Market observers are forecasting significant movements in Cosmos, Cardano, and Litecoin this January, as these cryptocurrencies show signs of robust momentum. Recent technical analysis points to possible bullish trends fueled by network upgrades, partnerships, and growing user adoption. Investors are increasingly focusing on these assets due to their innovative developments and potential for high returns. This heightened interest could position them as leaders in the upcoming market shifts. According to ChangeNOW, the volume of transactions for ATOM, LTC, and ADA has grown.
Cosmos (ATOM) Recovery Signals: Will It Rally Over 30% to $9.81?
Cosmos (ATOM) has seen a modest uptick of 6.6% over the past week, trading between $6.43 and $7.86. Despite a significant dip of 35% in the last month, the token is showing signs of recovery. The RSI hovers near 32, indicating it’s close to oversold territory. If bullish momentum continues, ATOM could test the nearest resistance at $8.38 and potentially reach the second resistance level at $9.81. This represents a possible increase of over 30% from current levels. With the SMA 10-day below the SMA 100-day, there’s room for upward movement. The current setup suggests a favorable opportunity for acquiring Cosmos, which can be easily done on ChangeNOW without registration or hidden fees.
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Litecoin’s Price Decline Opens Door for Potential Growth
Litecoin’s price has recently moved between just over $100 and around $120. Over the past month, it has decreased by nearly 24%, but it has increased by over 50% in the past six months. The nearest support level is $90.80, and the nearest resistance is at $128. The RSI is at 38.76, indicating it’s approaching oversold territory. The MACD level is negative, suggesting bearish momentum may be slowing. If Litecoin breaks above $128, it could reach the next resistance at $147, representing a potential increase of about 15%. The current market setup appears favorable for those considering Litecoin, which is available on ChangeNOW with no registration and no hidden fees.
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Cardano (ADA) Shows Signs of Bullish Momentum Amid Price Recovery
Cardano’s price is currently in the $0.91–$1.20 range, showing a 17% increase over the past week. The Relative Strength Index is at 41.68, suggesting the market is approaching neutral territory. The price is moving toward the nearest resistance level at $1.30, and if it breaks this, it could reach the second resistance level at $1.59. The 6-month price change stands at 149%, indicating significant growth potential. With the Simple Moving Averages (10-day at $0.99 and 100-day at $1.07) converging, the market may be shifting toward a bullish trend. This setup makes Cardano a must-watch asset. It can be purchased on platforms like ChangeNOW without registration or hidden fees.
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Conclusion
Cosmos, Cardano, and Litecoin offer unique possibilities for investors and traders. Cosmos improves connectivity between different blockchains. Cardano is recognized for its research-based development and innovative features. Litecoin provides fast transactions with low fees. For those considering these coins, ChangeNOW is an excellent platform. It allows users to exchange, buy, or sell them without hidden fees or registration. Security is enhanced by not storing user funds. ChangeNOW supports over 900 cryptocurrencies, has no limits on transaction volumes, and offers the option to purchase crypto using a bank card.