Known for their focus on privacy, Monero and Zcash have been gaining more attention this month.
According to data from ChangeNOW, a popular registration-free exchange, trading volumes for XMR and ZEC are on the rise, suggesting that investors, especially those concerned about security, are accumulating these coins, signaling potential for future growth.
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 Push Zcash (ZEC) to $32: Potential Growth Opportunity
Zcash (ZEC) is showing signs of a bull run. Its current price is hovering between $25.80 and $30.02, closing in on the key resistance level at $32.31. Above this point, the price could rise to $36. Coin merchants seem pleased with the recent nearly 4% weekly gain despite a tough month, suggesting positive momentum. The RSI index is just above 58, suggesting it is not overheated and has room to grow. The Stochastic indicator and MACD levels point to the possibility of further upside. For those looking to get in, ChangeNOW offers a hassle-free way to buy Zcash without registration or hidden costs.
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Conclusion
Monero and Zcash offer attractive opportunities for investors and traders due to their emphasis on privacy. Monero's strong encryption offers unparalleled anonymity, while Zcash offers optional transparency, catering to a variety of user needs. For those considering these coins, ChangeNOW stands out as a leading platform. Users can easily exchange, buy, or sell Monero and Zcash with no hidden fees. There is no registration or storage of user funds, enhancing security and privacy. ChangeNOW supports over 900 cryptocurrencies and has no limits on trading volumes. Additionally, it offers the convenience of using a bank card to purchase cryptocurrencies, making it a versatile choice for both beginners and experienced investors.
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.
