#CryptoTrends2024 Toncoin, Litecoin, TRX and Cosmos ATOM are showing signs of potential growth as the new year approaches. Transaction volumes for these cryptocurrencies have increased, according to ChangeNOW, a platform for exchanging crypto without registration. Experienced investors and large holders concerned about the security of their funds are using ChangeNOW more, indicating that they are accumulating these coins, which could lead to future price increases.
Toncoin Flirts with Bullish Momentum Amid Price Fluctuations
Toncoin is currently trading between $4.61 and $6.31, showing signs of potential bullish momentum. The 1-week price increase of 5.99% suggests increasing interest from buyers. The 10-day simple moving average is $5.82, slightly above the 100-day average of $5.66, suggesting a possible uptrend. With the closest resistance level at $7.24, breaking it could lead to the next target of $8.93—an increase of over 40% from current prices. Technical indicators such as the Relative Strength Index at 42.03 and a stochastic value of 22.76 indicate that Toncoin is approaching the oversold territory, which often precedes price increases. Overall, the current technical setup points to a market tilted in favor of the bulls.
Litecoin Eyes $150 Resistance Amid Bullish Indicators
Litecoin is currently trading around $105, showing signs of bullish momentum. In the past six months, its price has surged by over forty-three percent, and in the last month alone, it has risen by thirteen percent. The 10-day simple moving average has crossed above the 100-day average, indicating potential upward movement. The Relative Strength Index is near thirty-one, suggesting that the coin may be oversold and could see a recovery. The closest resistance level is at $150, and if Litecoin reaches this level, it would represent a significant increase from its current price.
With these positive indicators, the current market setup looks favorable for those interested in Litecoin, which is available on ChangeNOW with no registration and no hidden fees.
TRON Poised for Growth: Bulls Target Next Resistance After 105% Six-Month Surge
TRON (TRX) has seen significant growth over the past 6 months, with its price increasing by over 100%. Currently trading between $0.21 and $0.29, it is approaching its closest resistance at $0.34. The Relative Strength Index is at 38.85, suggesting that the asset is not overbought, and the Stochastic indicator at 24.05 points to potential upward movement. Despite a slight drop of just over 2% in the past week, the 1-month increase of almost 29% shows bullish momentum. If TRON breaks through the resistance levels at $0.34 and $0.42, it could see substantial gains.
The current setup looks favorable for TRON, which can be bought or traded on Binance.
Cosmos (ATOM) Shows Upside Potential Despite Recent Downtrend
Cosmos (ATOM) has been under bearish influence, with its price declining 14% in the past week and nearly 17% in the past month. Currently trading between $5 and $9, the Relative Strength Index is around 30, indicating that the asset may be oversold. If the price moves beyond the closest resistance level of $11, it could potentially reach the next resistance near $14, marking a significant percentage increase. Low RSI and Stochastic values suggest a possible upward movement.
With these indicators, Cosmos presents an interesting situation in the market.