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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Crypto Hype After Trump’s Win: Don’t Overlook VeChain (VET) & Litecoin (LTC) on Their Path to New Highs!”

Bitcoinist
by Bitcoinist
Last Updated: November 9, 2024 7:35 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Following Trump’s victory, the crypto market is riding a fresh wave of excitement, with Bitcoin and Ethereum stealing the spotlight. However, savvy investors are turning their attention to other strong contenders ready to capitalize on the post-election momentum. VeChain (VET) and Litecoin (LTC), both showing robust upward trends, are emerging as standout players with promising paths to new highs. ChangeNOW, a platform for exchanging cryptocurrencies without registration, reports increased transaction volumes for these coins. Savvy investors and large holders, concerned about fund safety, are using ChangeNOW. This growth suggests investors are accumulating these assets, hinting at future gains.

VeChain Shows Signs of Reversal Amid Oversold Conditions

VeChain is trading within a narrow price range, showing signs of consolidation after recent declines. The cryptocurrency has been in a bearish phase, with a noticeable drop over the past six months. However, technical indicators suggest a possible shift. The stochastic oscillator is at a low level, indicating oversold conditions that may precede an upward move. If bullish momentum builds, VeChain could test its nearest resistance level around $0.025, potentially achieving a significant percentage increase from its current price.

For those monitoring this potential reversal, VeChain’s setup could indicate a favorable entry point. Platforms like ChangeNOW provide a straightforward way to acquire VeChain with no registration or hidden fees, offering an easy path for users to engage in the market.

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

Litecoin Shows Bullish Signs with Potential Upside Ahead

Litecoin is displaying promising bullish signals, trading between $63 and $72 with recent upward movement—about 3% in the past week and 8% over the last month. The Relative Strength Index (RSI) sits around 52, pointing to a stable trend, while a low Stochastic value near 19 suggests the asset may be oversold, which could indicate building bullish momentum. With prices currently above the 100-day moving average at approximately $69, Litecoin may approach its next resistance level around $78 if this trend continues, with a further potential target near $87, representing a possible upside of over 20%.

For those watching these market indicators, Litecoin’s setup hints at positive momentum. ChangeNOW offers an easy, registration-free way to access Litecoin, with no hidden fees for a straightforward transaction experience.

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

Conclusion

VeChain (VET) and Litecoin (LTC) offer unique opportunities for investors and traders aiming to benefit from their potential growth after the recent market surge. Those considering investing in these cryptocurrencies can use ChangeNOW, a platform that allows users to exchange, buy, or sell without hidden fees or registration requirements. By not storing user funds, it enhances security for its users. Supporting over 900 cryptocurrencies with no limits on transaction volumes, ChangeNOW also provides the option to purchase crypto using a bank card. This makes it an excellent platform for engaging with these promising coins.

 

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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