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HomePress releaseIs It Still the Altcoin Season? KAS, XMR, and ZEC Could Win...

Is It Still the Altcoin Season? KAS, XMR, and ZEC Could Win the Santa Claus Rally

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As the year draws to a close, altcoins such as KAS, XMR, and ZEC are showing promise for a potential surge. ChangeNOW, a registration-free cryptocurrency exchange favored by savvy investors and cautious whales concerned about fund safety, has reported increased transaction volumes for these coins. This rise suggests investors are entering an accumulation phase, indicating these cryptocurrencies might experience growth in the near future.

Kaspa (KAS) Shows Bullish Signs Amid Positive Price Movement

Kaspa’s price currently ranges between $0.1615 and $0.2021, indicating bullish momentum. Over the past month, the price has risen by 4.76%. The RSI is at 50.33, suggesting a neutral market, while a high stochastic of 88.27 points to potential overbought conditions. The nearest resistance level is at $0.2158; breaking through it could see the price reaching $0.2564, which is about a 40% increase from current levels. The price moving above the 10-day SMA of $0.1574 towards the 100-day SMA of $0.1716 supports this positive outlook. 

With these factors, the current market setup appears favorable for purchasing Kaspa, which can be done on ChangeNOW with no registration and no hidden fees.

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Monero (XMR) Gains Momentum Amid Bullish Market Signals

Monero is currently trading between $180 and $245, showing a significant 13% increase over the past month. The nearest resistance level is around $268, while support is at approximately $137. The 10-day simple moving average is near $184, indicating recent upward trends. With a relative strength index in the mid-50s and a positive MACD level, momentum appears to be building. Despite a slight 9% dip in the past week, the six-month change remains positive at over 7%. If this bullish trend continues, Monero could potentially reach higher levels, possibly approaching the second resistance around $333. 

The current setup seems favorable for Monero, which is available on ChangeNOW with no registration and no hidden fees.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

Zcash’s Potential Growth: Bulls Eye Higher Levels Amid Market Signals

Zcash (ZEC) has recently shown notable activity, with a 30% rise over the past month and a substantial 160% increase in the last six months. Despite a 19% dip in the past week, the current price range of $61 to $83 sits above both the 10-day and 100-day simple moving averages. The Relative Strength Index is around 51, indicating a balanced market, while the high Stochastic value points to strong momentum. With resistance levels at $92 and $114, there is potential for the price to reach these heights, possibly resulting in considerable gains. 

Some observers might see the current conditions as favorable for exploring Zcash, which is available on ChangeNOW with no registration and no hidden fees.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

Conclusion

In conclusion, KAS, XMR, and ZEC offer distinct opportunities for investors and traders. KAS provides fast transaction speeds, appealing to those who value quick transfers. XMR emphasizes privacy, enabling secure and anonymous transactions. ZEC also focuses on privacy, allowing users to selectively disclose transaction details. For those interested in these coins, ChangeNOW is an excellent platform. It enables the exchange, purchase, or sale of these cryptocurrencies without hidden fees or the need for registration. Security is enhanced since user funds are not stored. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to buy crypto using a bank card, ChangeNOW makes transactions convenient and accessible.

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Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: [email protected] Phone: +49 160 92211628
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