As the crypto market turns bullish, Litecoin (LTC) and TRON (TRX) are attracting attention. Transaction volumes for these coins have grown, according to ChangeNOW, a service for exchanging cryptocurrency without registration. Savvy investors and whales worried about fund safety are using ChangeNOW. The rise in transactions suggests investors are accumulating, indicating these coins may grow in the future.
Litecoin Gains Over 12% in a Week, Bulls Eyeing Higher Levels
Litecoin has gained over 12% in the past week, with its price now ranging between $73.24 and $99.82. The recent uptick suggests bullish momentum as buyers push towards the nearest resistance level at $112. Reaching this point could mean a potential increase of around 30% from current prices. The 10-day simple moving average is $86.07, slightly below the 100-day average of $89.12, indicating a possible upward trend. Stochastic levels are high at 77.91, hinting at strong market interest. With support solidifying at $59.32, the downside appears limited. The current market setup seems favorable for those considering Litecoin, which is available on ChangeNOW without registration and hidden fees.
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TRON Price Analysis: Bulls Eye Resistance Levels as Momentum Builds
TRON (TRX) is currently trading in the range of $0.17 to $0.22, showing steady movement. The nearest resistance level is at $0.23, with support at $0.15. Over the past month, TRX has seen a price increase of 26%, and a significant 72% rise over six months. The Relative Strength Index stands at 43.91, indicating the market is not overbought. The Stochastic oscillator is at 65.74, suggesting potential upward momentum. If TRX breaks the $0.23 resistance, it could target the next level at $0.27, which would represent a potential increase of around 22%. The Simple Moving Averages over 10 and 100 days both sit at $0.20, showing price stability. Given the current indicators, TRON could see a strong upward trend in the nearest term. This coin is availble on ChangeNOW with no registration and no hidden fees.
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Conclusion
Litecoin (LTC) and Tron (TRX) each offer distinct advantages to investors and traders. Litecoin is known for its quick transaction times and minimal fees, making it suitable for everyday transactions. Tron emphasizes decentralized applications and content sharing, attracting those interested in blockchain-based entertainment platforms. For those considering investing in these cryptocurrencies, ChangeNOW offers an excellent platform for transactions. It allows users to exchange, buy, or sell coins 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 amounts, and the option to purchase crypto using a bank card, ChangeNOW provides a seamless and flexible trading experience.
