Cryptocurrency

TRON (TRX), EOS (EOS), Stellar (XLM) Market Rally: Sentiment Analysis for April 12

TRON (TRX), EOS (EOS), Stellar (XLM) Market Rally: Sentiment Analysis for April 12

SACRAMENTO, Calif. – TRON (TRX), EOS (EOS), and Stellar (XLM) market rally shows all on an upward trajectory. Despite the wave in the market that caused coins to dip, these three cryptocurrencies are also working their way back up. These coins are currently in the 13th, 6th, and 8th ranking, respectively.

The price of EOS is on the upward track as recorded last Wednesday.  An analysis shows that this token recorded 44% growth on the same day and 18.2% over the last 24 hours. It is way ahead of its scheduled introduction of eosDAC in the middle of April.

During the blockchain snapshot, all Ethereum wallets with more than 100 EOS will be rewarded with the same amount of eosDAC tokens. The community can expect these token toward the end of the year. A portfolio with less than 100 EOS would have to claim their eosDAC tokens manually.

Also last Wednesday, TRON (TRX) managed to sustain its ascending momentum. The gain was recorded at $0.035. They filed a massive 11% price surge in less than half an hour. They closed their upside gains at near $0.0385 and bearish momentum at $0.03801. The major support level is recorded at $0.035.

This performance should signal the buyers to show their interests for TRON (TRX) to prevent this coin from declining.

During the trading session last Thursday, Stellar (XLM) market rally rose over 10% over the last 24 hours. The dip in the price was recorded under $20 considering that there was a support group created.

On Wednesday their value bounced back close to $0.200. The upward trajectory was there, but it lacked momentum, and they could’ve recorded a higher price. There was a cap on the upside at $0.0226. It did not stop investors to join their market. This locked their valuable position at $0.22 area.

With the recent Stellar (XLM) market rally, it is no longer a surprise that their MACD can be seen in the positive region. This movement signals the community to take advantage of the buying power in the market. This performance still justifies what has been reported according to Stellar’s roadmap.

About the author

Bradley Johnson

Bradley Johnson

Brad is a 32-year-old Entrepreneur and is passionate about Digital Marketing and Cryptocurrencies. He first started out as a content writer and then ventured into Internet Marketing. Bradley also works as a crypto investment advisor.

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