Cardano and Solana may be gearing up for a strong finish this year. ChangeNOW, a platform for exchanging cryptocurrencies without registration, reports rising transaction volumes for ADA and SOL. This increase hints that investors, including savvy traders and whales mindful of their funds’ safety, are accumulating these coins. The trend suggests these cryptocurrencies might see growth ahead.
What you'll learn 👉
Cardano Shows Bullish Signs with Recent Price Surge
Cardano (ADA) has seen a significant price increase recently, with a weekly gain of over 76% and a monthly rise of around 69%. The current price ranges between $0.387 and $0.726, approaching the nearest resistance level at $0.86.
Technical indicators like the Relative Strength Index at 59 and a Stochastic value above 80 suggest bullish momentum. The 10-day and 100-day simple moving averages are close, around $0.56 and $0.57, indicating potential for continued growth. If the upward trend continues, Cardano could test higher resistance levels, possibly reaching $1.20.
The current market setup appears favorable for those interested in Cardano that can be traded on ChangeNOW with no registration and no hidden fees.
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Solana (SOL) Surges as Bulls Drive Prices Toward Key Resistance Levels
Solana’s price has surged recently, posting a weekly increase of over 31% and a monthly gain exceeding 48%. Trading within the $171 to $231 range, the market shows strong bullish influence. The Relative Strength Index is around 66, indicating solid momentum.
The nearest resistance level is at $253, and breaking through it could see prices aiming for the next level at $314. Both the 10-day and 100-day Simple Moving Averages are close to $211, supporting the upward trend.
With these factors combined, Solana continues to draw attention. It is available on ChangeNOW with no registration and no hidden fees.
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Conclusion
As Cardano and Solana prepare for a potential surge by the end of the year, investors and traders have unique opportunities to explore. Cardano seeks to provide a secure and efficient platform for smart contracts, while Solana focuses on delivering fast transactions with low fees.
For those considering investing in these coins, ChangeNOW offers an excellent platform for transactions. It allows users to exchange, buy, or sell these cryptocurrencies 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 simplifies the process for both newcomers and seasoned investors.
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