Ethereum’s recent performance has drawn attention due to its impact on other cryptocurrencies such as Cardano and Solana. According to ChangeNOW, a platform that allows for the exchange of cryptocurrencies without registration, there has been a significant increase in trading volumes for assets such as Ethereum (ETH), Solana (SOL), and Cardano (ADA). This increase indicates that sophisticated investors and large funds have begun to accumulate these assets due to security concerns, indicating potential growth in the future.

Ethereum Gains Over 14% and Approaches Resistance Levels$ETH

Ethereum has seen significant growth in the past month, gaining over 14%. Currently trading between $3,600 and $4,100, Ethereum is approaching the first resistance level at $4,300. The short-term moving average is currently around $3,600, indicating upward momentum. The Relative Strength Index (RSI) is below 40, indicating that the market is not overbought and therefore has the potential for more gains. If this first resistance is broken, Ethereum could make a significant rally to $4,800.

The current market conditions look positive for those considering investing in Ethereum. These transactions can be easily completed via ChangeNOW without any registration or hidden fees.

Solana Price Has Been Fluctuating Lately$SOL

Solana’s price has been fluctuating between $205 and $239 recently. It has fallen by 8% in the past week and about 13% in the past month. The Relative Strength Index (RSI) is at 44, indicating a lack of momentum and a weak market. Also, the MACD indicator is at -2, giving bearish signals. Solana’s nearest support level is $187, while the nearest resistance level is $255. If the resistance is broken, the price could rise to $289, which would mean a rise of about 20% from the current levels. However, if it falls below the support level, a pullback to $153 is possible. The current market conditions point to a cautious approach due to the influence of the bears.

For those following Solana’s price action, ChangeNOW offers trading with no registration or hidden fees, allowing you to trade with sensitivity to market movements.

Cardano (ADA) Is On The Rise$ADA

Cardano (ADA) has been showing signs of growth, trading between $0.94 and $1.22 recently. Over the past month, it has gained more than 30% despite a price drop of around 10%. ADA’s immediate resistance level is $1.35, with a target of $1.63 if it breaks through. The Relative Strength Index (RSI) is around 40, suggesting that the market is neither overbought nor oversold. The 10-day Simple Moving Average is slightly below the 100-day average, which could signal potential upward momentum. Over the past six months, ADA has gained more than 150%. These indicators support the potential for continued upward momentum in ADA’s price.

Cardano investors may strengthen their positions, hoping to benefit from ADA’s potential future upside.