With the new year approaching, investors are searching for the next standout altcoin. Reports from ChangeNOW show that transaction volumes for ADA and ATOM have increased. ChangeNOW is a platform that allows cryptocurrency exchanges without registration, used by savvy investors and whales concerned about security. The rise in transactions suggests investors are accumulating these coins, which may grow in value in the future.
Cardano’s Price Signals Potential Upswing as Bulls Eye Growth
Source: ChangeNOW
Cardano (ADA) is trading between $0.94 and $1.22, showing signs of potential growth. The Relative Strength Index is just below 30, suggesting oversold conditions that might attract buyers. With the nearest resistance level at $1.35, breaking through could push the price towards $1.64. Over the past six months, ADA’s price has increased by more than 118%, despite a recent weekly dip of about 25%. The 10-day simple moving average is below the 100-day average, indicating room for upward movement.
Considering these factors, the current market setup appears favorable for Cardano, which can be accessed on ChangeNOW with no registration and no hidden fees.
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Cosmos (ATOM) Shows Signs of Rebound as Technical Indicators Turn Oversold
Source: ChangeNOW
Cosmos is currently trading between $7.53 and $10.40. Recent price changes show a significant drop of 29% over the past week, while the past month has seen a slight increase of 1%. Technical indicators suggest the market may be oversold. The Relative Strength Index is at 25, and the Stochastic is at 16, both below typical oversold thresholds. The nearest support level is $5.96, and resistance is at $11.70. If bulls regain control, the price could aim for the next resistance, which is noticeably above the current trading range.
The current setup seems favorable for those interested in Cosmos, available on ChangeNOW with no registration and no hidden fees.
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Conclusion
In conclusion, both ADA and ATOM offer unique opportunities for investors and traders in the coming altcoin market. ADA brings innovative features that could reshape blockchain technology, while ATOM focuses on enhancing interoperability between networks. For those considering investing in these coins, ChangeNOW is an excellent platform for transactions. It enables users to exchange, buy, or sell these cryptocurrencies without hidden fees and without requiring registration. By not storing user funds, it provides enhanced security. With support for over 900 cryptocurrencies, ChangeNOW imposes no limits on transaction volumes. Users can also purchase crypto using a bank card, making it a convenient and secure option for anyone looking to enter the crypto market.