Bitcoin and Monero are gaining attention as a promising pair for enhancing portfolios. This trend is supported by ChangeNOW, a platform that facilitates cryptocurrency exchanges without the need for registration. Transactions involving BTC and XMR have surged, suggesting that savvy investors and significant players are entering an accumulation phase. These activities hint at potential growth for these cryptocurrencies.
What you'll learn 👉
Bitcoin Gains Momentum as Bulls Push Prices Higher
Bitcoin is showing signs of strength as its price climbs within the $59,000 to $65,000 range. With a weekly increase of nearly 13%, the bulls seem to be influencing the market. The next resistance level is around $67,500, and if surpassed, Bitcoin could aim for the $73,000 mark. The Relative Strength Index stands at 58, indicating there is room for further growth before reaching overbought levels. The MACD is positive, suggesting bullish momentum. Bitcoin can be purchased on platforms like ChangeNOW without registration and hidden fees.
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Monero Gains Momentum as Bulls Target Key Resistance Levels
Monero’s price is climbing, hovering between $143 and $154. In the past week, it has gained over 5%, showing strong upward movement. The next obstacle for buyers is the $160 resistance level. If the price breaks through this, it could reach $172, offering significant potential gains. The Relative Strength Index is near 70, indicating increased buying interest. Despite this, the price is below the 10-day and 100-day moving averages, suggesting there is still room for growth. This setup appears favorable for those looking to purchase Monero, which can be done on ChangeNOW without registration or hidden fees.
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Conclusion
Bitcoin and Monero each offer unique benefits for investors. Bitcoin is renowned for its widespread acceptance and strong market presence, making it a staple in investing portfolios. Monero, on the other hand, stands out for its focus on privacy, appealing to those who prioritize secure and private transactions.
For anyone considering adding these cryptocurrencies to their investment strategy, ChangeNOW is a great platform to use. It allows users to exchange, buy, or sell coins without hidden costs or even registering. This ensures better security as it doesn’t store any user funds. ChangeNOW supports over 900 different coins and imposes no limits on transaction size. Additionally, it offers the convenience of buying cryptocurrency with a bank card.
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