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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

Final Breakthrough Ahead? Monero and Litecoin Gear Up as Kaspa Bucks the Trend

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Monero, Litecoin, and Kaspa present intriguing developments in the cryptocurrency world as they diverge from prevailing market trends. According to ChangeNOW, a popular registration-free crypto exchange service, the transaction volume of XMR, LTC, and KAS has noticeably increased. This uptick suggests that large holders, or crypto whales, are now in an accumulation stage, hinting at potential future growth for these coins.

 

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.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

 

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.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

 

Kaspa (KAS) Price Fluctuates, Bulls Take Charge

Kaspa’s price is moving between 14 and 16 cents currently. Bulls seem to be leading the way, pushing the price up. In the last week, the price jumped over 15%. If this trend continues, it could soon face resistance at around seventeen cents. If it breaks through, it might aim for $0.20, which would mean a potential growth of more than 20% from the lower current range. With its Stochastic indicator near 100, momentum looks strong. Buyers might find the current setup attractive for purchasing Kaspa, especially with options like ChangeNOW offering easy, fee-free transactions without registration.

Conclusion

Monero, Litecoin, and Kaspa each present unique opportunities for both investors and traders. Monero is known for its focus on privacy, while Litecoin offers a faster transaction experience. Kaspa stands out with its innovative technology. When considering investments in these coins, ChangeNOW emerges as an excellent platform choice. This service allows users to exchange, buy, or sell these cryptocurrencies without any hidden fees and requires no registration. As it does not store user funds, it enhances transaction security. Supporting over 900 different cryptocurrencies, ChangeNOW also sets no limits on transaction volumes and provides a convenient option to purchase crypto with a bank card, making it a versatile platform for all crypto needs.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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