After a recent downturn, the crypto market is rebounding, with Ethereum and Solana at the forefront. ChangeNOW, a service for exchanging cryptocurrency without registration, reports increased transaction volumes for ETH and SOL. Savvy investors and whales concerned about fund safety are using ChangeNOW. This rise in transactions suggests investors are accumulating, hinting that these coins may grow in the future.
Ethereum Nears Resistance as Bullish Indicators Suggest Potential Growth
Source: ChangeNOW
Ethereum is showing bullish momentum, with its price currently ranging between $3643 and $4232. Over the past month, it has gained over 16%, indicating strong market interest. The Relative Strength Index stands at nearly 70, nearing overbought levels, while the Stochastic oscillator is around 85, supporting the upward trend. The Moving Average Convergence Divergence (MACD) is positive at over 54, further emphasizing the bullish sentiment. Ethereum is approaching its nearest resistance level at $4458, and if this level is breached, it could potentially reach the next resistance at $5047. The recent price movement suggests that bulls are influencing the market, and the cryptocurrency may continue its upward trajectory.
On ChangeNOW, a non-custodial platform with no hidden fees, anyone interested in Ethereum can buy, swap or exchange it without registration.
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Solana Shows Bullish Signs with Potential for Further Growth
Source: ChangeNOW
Solana (SOL) is exhibiting bullish momentum in the market. Its current price ranges between $219 and $251, sitting above both the 10-day and 100-day simple moving averages of $228 and $225. The Relative Strength Index is at 60, indicating strong momentum without being overbought. The nearest resistance level is at $264. Breaking this could see the price reaching the next resistance at $296, representing potential increases of over 12% and 25% from the current price. With a 6-month price increase of 60%, Solana shows potential for continued growth.
The current market setup appears to be favorable for Solana, which is available on ChangeNOW with no registration or hidden fees.
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Conclusion
ETH and SOL offer unique opportunities to investors and traders. Their recent movements suggest potential for notable gains. For those considering these coins, ChangeNOW provides an excellent platform for transactions. It enables users to exchange, buy, or sell these coins without hidden fees or the need for registration. This enhances security, as the platform does not store user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW simplifies the trading experience.
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