Cryptocurrency enthusiasts are showing increased interest in Monero, Tron, and Bitcoin this week. Transaction volumes for XMR, BTC, and TRX have surged, according to ChangeNOW. This platform allows crypto exchanges without the need for registration.
Known for attracting cautious investors and large players, the rising activity hints at a possible accumulation phase, signaling potential growth ahead.
What you'll learn 👉
Monero on the Rise: Is It Bull Time Again?
Monero (XMR) is showing signs of bullish potential amid mixed signals. Currently priced between one $163.45 and $170.14, Monero is edging towards its nearest resistance at $178.27. The ten-day simple moving average slightly surpasses the one hundred-day, hinting at upward momentum, despite the recent slight dip of over one percent this week.
Over the past six months, Monero has seen a notable growth of over 22%. This trend suggests Monero could aim for the second resistance level at $184.96, marking another potential rise. With these bullish indicators, purchasing Monero through ChangeNOW could be enticing due to its no-registration, no-fee policy.
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Bitcoin Bulls Steer the Market, Potential for Growth on the Horizon
Bitcoin has been on a positive trajectory recently, with its price range between $55,745 and $58,961. Bulls seem to be in the driver’s seat as Bitcoin nears a resistance level $63,041. If momentum continues, Bitcoin could push towards $70,337, suggesting a potential increase of about 15% from its upper range.
The ten-day moving average shows signs of a comeback compared to the hundred-day figures, signaling a favorable outlook. With indicators like RSI and stochastic leaning towards a bullish trend, the current setup seems ripe for purchasing Bitcoin. It’s accessible on ChangeNOW, where you can buy with ease — no registration, no hidden fees.
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TRON (TRX) Sees Bullish Momentum Amid Stable Support Levels
TRON (TRX) is currently trading between $0.1471 and $0.1582, showing positive signs. Its price is above the crucial support level of $0.1412. The recent rise over the past month, with a gain of about 15.57%, indicates bullish momentum. The 10-day and 100-day moving averages suggest stability, while the low RSI of 20.44 hints TRON might be oversold, promising potential for upside.
If momentum continues, TRON could target the resistance at $0.1633, with a possible increase over 3%. This favorable setting makes TRON a potentially attractive buy, and it can be purchased easily on platforms like ChangeNOW without registration or hidden fees.
Conclusion
Monero presents strong privacy features, making it attractive to those focused on confidentiality. Tron offers a robust network for decentralized apps, appealing to developers and tech enthusiasts. Bitcoin, as a market leader, continues to draw interest for its reliability and potential for high returns.
Investors looking to trade these cryptocurrencies might find ChangeNOW an ideal platform. It allows seamless exchanges, purchases, or sales without hidden fees or registration. Users benefit from enhanced security since funds are not stored on the platform.
With support for over 900 cryptocurrencies, ChangeNOW offers unlimited transaction volumes and the convenience of purchasing crypto using a bank card. Each currency provides unique advantages for a variety of investment strategies, and ChangeNOW simplifies the process.
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