Tron, Decentraland, Axie Infinity Price Analysis: 24 March

ambcrypto.com:

After a significant weekly climb on the Bitcoin fear and greed index, Tron crossed above the 38.2% Fibonacci level while marking an overbought position on its technicals.  

Furthermore, Decentraland and Axie Infinity saw a break above their month-long trendline resistance and also revealed overbought readings on their near-term technicals. 

Tron (TRX)

Source: TradingView, TRX/USDT

Since approaching its long-term resistance at $0.129, TRX lost over 60% of its value and plunged towards its six-month low on 24 January. Since then, the bulls have propelled a gradual recovery.

The 61.8% Fibonacci resistance shunned all substantial bullish recovery attempts from the $0.05 floor. Nevertheless, its trendline support (yellow, dashed) stood sturdy. Over the past two days, bulls found a close above the critical 38.2% resistance. Further, the 20 EMA (red) and 50 EMA (cyan) crossed the 200 EMA (green). Thus, revealing a golden cross on its 4-hour chart.

At press time, TRX traded at $0.064. The RSI approached to retest the overbought territory near the 70-mark. From here, a likely reversal would confirm a bearish divergence, leading to a short-term pullback.

Decentraland (MANA)

Source: TradingView, MANA/USDT

In its descent from its ATH, MANA lost over 70% of its value and hit its 11-week low on 22 January. Since then, it has seen a strong recovery that faced resistance at its month-long trendline resistance until 23 March. 

The recent rising wedge breakdown saw a solid revival from the $2.3-level. As a result, the alt was up by nearly 11% in just the last three days. With this rally, bulls flipped the long-term trendline resistance to support. Consequently, the price kept hovering above the upper band of the Bollinger Bands.

At press time, MANA