Altcoins

TRON (TRX) And Cardano (ADA) Price Analysis – Bullish Rise Expected

TRX Coin (TRON) and Cardano (ADA) Price Analysis Latest

The last few weeks have been very unpredictable for the cryptocurrency investors in terms of market volatility. This is because of many factors like Crypto Ads ban by Google, Facebook followed closely by Twitter recently. Another major factor is the timid FoMo buyers who got into the crypto investing scene expecting huge returns, during the last quarter of 2017. But, a few crypto coins like TRON (TRX) and Cardano (Ada) have been giving bullish signals throughout this first quarter of 2018.

Here is a brief price analysis of these coins for 30th March 2018.

TRON [TRX] Price Analysis

Currently, TRX coin is priced at $0.0443 USD with a current market capitalization of $2.93 Billion USD. It is currently ranked at number 11 in terms of current market cap and the price trends remain positive according to crypto market analysts.

Tron Trx Price Graph Chart

This is an interesting development given the fact that TRON which is currently running on Ethereum blockchain and is planning on moving to its own test net later this year. The price of TRX token has almost doubled over the past 2 weeks with a consistent daily rise of 3-10%. In terms of Market Cap, TRX has crossed Monero whose current market cap is around $2.8 Billion USD.

Cardano [ADA] Price Analysis

As of today, Cardano Ada coin is trading at $0.149 USD with a total market cap of $3.88 Billion USD. ADA is currently ranked at number 7 and is above NEO and Stellar whose market caps remain at $3.4 Billion USD and $3.62 Billion USD respectively.

Cardano Ada Price Graph Chart

According to our market analysts, Ada is most likely to move in an upward trend over the coming weeks. It is hence recommended to hold the Ada coin for long positions.

 

About the author

Eve Manning

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.

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