Ethereum and Solana are attracting attention as potential leaders in the upcoming altcoin market. Recent data from ChangeNOW reveals that trading of these coins is on the rise. Trusted by investors, ChangeNOW allows you to conduct cryptocurrency exchanges without the need for registration. The increase in trading volume suggests an accumulation phase and suggests growth potential for ETH and SOL.
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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Solana Shows Bullish Momentum and Targets Major Resistance at $162
Over the past month, Solana's price has increased over 16%, showing strong bullish momentum. It is currently trading between $138 and $154, sitting near the 10-day and 100-day moving averages of $153. An RSI of 54 indicates moderate buying pressure, and a positive MACD strengthens the uptrend. If Solana breaks through the immediate resistance at $162, it could rise about 11%. A further move towards the next resistance level at $179 would provide potential growth of around 22% from current levels. These indicators suggest that bulls are influencing the market. With this favorable setup, purchasing Solana can be timely and can be easily done on ChangeNOW without registration or hidden fees.
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conclusion
Ethereum offers smart contract capabilities and an extensive developer community, providing powerful opportunities to invent decentralized applications. Solana promises faster and more cost-effective trading, making it attractive to traders and high-frequency applications. For those looking to invest in these cryptocurrencies, ChangeNOW is the ideal platform to facilitate the exchange. This allows users to buy, sell, and exchange ETH and SOL with no hidden fees or registration, and provides added security by not storing user funds. The platform supports over 900 cryptocurrencies, has no transaction limits, and even allows purchases using bank cards. This flexibility makes it a convenient choice for a variety of trading activities.
This is a sponsored article. The opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before acting on the information presented in this article.
