As TRX(Tron) Fall, HFT, REEF, & Link See Significant Price Surge

Hashflow (HFT) token was yesterday listed as the 31st project launched by Binance Launchpool. The token has a total supply of 1 billion with a circulating supply of $175,229,156. HFT price is currently trading at $ 0.9390 after gaining over 369% in the last 24 hours according to Coingecko. The market capitalization is currently at $165,286,394 with a 24-hour trading volume of $797,803,38.

REEF price is currently trading at $0.0058 after gaining over 14% in the last 24 hours according to Coingecko. The market capitalization is currently at $117,546,504 with a 24-hour trading volume of $228,821,351.

Chainlink(Link) price is currently trading at $8.73 after gaining over 6% in the last 24 hours according to Coingecko. The market capitalization is currently at $4,280,611,408 with a 24-hour trading volume of $1,709,472,215.

However, TRX(Tron) price is currently trading bearishly at $0.061276 after losing 2.54% in the last 24 hours according to Coingecko. The market capitalization is currently at $5,651,044,144 with a 24-hour trading volume of $433,392,827.

HFT Price Analysis

Hashflow’s(HFT) token quick rise to the top can be attributed to the massive support it has received since its launch. The project is backed by big names such as Binance and OKEx and has already secured partnerships with some major industry players. With a strong team and an impressive roadmap, Hashflow is well-positioned to take advantage of the growing DeFi sector.

The RSI of HFT on the 30-minutes price chart is currently at 78.53 which suggests that the coin is in overbought territory and might soon see a correction. The HFT’s MACD on the 4-hour price chart is currently in the bullish zone with no signs of a bearish crossover. The Bollinger bands have expanded which suggests that the current rally might continue in the short term. 

REEF Price Analysis

The 4-hour chart shows that the REEF/USD pair has formed a bullish flag pattern which is a continuation pattern and suggests that the rally might continue in the near term. The REEF price is currently trading above the 20-day EMA and the 50-day SMA which is a bullish sign.

The RSI on the daily chart is currently at 71.38 and suggests that the coin is in overbought territory but might continue to move higher. The MACD on the daily chart is also in the bullish zone with no signs of a bearish crossover.

The daily chart shows that the REEF/USD pair has formed a bullish pennant pattern which is a continuation pattern and suggests that the rally might continue in the near term. The price is currently trading above the 20-day EMA but below the 50-day SMA which suggests that there might be some resistance at higher levels.

Chainlink(LINK) Price Pops Higher as Equities Rally

The 4-hour chart shows that the LINK/USD pair has formed a bullish flag pattern which is a continuation pattern and suggests that the rally might continue in the near term. The Ichimoku cloud on the daily chart has turned green which is a bullish sign.

The  RSI on the daily chart is currently at 54.34 and suggests that the coin is neither overbought nor oversold at the moment. The MACD on the daily chart is also in the bullish zone with no signs of a bearish crossover.

The key levels to watch out for on the upside are $9.0 and $9.5. Above these levels, the next key level to watch out for is $10. On the downside, the key levels to watch out for are $8.2 and $8.0. Below these levels, the next key level to watch out for is $7.5.

Tron Price Analysis: Bullish Winds Blow

Tron analysis reveals that the coin is currently facing a lot of selling pressure as the market sentiment remains bearish.  The TRX/USD pair is trading below the key support level of $0.0612. If the prices continue to fall, the next major support levels to watch out for are $0.0580 and $0.0550. On the upside, the key resistance levels are at $0.0700 and $0.0750.

The RSI indicator is currently at 40.67 and is neutral which indicates that the prices may continue to fall in the near term. The MACD indicator is currently bearish as the MACD line (blue) is above the signal line.

Overall, the market sentiment for TRX is bearish in the short term as the prices continue to fall.  In the medium term, the market sentiment is neutral as the prices are trading sideways. The market sentiment for TRX is bearish in the short term as the prices continue to fall.  In the medium term, the market sentiment is neutral as the prices are trading sideways.

Conclusion

The three assets mentioned above have seen significant price surges in the last 24 hours while TRX prices have fallen. This could be due to a variety of reasons such as TRX being listed on Binance Launchpool or whales moving their funds into these assets.  Investors should exercise caution when investing in any of these assets.