• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

TA- Trezor (TRB) Holds Strong Above $40, Will The Crypto Pul…

in Crypto Exchanges
Reading Time: 4 mins read
TA- Trezor (TRB) Holds Strong Above , Will The Crypto Pul…
7
VIEWS
Share on Facebook

The price of Trezor (TRB) in the last few days has continued to look strong against Tether (USDT). Bitcoin (BTC), Ethereum (ETH), and other altcoins have struggled to hold above their key support zones after the market turned bearish. The price of Trezor (TRB)  has continued to maintain its bullish structure. (Data from Binance)

Trezor (TRB) Price Analysis On The Weekly Chart

Weekly TRB Price Chart | Source: TRBUSDT On Tradingview.com

From the chart, the price of TRB saw a weekly low of $10, which bounced from that area and rallied to a price of $40 after showing great recovery signs in recent weeks. 

TRB weekly candle closed with a bullish sentiment with the new week’s candle looking bullish with eyes set for the $60 mark. 

The price has struggled to build more momentum as it tries to hold key support.

If the price of TRB on the weekly chart continues with this structure, it could quickly revisit  $60 acting as a resistance to the price of TRB.

Weekly resistance for the price of TRB – $40, $60.

Weekly support for the price of TRB – $28.

Price Of Trezor On The Daily (1D) Chart

TRBUSDT 2022 08 19 19 02 21
Daily TRB Price Chart | Source: TRBUSDT On Tradingview.com

The price of TRB found strong support at $28 above a trendline after successfully forming a bullish structure, the support at $28 seems to be an area of interest on the daily chart.

TRB bounced from its support and rallied to $40 where it was faced with resistance.

The price of TRB has formed an uptrend line acting as a support for the price of TRB. 

The price of TRB needs to hold above this trendline, a break below it invalidates the bullish structure.

At the point of writing, the price of TRB is at $40, just above the 50 and 200 Exponential Moving Average (EMA) which corresponds to prices at $28 and $24.

The Relative Strength Index (RSI) for the price of TRB on the daily chart is below 70, indicating more buy bids.

Daily (1D) resistance for TRB price – $40.

Daily (1D) support for TRB price – $28, $24.

Price Analysis Of TRB On The Four-Hourly (4H) Chart

TRBUSDT 2022 08 19 19 55 36
Four-Hourly TRB Price Chart | Source: TRBUSDT On Tradingview.com

The price of TRB has continued to sustain its bullish structure above the 50 EMA price corresponding to $38 acting as support and area of interest.

On the 4H timeframe, the 200 EMA is also acting as key support for the price of TRB.

If TRB fails to hold the support region of 50 and 200 EMA which corresponds to $38 and 30$ we could see the price retesting the region of $21 as the next support area to hold the TRB price.

Four-Hourly (4H) resistance for TRB price – $40.

Four-Hourly (4H) support for TRB price – $38, $30.

Featured Image From ITPRO, Charts from TradingView.com 

Source link

Cryptocurrency Scams and How to Avoid Them

Everything you need to know About the Website Moonpay


  • Trending
  • Comments
  • Latest
Expert Bitcoin Price Predictions: From K to K in 2023, and Beyond

Expert Bitcoin Price Predictions: From $20K to $38K in 2023

1 February 2023
How Investigators Trace Crypto Criminals?

How Investigators Trace Crypto Criminals?

