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Maker {MKR}, IOTA {MIOTA} and TRON {TRX} price analysis and possible future


TRON is ranked at #14, ahead of Ethereum Classic and Dash in the market. The price descended at a rate of 2.23% in the course of the past 24-hours. The trading volume recorded is $510.314 million, while the supply has 66,682,072,191 TRX coins in play. As of this moment, the total market cap of TRON is $1.182 billion, and TRX is priced at $0.017730.

TRX was in oversold territory almost a week ago [on 21st this month] when the RSI slid to 27.90. It has since recovered and currently stands at 39.47. The MACD line has also been soaring north of the signal line since 22nd August. Though the Ichimoku Cloud is green, a trend reversal has a slight chance of occurring. TRON needs buyers to push it up to $0.02209, at which point it’ll face stiff resistance. Support lies near the $0.01600 mark.

Maker is ranked at #21 ahead of Cosmos on coinmarketcap. The price climbed slightly at a rate of 0.95% which brought MKR all the way up to $506.80. The trading volume recorded is $1.805 million, whereas the supply has 1,000,000 MKR tokens involved. The total market cap of Maker is $506.798 million.

Maker was in oversold territory on 10th, 11th, 12th, and 14th this month. The daily RSI is at 50.34 and might be heading upwards, which points to bullish force influencing the coin. The MACD line has been rising steadily over the signal line [since 19th of August]. The Ichimoku Cloud has turned green [the color change took place on 23rd]. Although the awesome oscillator peaks remain below the zero line [though they been have been green 23rd August onward].

IOTA is positioned at #18 in the market, above NEO. The price declined by 1.47% which brought MIOTA down to $0.266592. The trading volume recorded is $8.160 million, while the supply has 2,779,530,283 MIOTA coins in circulation. The total market cap of IOTA is $741 million.

On the contrary to the rest, MIOTA has a better RSI i.e. it rests at 56.07 and there is a slight possibility of a climb. The peaks for the Awesome Oscillator are about to venture north of the zero lines, and the MACD has been atop the signal line since the 19th [just like MKR]. Resistance will be felt close to the $0.3002 mark, and support can be found near the $0.2210 level.

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