour is sign of far-left desperation

    March 23, 2025
  • Trump fills latest Cabinet spots as Jan. 20 inauguration nears

    January 11, 2025

Recent Posts

  • House Pentagon funding bill would ban transgender treatments for minor children of military personnel

    December 12, 2024
  • Democrats don’t need a ‘left-wing’ Joe Rogan, they need to win back the real one

    May 25, 2025
  • It’s official: Vice President Kamala Harris goes over the top and clinches Democratic presidential nomination

    August 2, 2024

Editor’s Pick

  • Dogecoin and Shiba Inu: Shiba rises to two-week high

    August 22, 2024
  • Exclusive: Hamas document reveals devious paraglider terrorism attack plan

    August 12, 2024
  • Trump files emergency petition to Supreme Court to prevent sentencing in NY v. Trump

    January 8, 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