30 January 2023
How to trade cryptocurrency on Coinbase

How to trade cryptocurrency on Coinbase

31 January 2023
MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

2 February 2023
How to trade cryptocurrency on Binance

How to trade cryptocurrency on Binance

27 January 2023
Sberbank Cover 1024x538 1

Russia’s Largest Bank to Launch Ethereum-Compatible DeFi Platform

5 February 2023
upload 7d22bc5d7be9c0d5d8f50161734559ae

KZG Ceremony Grant Round | Ethereum Foundation Blog

5 February 2023
Article Post Images 23

Bitcoin (BTC) Price to Surge 8x If This Scenario Plays Out – Here’s How and When

5 February 2023
crypto hacking

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News

4 February 2023
ripple sec lawsuit

Ripple Vs SEC Update: Latest Hearing Offers Hope, XRP Gains Upper Hand

3 February 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)€21,116.01-2.54%
    BITCOIN
    24H : -2.54%
    Volume : €26,146,689,246.16
    Marketcap : €407,095,698,946.62
  • ethereumEthereum(ETH)€1,504.31-2.66%
    ETHEREUM
    24H : -2.66%
    Volume : €7,696,268,172.74
    Marketcap : €181,098,923,905.58
  • usdex-stablecoinUSDEX(USDEX)€0.995-0.96%
    USDEX
    24H : -0.96%
    Volume : €118,440.27
    Marketcap : €102,881,883,688.82
  • tetherTether(USDT)€0.927-0.02%
    TETHER
    24H : -0.02%
    Volume : €35,113,416,046.90
    Marketcap : €63,122,289,360.35
  • binancecoinBNB(BNB)€299.68-2.67%
    BNB
    24H : -2.67%
    Volume : €913,376,064.70
    Marketcap : €40,365,466,596.02
  • usd-coinUSD Coin(USDC)€0.9270.00%
    USD COIN
    24H : 0.00%
    Volume : €2,535,993,268.11
    Marketcap : €38,903,882,804.71
  • rippleXRP(XRP)€0.370-2.70%
    XRP
    24H : -2.70%
    Volume : €922,140,777.46
    Marketcap : €18,799,875,053.98
  • binance-usdBinance USD(BUSD)€0.9280.120%
    BINANCE USD
    24H : 0.120%
    Volume : €8,693,188,032.64
    Marketcap : €15,090,779,316.89
  • cardanoCardano(ADA)€0.362-2.12%
    CARDANO
    24H : -2.12%
    Volume : €352,676,499.86
    Marketcap : €12,699,885,816.38
  • dogecoinDogecoin(DOGE)€0.085-3.71%
    DOGECOIN
    24H : -3.71%
    Volume : €865,020,010.33
    Marketcap : €11,729,439,118.15
  • okbOKB(OKB)€41.291.57%
    OKB
    24H : 1.57%
    Volume : €25,258,425.65
    Marketcap : €10,180,946,642.95
  • matic-networkPolygon(MATIC)€1.09-4.90%
    POLYGON
    24H : -4.90%
    Volume : €568,734,993.72
    Marketcap : €9,884,690,409.35
  • solanaSolana(SOL)€21.41-5.38%
    SOLANA
    24H : -5.38%
    Volume : €632,174,694.03
    Marketcap : €7,980,762,172.79
  • shiba-inuShiba Inu(SHIB)€0.000013-4.22%
    SHIBA INU
    24H : -4.22%
    Volume : €968,000,855.61
    Marketcap : €7,861,833,992.92
  • staked-etherLido Staked Ether(STETH)€1,498.70-2.76%
    LIDO STAKED ETHER
    24H : -2.76%
    Volume : €12,947,889.85
    Marketcap : €7,577,162,909.18
  • polkadotPolkadot(DOT)€6.15-3.27%
    POLKADOT
    24H : -3.27%
    Volume : €246,766,569.33
    Marketcap : €7,376,775,535.77
  • litecoinLitecoin(LTC)€88.75-2.75%
    LITECOIN
    24H : -2.75%
    Volume : €480,795,654.15
    Marketcap : €6,405,066,856.15
  • avalanche-2Avalanche(AVAX)€18.35-5.91%
    AVALANCHE
    24H : -5.91%
    Volume : €322,530,681.89
    Marketcap : €5,782,199,878.18
  • tronTRON(TRX)€0.059-2.01%
    TRON
    24H : -2.01%
    Volume : €475,088,663.30
    Marketcap : €5,374,749,295.55
  • uniswapUniswap(UNI)€6.29-6.48%
    UNISWAP
    24H : -6.48%
    Volume : €141,162,099.55
    Marketcap : €4,739,006,071.39
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}