The crypto market looks ready for a promising end-of-year surge. Cardano and Solana attract attention as their transaction volumes increase. This growth is noted by ChangeNOW, a crypto exchange platform that values security. Investors, including major players, are actively accumulating these coins, hinting at potential future gains. Could this trend lead to new price records?
Cardano Bears Hold Influence, But Bulls Eye Breakout Opportunities
Cardano is trading between 31 to 35 cents, facing bearish pressure. The current price lingers below its 10-day and 100-day simple moving averages, showing a struggle to gain upward momentum. The resistance at 37 cents is proving tough to surpass, yet the Relative Strength Index at over 60 hints at potential strength. If bulls take charge, prices might aim for 40 cents, offering a potential increase. However, recent losses of over 45 percent in the last six months suggest caution. The current setup offers an interesting opportunity for buyers looking to invest. Those interested can consider purchasing Cardano on ChangeNOW, where no registration or hidden fees are involved.
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Solana Poised for Uptick as Bulls Show Strength
Solana (SOL) is drawing attention with its current price range between roughly $121 and $138. Recent action by the bulls has shown strong support around $112 and a potential push toward a resistance level of $146. With a small dip over the past month and steady weekly gains, the cryptocurrency seems to have bottomed out and could surge, eyeing a rise towards $164. This would mark an increase of more than twenty percent from its current levels. With positive indicators like a strong RSI and bullish MACD, the scenario looks promising. Those interested might find this an opportune moment to explore purchasing SOL on platforms like ChangeNOW, which offers ease with no registration or hidden fees.
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Conclusion
Cardano and Solana present distinct opportunities for investors. Cardano offers a robust platform focusing on sustainability and long-term growth. Solana is recognized for its rapid transaction speeds and low costs. Both cryptocurrencies have potential for significant gains, especially during market upswings. For those considering investing in Cardano, Solana, or other cryptocurrencies, ChangeNOW offers a seamless user experience. This platform allows users to exchange, purchase, or sell cryptos without hidden fees or the need for a registration process. It emphasizes security by not storing users’ funds. Additionally, ChangeNOW supports over 900 cryptocurrencies and sets no limits on transaction volumes, while offering options to purchase crypto using a bank card.
