Significant developments are unfolding in the cryptocurrency market as transaction volumes rise for major digital assets.
ChangeNOW, a platform enabling crypto exchanges without registration, reports a surge in activity involving specific coins.
This trend suggests that savvy investors and large stakeholders concerned about fund safety are entering an accumulation phase, indicating these cryptocurrencies may experience future growth.
TRON Price Analysis: Bulls Eye Resistance Levels as Momentum Builds
TRON (TRX) is currently trading in the range of $0.17 to $0.22, showing steady movement. The nearest resistance level is at $0.23, with support at $0.15.
Over the past month, TRX has seen a price increase of 26%, and a significant 72% rise over six months.
The Relative Strength Index stands at 43.91, indicating the market is not overbought. The Stochastic oscillator is at 65.74, suggesting potential upward momentum. If TRX breaks the $0.23 resistance, it could target the next level at $0.27, which would represent a potential increase of around 22%.
The Simple Moving Averages over 10 and 100 days both sit at $0.20, showing price stability.
Given the current indicators, TRON could see a strong upward trend in the nearest term. This coin is availble on ChangeNOW with no registration and no hidden fees.
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VeChain (VET) Shows Bullish Momentum with Potential for Further Growth
VeChain (VET) has seen a significant price increase recently, rising over 25% in the past week and nearly 37% in the past month.
The current price ranges between $0.0236 and $0.0337, surpassing both the 10-day and 100-day simple moving averages at around $0.0325 and $0.0313 respectively.
The Relative Strength Index (RSI) is above 53, indicating mild bullish momentum.
If this trend continues, VeChain could test the nearest resistance levels at $0.0387 and possibly $0.0489, suggesting potential for further gains.
With recent positive market indicators, VeChain’s current setup is notable. VeChain is available on ChangeNOW with no registration and no hidden fees.
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Litecoin Gains Over 12% in a Week, Bulls Eyeing Higher Levels
Litecoin has gained over 12% in the past week, with its price now ranging between $73.24 and $99.82.
The recent uptick suggests bullish momentum as buyers push towards the nearest resistance level at $112. Reaching this point could mean a potential increase of around 30% from current prices.
The 10-day simple moving average is $86.07, slightly below the 100-day average of $89.12, indicating a possible upward trend. Stochastic levels are high at 77.91, hinting at strong market interest.
With support solidifying at $59.32, the downside appears limited. The current market setup seems favorable for those considering Litecoin, which is available on ChangeNOW without registration and hidden fees.
Conclusion
Investors and traders may find unique opportunities with TRX, VET, and LTC, each offering distinct advantages in the cryptocurrency market.
For those considering transactions with these coins, ChangeNOW provides an excellent platform.
It enables users to exchange, buy, or sell without hidden fees and without the need for registration.
This enhances security by not storing user funds. ChangeNOW supports over 900 cryptocurrencies and imposes no limits on transaction volumes. Additionally, it offers the option to purchase crypto using a bank card.
