Tron is currently trading within an ascending triangle and the indicators are not predicting a breakout in the next few trading sessions. Aave has brightened up the bullish signals and is trying to catch newer highs on the charts.
Tron (TRX) price analysis
Tron was rejected at the $ 0.034 price level as the price was heading towards the lower end of the ascending triangle. While the price typically witnesses a break above this pattern, low trading volumes mean the price may continue to move within these trend lines for the next few sessions. However, an increase in buying activity could push TRX above the upper trendline and towards the $ 0.036 resistance.
While the Stochastic RSI was on the border of the bearish trend, the Awesome Oscillator recorded a single bearish point. A break down the triangle could see TRX drop below the $ 0.031 support.
Aave (AAVE) price analysis
Aave, the price is trading near record highs and is back from support at $ 285.8. The increase in the last 24 hours was supported by the increase in trade volume and healthy buying activity. A move above the $ 317 resistance level could result in AAVE reaching an all-time high. This was supported by a bullish Relative Strength Index that is not yet at its peak.
The Awesome Oscillator pictures the beginning of the bullish momentum in the market.