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Breaking News: Ethereum Developers Set Sights On 'Hegota' As Next Major 2026 Upgrade

Litecoin and VeChain: Why These Cryptos Are Must-Buys Toda

Bitcoinist
by Bitcoinist
Last Updated: November 28, 2024 11:28 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The cryptocurrency market is buzzing with activity, boasting a total capitalization of $3.3 trillion and a daily trading volume of $200.73 billion. Bitcoin dominates the scene with 57.1% market share, but the spotlight is beginning to shift as select altcoins make compelling cases for investment. Two standouts—Litecoin and VeChain—are emerging as must-buys in today’s market landscape.

The Fear and Greed Index, sitting at an “Extreme Greed” level of 84, indicates high investor optimism, while institutional interest continues to grow, as evidenced by $193.1 million in net inflows into cryptocurrency ETFs. The Altcoin Season Index score of 58 further hints at altcoins starting to capture more attention, signaling opportunities beyond Bitcoin. Amid these dynamics, Litecoin and VeChain are positioned to deliver substantial returns, driven by their strong fundamentals and technical indicators showing bullish signs.

Recent data shows that the transaction volumes for these coins have increased significantly on platforms like ChangeNOW. This surge suggests that investors are accumulating, anticipating future growth. ChangeNOW, a platform for crypto exchanges without registration, is favored by experienced investors concerned about fund security.

VeChain Soars Nearly 100% in a Month Amid Bullish Momentum

Source: ChangeNOW

VeChain (VET) has surged by 99% in the past month and 27% in the last week, showing strong bullish influence. Its price ranges between $0.0335 and $0.0529, trading above the 10-day and 100-day simple moving averages of $0.0425 and $0.0419. The Relative Strength Index is at 59.64, indicating moderate momentum, while the Stochastic oscillator reads 86.54, suggesting potential overbought conditions. The nearest resistance level is $0.0598; breaking this could push the price to the next resistance at $0.0793, which is over a 50% increase from current levels. These technical indicators point to potential further growth for VeChain that can be traded on ChangeNOW with no registration and no hidden fees.

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

Litecoin’s Bullish Trend Hints at Significant Price Growth Ahead

Source: ChangeNOW

Litecoin (LTC) is showing strong signs of a bullish trend. Its price has increased by nearly 12% in the past week and over 36% in the past month. The current price ranges between $83 and $108, approaching the nearest resistance level at around $120. The 10-day simple moving average is slightly above the 100-day average, indicating upward momentum. The RSI is above 62, suggesting positive sentiment among traders. If this trend continues, Litecoin could reach the second resistance level near $145, representing a significant potential increase from current levels. With these indicators, the current market conditions seem favorable for those interested in Litecoin, which is available on ChangeNOW without registration or hidden fees.

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

Conclusion

Litecoin and VeChain offer distinct advantages that appeal to investors and traders alike. Litecoin is known for its quick transaction speeds and low fees, making it ideal for everyday use. VeChain specializes in enhancing supply chain processes through blockchain technology, providing real-world applications. For those looking to invest in these coins, ChangeNOW serves as an excellent platform. It enables users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration, increasing security by not holding user funds. With access to over 900 cryptocurrencies, no limits on transaction sizes, and the ability to purchase crypto with a bank card, ChangeNOW simplifies the process of managing cryptocurrency investments.

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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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