TRX Price Prediction for September 2019: Is There a Chance to Get Out of Bearish Cycle?

While all coins out of the top 10 list are located in the red zone against the US Dollar and Bitcoin, some cryptocurrencies are trying to grow against the leading crypto. ADA is the biggest loser as its rate has soared by almost 7% over the last 24 hours. Ethereum is the so-called ’top gainer’ as its price has gone down by only 2.81%.

Here are the main indicators of Litecoin, TRX, Binance Coin, and Bitcoin SV.

Name Ticker Market Cap Price Volume (24h) Change (24h)
Litecoin LTC $4 584 189 986 0,00724818 BTC $2 570 181 947 -3,36%
TRON TRX $1 192 840 052 0,00000179 BTC $692 787 408 +2,56%
Binance Coin BNB $3 214 626 094 0,00206887 BTC $157 461 559 -3.77%
Bitcoin SV BSV $2 143 319 515 0,01201607 BTC $217 871 353 -3.05%

LTC/BTC

Even though Litecoin showed significant growth from September 14 until September 18, currently, it is located within the descending channel.

On the 4H chart, the ’digital silver’ came back to the crucial bullish line, which is going to determine the future trend. If the level of 0.0072 BTC is not broken, Litecoin will move to the next resistance point at 0.0072 BTC. However, if sellers seize the initiative, the trend will switch to bearish.

LTC is trading at 0.007233 BTC at press time.

TRX/BTC

TRX is the only coin out of the top 20 list which is located in the green zone. Its rate has increased by 2.5% over the last day against BTC.

According to the chart, TRX does not show any potential for further growth. The MACD indicator is located in a sideways trend, confirming the absence of a further rise. In this case, TRX is likely to locate within the yellow corridor between 170 and 175 satoshi until the end of September.

TRX is trading at 0.00000179 BTC at press time.

BNB/BTC

Our recent BNB price prediction came true, as the price kept its decline, followed by a further bounce back.

Binance Coin touched the local high on September 18 and now moving to the nearest support at 0.002 BTC. Such a bearish mood is confirmed by the decreasing MACD indicator. Besides, the trading volume is also located at its lowest levels.

Binance Coin Price Prediction for September 2019: Any Chances to Reach $25?

BNB is trading at 0.00206 BTC at press time.

BSV/BTC

Bitcoin SV is one of the biggest losers today, as its rate has gone down by 3% over the 24 hours.

Bitcoin SV does not show any signals of a possible revival and its rate keeps declining. Against the low index of trading volume, BSV might touch the crucial support at 0.011 BTC. Such a price is supposed to be achieved until the beginning of October. BSV is trading at 0.01205 BTC at press time.

(Excerpt) Read more Here | 2019-09-22 10:09:35
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