Litecoin and VeChain are becoming surprising contenders for substantial growth in the next cryptocurrency rally. ChangeNOW, a platform for exchanging cryptocurrencies without registration, reports increased transaction volumes for VET and LTC. The service is used by savvy investors and whales who prioritize fund safety. Rising transactions indicate investors are accumulating these coins, hinting at potential future growth.
VeChain’s Oversold Indicators Suggest Possible Rebound Ahead
VeChain (VET) has dipped 30% in the past week, trading between $0.0500 and $0.0693. Despite this recent bearish trend, the cryptocurrency has risen 22% over the past month and 67% in six months. Technical indicators point to oversold conditions: the Relative Strength Index is at 29.10, and the Stochastic Oscillator is at 21.03. These figures indicate that selling pressure may be easing. The nearest support level is $0.0406, with resistance levels at $0.0790 and $0.0982. If momentum shifts, VET could test these resistance points.
For those interested, VeChain is available on ChangeNOW, where it can be exchanged without registration or hidden fees.
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Is Litecoin Set for a Bullish Rebound After Recent Market Dip?
Litecoin (LTC) has seen its price range between $103 and $136 recently. Over the past week, its value dropped by over 20%, but it remains nearly 10% higher than a month ago and more than 27% up over the past six months. The Relative Strength Index (RSI) is around 30, suggesting the asset is close to being oversold. The nearest support level is at $85, while resistance is at $153. If the price moves upwards, it could potentially reach this resistance level, representing an increase of about 25% from current levels.
Litecoin can be exchanged on platforms like ChangeNOW without registration or hidden fees.
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Conclusion
Litecoin and VeChain offer distinct opportunities for investors and traders as the market gears up for a potential bull run this winter. For those considering these coins, ChangeNOW is an excellent platform to facilitate transactions. It allows users to exchange, buy, or sell without hidden fees or the need for registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW provides a convenient and secure way to engage with the crypto market.
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