With all of the cryptocurrency markets showing early signs of a recovery process, interesting things can happen. While it remains to be seen if this momentum can be sustained in the long run, the TRON price is enjoying some positivity. More specifically, its value has increased by 6% in the past 24 hours, which is pretty interesting to take note of.
Things are slowly looking up for all cryptocurrency markets as of right now. Although this is only seemingly a small improvement as of right now, it remains to be seen if this positive trend can remain in place for some time to come. The Litecoin price is finally above $ 120 again after a bit of a rough day, but it remains to be seen what the coming hours and days will offer in this regard.
Most of the gains noted by various cryptocurrencies in the past 24 hours are being eradicated as of right now. There hasn’t been solid positive momentum in this industry all year long, as any uptrend is pushed down almost immediately. The NEO price still shows some positive momentum, although it will undoubtedly end up in the red later today as well.
There is still a fair amount of bearish pressure on the cryptocurrency markets as of right now. While all top currencies have noted overall gains in the past 24 hours, the one-hour candles look anything but impressive at this stage. Even so, the Tron price has noted some impressive gains, as its value has risen by just over 11%. A positive trend, although one that will be difficult to maintain.
It seems today is off to a bit of a rocky start as of right now. Although a temporary setback is nothing to be overly concerned at this point in time, it does show bearish momentum can form at any given moment. The top three are still in a safe position, for now, but the Tron price is getting a lot more pushback than expected at this point.
All cryptocurrencies are still enjoying a lot of bullish momentum as of right now. Although it remains to be seen how long the positive trend will last, things look pretty promising for the Ethereum price as of right now. Thanks to strong overnight gains, the Ethereum price has surpassed $ 800 for the first time since early March 2018. A very surprising development, although one worth keeping an eye on.
Another day of cryptocurrency trading is upon us. Even though things started to look a bit worrisome last night, there is apparently nothing to worry about whatsoever. The Bitcoin Cash price further confirms things are looking pretty solid when keeping the bigger picture in mind. As of right now, one BCH is valued at nearly $ 1,400.
In the world of cryptocurrency, there is no such thing as a boring day. Even though the positive momentum seems to have stalled a bit, for the time being, the Bitcoin Cash price is still noting some impressive gains. That in itself is rather interesting to take note of, even though such an uptrend was bound to happen at some point in the future.
A lot of interesting things are happening in the world of cryptocurrency right now. With all markets turning bullish once again, we may finally get the price bounce we have all been waiting for. If the Ethereum price is any indication, this will be a very positive weekend overall. Even so, the Ethereum price may not remain above $ 500 for that long, as profit-taking will kick in fairly soon.
Any positive cryptocurrency market momentum remains pretty difficult to come by. Even today, it seemed as if a positive trend would finally materialize, yet most of the top 20 currencies are in the red once again. The NEO price is one of the few exceptions in this regard, even though the going remains pretty tough for this altcoin.
NEO Price Gain is Being Crushed
As one would almost come to expect these days, there is little to no room for long-term passive cryptocurrency market momentum. Whereas it seemed things were off to a good start two hours ago, most of those gains have been eradicated every since Rest assured this is not the last of the bearish pressure either, as there is still a decent amount of volatility in the industry as of right now.