SwanBitcoin445X250

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As the total market volume fell by nearly 8% in 24 hours, the price of Ethereum Classic remained unaffected by larger market movements. TRX gently dipped in value as it traded close to its support level. Dogecoin’s charts depicted a downtrend after price consolidation. 

Tron (TRX)

Tron, Ethereum Classic and Dogecoin Price Analysis: August 3TRX/USD[1], Trading View

At the time of writing, TRX[2] was priced at $0.063 on the back of a 0.6% overnight decline. The constricted Bollinger Bands at press time displayed that volatility had fallen to low le. It cannot be said in certain terms whether this will be followed by a price hike or fall. 

The immediate price support lay at $0.060 and if the price rise, TRX could witness resistance at $0.066 and then at $0.069. Awesome Oscillator displayed the chances of bearish pressure mounting as the red signal bars were visible at press time.

Conversely, the Relative Strength Index noted a gentle uptick and maintained itself on the midline. 

Ethereum Classic (ETC)

Tron, Ethereum Classic and Dogecoin Price Analysis: August 3ETC/USD[3], TradingView

Ethereum Classic[4] dipped 3.2% over the last 24 hours and was selling for $49.33 at press time. Ahead of the London Hard Fork, prices haven’t really recovered, although, ETC’s price movement is also heavily affected by Ethereum’s price action.

The next support level for ETC lay at $45. Parabolic SAR

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