With the holiday season approaching, attention turns to cryptocurrencies that might see significant movement. Bitcoin, Ethereum, Solana, and Toncoin have seen increased transaction volumes on ChangeNOW, a registration-free crypto exchange.
As the holiday season approaches, several cryptocurrencies have seen a surge in transaction volumes on ChangeNOW, a registration-free crypto exchange. These coins, including Bitcoin, Ethereum, Solana, and Toncoin, have attracted the attention of experienced investors and large holders concerned about fund security.
According to the latest data, Bitcoin’s price has fluctuated between $88,000 and $105,000, showing a recent 11% decrease. The 10-day simple moving average is slightly below the 100-day average, hinting at a mild bearish trend. Additionally, the Relative Strength Index (RSI) is around 48, suggesting the market is close to neutral ground. If bullish momentum returns, Bitcoin could reach the nearest resistance level at about $115,000, which is over 20% higher than current prices. Despite recent declines, Bitcoin has grown by more than half in the past six months.
Meanwhile, Ethereum’s price is now between $2884 and $3891. The 10-day and 100-day simple moving averages are about $3400, showing steady movement. The RSI is at 55, hinting at possible upward momentum. The nearest resistance level is $4500. If Ethereum reaches this, it would be about a 15% increase from now. The next resistance is at $5500. Despite a 15% drop over the past week, the monthly price change is nearly unchanged, which might indicate the market is consolidating.
Solana’s price has recently fluctuated between $160 and $214, showing a mixed market sentiment. The cryptocurrency is hovering near its 10-day and 100-day simple moving averages, suggesting a consolidation phase. With the nearest resistance level at around $250, a breakout could see Solana pushing toward the next resistance at $300. The RSI stands below 60, hinting at room for upward movement before entering overbought territory. Despite a recent monthly decline of over 20%, Solana has grown by more than 40% in the past six months, indicating long-term bullish potential.
Finally, Toncoin is currently trading between $4.61 and $6.31, showing signs of bullish momentum. The 10-day simple moving average is $5.62, slightly above the 100-day average of $5.41, indicating a potential upward trend. The RSI is at 59.43, suggesting positive market sentiment. If this momentum continues, Toncoin could test the resistance level at $7.24, representing an increase of about 28% from the current price. Surpassing this could lead to the next resistance at $8.93, a potential gain of nearly 59%.
