bitcoin
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0.91%

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2.21%

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1.79%

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1.61%

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$21.953374 USD

2.26%

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$0.000022 USD

2.46%

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$4.189064 USD

2.98%

Cryptocurrency News Articles

ADA, LTC, ATOM Poised to Capitalize on New Year Momentum Despite Slow Festive Surge

Dec 28, 2024 at 03:13 pm

With strong fundamentals, strategic updates, and growing market interest, ADA, LTC, and ATOM are positioning themselves for potential growth as the market shifts gears in the early months of 2025.

ADA, LTC, ATOM Poised to Capitalize on New Year Momentum Despite Slow Festive Surge

Despite a slower-than-expected festive surge, several altcoins are poised to capitalize on the fresh momentum of the New Year. With strong fundamentals, strategic updates, and growing market interest, ADA, LTC, and ATOM are positioning themselves for potential growth as the market shifts gears in the early months of 2025.

Cosmos (ATOM) Shows Potential Upswing Despite Recent Bearish Trend

Cosmos (ATOM) has been under bearish influence, with its price declining by 14% over the past week and nearly 17% over the past month. Currently trading between $5 and $9, the Relative Strength Index is around 30, indicating the asset might be oversold. If the price moves past the nearest resistance level of $11, it could potentially reach the next resistance near $14, marking a significant percentage increase. Both the RSI and stochastic values are low, suggesting a possible upward movement.

With these indicators, Cosmos presents an interesting situation in the market. Cosmos can be accessed on ChangeNOW without registration and hidden fees.

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Litecoin Eyes $150 Resistance Amid Bullish Indicators

Litecoin is currently trading around $105, showing signs of bullish momentum. Over the past six months, its price has surged by over forty-three percent, and in the last month alone, it has risen by thirteen percent. The 10-day simple moving average has crossed above the hundred-day average, indicating potential upward movement. The Relative Strength Index is near thirty-one, suggesting the coin may be oversold and could experience a rebound. The nearest resistance level is at $150, and if Litecoin reaches this level, it would represent a significant increase from its current price.

With these positive indicators, the current market setup appears favorable for those interested in Litecoin, which is available on ChangeNOW with no registration and no hidden fees.

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Cardano (ADA) Signals Potential Reversal Amid Oversold Conditions

Cardano (ADA) has been trading between $0.72 and $1.08, with recent market activity showing bearish influence. The price is currently below its 10-day and 100-day simple moving averages of $0.88 and $0.91, respectively. However, the Relative Strength Index (RSI) stands at 24.98, indicating that ADA is oversold and may be preparing for a bullish reversal. The Stochastic indicator, reading at 14.14, reinforces this potential. If ADA rises to the nearest resistance level of $1.28, it would represent a significant increase from current prices. Over the past six months, Cardano’s price has grown by over 126%, highlighting its substantial long-term growth potential.

ADA is available for purchase or exchange on ChangeNOW, a custody-free platform that does not require registration.

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Conclusion

ADA, LTC, and ATOM present promising opportunities for investors and traders as they anticipate a rebound in January. Each cryptocurrency offers distinct features that may align with different investment strategies. For those interested in these coins, ChangeNOW is an excellent platform for transactions. Users can exchange, buy, or sell these cryptocurrencies without hidden fees or the need for registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW provides a flexible and secure solution for cryptocurrency enthusiasts.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.

News source:bravenewcoin.com

Disclaimer:info@kdj.com

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Other articles published on Dec 29, 2024