{"id":926,"date":"2024-08-20T12:04:59","date_gmt":"2024-08-20T12:04:59","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2024\/08\/20\/ripple-and-tron-strong-bullish-impulses-this-week\/"},"modified":"2024-08-20T12:04:59","modified_gmt":"2024-08-20T12:04:59","slug":"ripple-and-tron-strong-bullish-impulses-this-week","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2024\/08\/20\/ripple-and-tron-strong-bullish-impulses-this-week\/","title":{"rendered":"Ripple and Tron: strong bullish impulses this week"},"content":{"rendered":"<div>\n<div><\/div>\n<h1>Ripple and Tron: strong bullish impulses this week<\/h1>\n<p><span>Since the start of this week, the price of Ripple has been in a strong bullish trend, with the formation of a new weekly high at the 0.6155 level<\/span><br \/>\n<span>The price of Tron is also in a strong bullish trend for the third week in a row<\/span><\/p>\n<h2>Ripple chart analysis<\/h2>\n<p><span>Since the start of this week, the price of Ripple has been in a strong bullish trend, with the formation of a new <a href=\"https:\/\/www.financebrokerage.com\/solana-and-cardano-solana-moves-above-the-weekend-high\/\">weekly<\/a> high at the 0.6155 level. We are currently encountering an open in that zone and pulling back to 0.6095. If the price manages to hold here, it could trigger a continuation of the bullish consolidation. With this, we will form a new weekly high and confirm staying on the bullish side. Potential higher targets are 0.6200 and 0.6250 levels.<\/span><\/p>\n<p><span>For a bearish option, we need Ripple to pull back to the 0.6000 level. There, we will test the daily open price. If we fail to hold on there, we will see a move below to a new daily low. This confirms the strengthening of the bearish momentum and pressure on the price to continue falling. Potential lower targets are 0.5950 and 0.5900 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<h2>Tron chart analysis<\/h2>\n<p><span>The price of Tron is also in a strong bullish trend for the third week in a row. Today, we climbed to a new high at the 0.146904 level. Everything indicates that we will continue to grow and see the price soon reach a new high. There is strong bullish Tron momentum and no signs of a potential reversal or slowing of the trend. Potential higher targets are the 0.148000 and 0.149000 levels.<\/span><\/p>\n<p><span>For a bearish option, we need a negative consolidation and\u00a0 Tron price drop below 0.145000. With that step, we will see a reduction of the previous momentum and a strengthening of the bearish pressure. After that, the critical level is 0.143290, the daily open price. If this level does not hold, a break below will follow, and the price will fall to a new daily low. Potential lower targets are 0.142000 and 0.141000 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/www.financebrokerage.com\/ripple-and-tron-strong-bullish-impulses-this-week\/\">Ripple and Tron: strong bullish impulses this week<\/a> appeared first on <a href=\"https:\/\/www.financebrokerage.com\/\">FinanceBrokerage<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple and Tron: strong bullish impulses this week Since the start of this week, the price of Ripple has been in a strong bullish trend, with the formation of a new weekly high at the 0.6155 level The price of Tron is also in a strong bullish trend for the third week in a row [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":927,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/comments?post=926"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/927"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}