Large crypto investors known as “whales” are increasingly supporting Ethereum, Monero, and Litecoin. According to ChangeNOW, a popular anonymous crypto exchange platform, the trading volume of these coins has skyrocketed. This trend suggests that investors may be at the stage of accumulating these digital assets, suggesting potential for future growth.
Ethereum eyes resistance as bulls push price higher on short-term rebound
The price of Ethereum is on the rise, trading between $2,350 and $2,550, with a notable increase of nearly 10% in the last week and more than 11% this month. The nearest resistance level is just above around $2,630, and if the bulls maintain momentum, Ethereum could reach this level soon. The next significant barrier is around $2820. Support levels are around $2250 and $2060, providing a safety net. Technical indicators such as RSI and stochastics are in neutral territory, suggesting there is room for growth. If the uptrend continues, Ethereum could see a significant percentage increase from its current position, offering purchase opportunities on ChangeNOW, a custodial-free platform that does not require registration.
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Monero gains momentum as bulls target key resistance levels
The price of Monero has been rising, hovering between $143 and $154. It's up more than 5% over the past week, showing a strong upward trend. The next hurdle for buyers is the $160 resistance level. If the price breaks above this, it could reach $172, which could result in significant profits. The relative strength index is near 70, indicating increased buying interest. Despite this, the price remains below the 10-day and 100-day moving averages, suggesting there is still room for growth. This setup appears to be advantageous for those looking to purchase Monero, which can be purchased on ChangeNOW without registration or hidden fees.
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Litecoin rises over 13% in one week: bulls could take the lead
Litecoin (LTC) price recently rose between $62 and $67, marking an impressive weekly increase of over 13%. The Relative Strength Index (RSI) is hovering around 56, suggesting bullish momentum is building. As the current price is approaching the $70 resistance level, a breakout could pave the way for the next resistance level near $75. This indicates the potential for further increases from current levels. Additionally, the low stochastic value of around 18 indicates that there may be room for continued upside. The convergence of these factors suggests that market sentiment is turning positive towards Litecoin. If you are interested, you can purchase Litecoin on platforms like ChangeNOW, which allows fast trading with no registration or hidden fees.
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conclusion
Ethereum, Monero, and Litecoin offer distinct advantages to investors and traders. Ethereum is known for its smart contract capabilities that offer flexibility and innovation. Monero stands out for its privacy features and attracts people who value confidentiality. Litecoin has fast transaction times, allowing quick exchanges. For those interested in these cryptocurrencies, ChangeNOW is a great choice for trading. This platform allows users to exchange, buy and sell these coins without any hidden costs or registration. This increases security for users as funds are not stored. ChangeNOW supports over 900 cryptocurrencies and has no limit on transaction volume. Users can easily purchase cryptocurrencies using their bank cards, increasing the accessibility and convenience of their trading experience.