Cardano and Litecoin are showing strong potential for a positive shift this October. Meanwhile, Monero could also be on the path to gains. According to ChangeNOW, the transaction volumes for ADA, LTC, and XMR have seen a notable increase. This platform, favored by savvy investors and whales, suggests that these cryptocurrencies are moving into the accumulation phase.
Cardano (ADA) Gains Momentum as Bulls Eye Key Resistance Levels
Cardano is bouncing back, trading between $0.31 and $0.35. The price has recently seen a 9% weekly rise, suggesting bullish momentum. ADA faces its first resistance at $0.37, but if bulls break through, reaching $0.40 seems likely. This could mean a 14% hike from current levels. Support remains strong at $0.29, offering a safety net if the price dips. The RSI sits near 51, showing a neutral market, but recent growth hints at more upside potential. The setup looks promising for those considering adding ADA to their portfolios. Purchasing Cardano is easy on ChangeNOW, with no need for sign-ups or hidden fees.
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Bulls Show Subtle Strength in Litecoin Market
Litecoin has seen a slight drop of around 3% this week, but there’s still room for optimism. The current price is hovering between the high fifties and mid-sixties. Bulls could be eyeing the next resistance at around $71, with a further target beyond $80. The short-term moving average suggests some positive momentum. Indicators show Litecoin is quite active, hinting that it might break out of its funk. There’s a sense that the market could soon tip in favor of buyers. With prospects of a steady climb, this setup seems to favor purchasing Litecoin. You can buy it on ChangeNOW easily without fuss or extra charges.
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Monero’s Bullish Run Shows Promise with Solid Gains on the Horizon
Monero (XMR) is catching the eye of investors with its promising price movements. Currently ranging between $164 and $178, XMR has shown a nearly 16% increase in the last month. Monero is riding above two key simple moving averages, indicating steady growth. The next major resistance sits at $184, with more room to climb towards $198, offering potential for a 20% increase. The RSI and other indicators suggest a balanced market, hinting bulls are subtly gaining control. With conditions appearing ripe, now could be a good time to explore purchasing Monero on ChangeNOW, where you can trade seamlessly without signing up.
Conclusion
Cardano, Litecoin, and Monero each present distinctive benefits for investors. Cardano offers innovative smart contract features, Litecoin is known for its faster transaction times, and Monero focuses on high privacy and security. For those looking to invest or trade these cryptocurrencies, ChangeNOW is a recommended platform. It allows users to exchange, buy, or sell these coins easily and securely, with the advantage of no hidden fees and no need for registration. This platform supports over 900 different cryptocurrencies, has no limits on transaction amounts, and lets users purchase crypto with a bank card. ChangeNOW’s system enhances user confidence by not holding any user funds.
