Cryptocurrency investors are showing increasing interest in major assets like Ethereum and Solana. According to ChangeNOW, trading volumes for these two coins have increased, and while investors are concerned about making secure trades, the services offered by the platform play a significant role in alleviating these concerns. The increased trading activity signals future growth potential for these assets.
Ethereum$ETH
It is currently trading between $3,648 and $4,137, near the key support level of $3,340. Technical indicators, particularly the RSI of 37.85 and the Stochastic of 17.04, suggest that Ethereum is approaching oversold territory. Ethereum has been on a strong bullish momentum lately, with its price up 25% in the last month. If the market continues to move higher, Ethereum could test the first resistance level at $4,318, which would imply a potential 11% upside from current levels. If the momentum continues, it could reach the second resistance level of $4,807 for a further 23% upside. These technical structures suggest a very interesting opportunity for Ethereum.
Investors interested in Ethereum can opt for platforms like ChangeNOW. This platform offers users a secure and private trading experience by offering the ability to easily trade cryptocurrencies without registration, storage, and hidden fees.
Solana$SOL
is currently trading between $205 and $240, up slightly by 1% in the past week. While it is down 9% in the past month, it has gained more than 60% in six months. Technical indicators, particularly the Relative Strength Index (RSI) at 39 and the low Stochastic reading, suggest that Solana is oversold and could be ready for a rally. If the price rises as the bullish momentum continues, Solana could reach the $255 resistance level, which could provide a potential gain of around 15%. Furthermore, the alignment of moving averages and the MACD indicator approaching the positive territory suggest that the bulls are more likely to influence the market.
For investors looking to explore Solana, ChangeNOW stands out as an effortless way to trade cryptocurrencies with no registration and no hidden fees. Users looking for privacy and convenience can get a safe trading experience.
Ethereum and Solana present significant opportunities for investors in the current market conditions. Platforms like ChangeNOW are making these opportunities more accessible to users looking to buy and sell these assets by providing a trading experience with no registration, no custody, and no hidden fees.