Cryptocurrencies Price Prediction: DASH, Tron & Ripple – European Wrap 27 April
Dash Price Analysis: DASH gets ready for block rewards reduction and joined AMA session with Huobi
DASH is the 19th largest digital asset with the current market value of $723 million and an average daily trading volume of $893 billion. The coin has lost over 3% in the recent 24 hours to trade at $81.93 at the time of writing; however, it is still over 7% higher on a week-on-week basis. Dash hit the recent high $88.25 on April 25, but failed to hold the ground.
Tron Market Update: TRX/USD breaks out above $0.0140, could hit 200-day SMA
Tron price has stayed in the bullish corner since it stepped above the 50-day SMA last week. The recovery was part of a bullish action commenced following a correction from the sharp dive in cryptocurrency prices in mid-March. Initially, TRX/USD pushed past the 23.6% Fibonacci level taken between the last swing high at $0.02680 to a swing low at $0.0073. However, extended movements north were limited by the resistance at $0.014 until the breakout on Monday during the Asian session.
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Ripple Price Analysis: XRP is a burden for Ripple - expert opinion
Ripple's XRP hit the intraday high at $0.1997 as the cryptocurrency market resumed the recovery during early Asian hours. However, by press time, XRP retreated to $0.1977 to trade unchanged since the beginning of the day. Since this time on Sunday, the coin has gained over 1%. Ripple's XRP is the third-largest digital asset with the current market value of $8.7 billion and an average daily market trading volume of $1.8 billion.
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