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.
Ethereum in Tug-of-War Between Bulls and Bears Amid Price Consolidation
Ethereum’s price is fluctuating between $2912 and $3340, reflecting a market struggling for direction. Over the past month, ETH has gained 13%, but it has dropped 4% in the last week. The Relative Strength Index sits near 48, indicating neither overbought nor oversold conditions.
The nearest resistance level is at $3606, with potential to reach $4034 if bullish momentum builds. Support lies at $2749, providing a safety net for price dips. The 10-day and 100-day simple moving averages are close, suggesting a potential breakout.
If Ethereum overcomes resistance, it could see a percentage increase in the double digits. The current technical indicators hint at a balanced market with potential for upward movement. ETH is available on ChangeNOW with no registration and no hidden fees.
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Cosmos (ATOM) Gains Momentum as Bulls Push Toward Resistance Levels
Cosmos (ATOM) has surged, rising nearly 22% in the past week and about 38% over the past month. Currently trading between $4.78 and $6.62, it sits just above its 100-day simple moving average of $6.16.
Technical indicators, with an RSI of 55.06 and a positive MACD, indicate bullish momentum. If this trend continues, ATOM could reach the nearest resistance level at $7.55, offering a potential gain of around 14%.
Beyond that, the second resistance at $9.39 is within sight, representing over a 40% increase from current prices. This favorable setup suggests interest in Cosmos is growing, and it is available on ChangeNOW with no registration and no hidden fees.
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Solana’s Steady Climb Suggests Bullish Momentum Ahead
Solana (SOL) has been on an upward trajectory, with its price increasing by nearly 12% in the past week and over 40% this month. Currently trading between $210 and $250, the cryptocurrency is approaching its nearest resistance level at about $270.
If the bullish trend continues, Solana could test the next resistance around $310, marking a significant gain from current prices. The 10-day and 100-day simple moving averages are aligned near $235, supporting this upward movement.
While the Relative Strength Index sits just below 50, indicating room for growth, market sentiment appears optimistic. Given these trends, some may see this as a favorable time to consider Solana, which is available on ChangeNOW without registration or hidden fees.
Conclusion
Investors and traders may find unique opportunities with SOL, XRP, and ADA, 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.
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