September was a tough month for many in the cryptocurrency industry, but Monero (XMR) emerged strong. Monero outperformed major coins such as Ethereum and Litecoin. Data from ChangeNOW shows increased trading volumes for ETH, XMR, and LTC.
As a preferred platform for cautious investors, ChangeNOW’s movements suggest that these cryptocurrencies are entering a promising accumulation phase.
Ethereum bull market sees resistance level and may rise
Ethereum price is currently hovering between approximately $2,336 and $2,432. The 10-day simple moving average is just above $2,358, indicating a temporary halt in the downward momentum. The price has fallen over the past month, dropping by more than 12%, but bulls may be looking for a bounce. The nearest resistance level is around $2,750, a breakout of which could send Ethereum to $3,163. This could imply an attractive growth of around 25%. Given the current setup, it may be wise to buy Ethereum now on ChangeNOW, with the added benefit of no registration or hidden fees.
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Monero bull market is promising as strong gains are expected
Monero (XMR) has caught investors' attention with its promising price movement. Currently, XMR is hovering between $164 and $178, and has risen nearly 16% in the last month. Monero is above two major simple moving averages, indicating steady growth. The next major resistance is $184, which has room to rise to $198, which could lead to a 20% upside. The RSI and other indicators show that the market is in equilibrium, suggesting that the bulls are subtly gaining the upper hand. With conditions looking favorable, now might be a good time to consider buying Monero on ChangeNOW, where you can trade seamlessly without signup.
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Bulls show subtle strength in Litecoin market
Litecoin has seen a modest decline of around 3% this week, but there is still room for optimism. The current price is hovering between the high $50s and mid $60s. Bulls may be targeting the next resistance near $71, with further targets above $80 expected. The short-term moving averages suggest some positive momentum. Indicators show that Litecoin is quite active, suggesting that it may break out of its slump. There is a sense that the market may soon tilt in favor of buyers. With a steady upside expected, the setup seems favorable for buying Litecoin. ChangeNOW makes it easy to buy without any hassle or extra fees.
Conclusion
Monero (XMR) offers unique opportunities by prioritizing privacy and anonymous transactions, attracting interest in uncertain market conditions. Ethereum faces challenges but continues to attract developers with its smart contract capabilities. Litecoin aims to be a faster, more efficient version of Bitcoin, attracting investors looking for a bargain. For those interested in trading XMR, ETH, and LTC, ChangeNOW has emerged as a valuable platform. It adds security to users by not storing funds, allowing them to easily buy, sell, and exchange without hidden fees or registration. ChangeNOW supports over 900 cryptocurrencies, offers flexibility to crypto enthusiasts by not placing limits on transaction sizes, and allows them to purchase cryptocurrencies using bank cards.
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on the information presented in this article.
