As the holiday season approaches, seasoned altcoins are catching investors’ attention. According to ChangeNOW, transaction volumes for Litecoin and VeChain have grown. ChangeNOW, a registration-free cryptocurrency exchange service, is popular among savvy investors and whales concerned about fund safety. The increase in transactions suggests that investors are accumulating, and these coins may see growth in the future.
Litecoin Shows Strong Uptrend Despite Recent Pullback
Litecoin’s price has increased over 50% in the past month, despite a recent 11% dip this week. The current price sits around the 10- and 100-day moving averages, indicating stability. With the Relative Strength Index near neutral and a positive MACD, signs point to bullish momentum. If Litecoin breaks past the resistance at $164, it could reach the next resistance at $196, offering gains of over 20%. The nearest support is just above $100, suggesting a solid base. Traders are watching for a breakout above the current resistance, which could signal continued bullish activity.
For those looking to capitalize on Litecoin’s potential, a reliable exchange is key. ChangeNOW provides a hassle-free platform for buying and swapping Litecoin, offering no registration and fast transactions.
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VeChain’s Recent Dip May Signal Next Bullish Move Ahead
VeChain (VET) has experienced a slight drop, with a 1-week price change of -12%, bringing the RSI to 41. Despite this, over the past month, VET’s price has soared by nearly 120%, indicating strong bullish momentum. The current price ranges between $0.0488 and $0.0839. Both the 10-day and 100-day simple moving averages are close, around $0.0588. The nearest resistance level is just under $0.10. If VET breaks through this point, it could reach higher levels. The MACD is slightly negative, suggesting the market is consolidating before a potential upward move.
For investors eager to seize VeChain’s potential, ChangeNOW makes it easy to buy and swap this coin with no registration, no hidden fees, and quick transactions, ensuring a seamless experience for traders at any level.
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Conclusion
In conclusion, both Litecoin and VeChain offer unique opportunities for investors this Christmas. Litecoin provides fast and low-cost transactions, appealing to those seeking efficiency. VeChain focuses on improving supply chains through blockchain, attracting interest from businesses and traders alike. For those considering investing in these coins, ChangeNOW stands out as an excellent platform. 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. Supporting over 900 cryptocurrencies, with no limits on transaction volumes, and offering the option to purchase crypto using a bank card, ChangeNOW makes trading accessible and straightforward.