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Cryptocurrency News Articles

KAS on a Bullish Surge — Can It Hold the Line? TRX Sets Its Sights on a December Breakout

Nov 18, 2024 at 01:00 am

KAS is surging, prompting speculation about its ability to sustain growth. TRX is eyeing a breakout in December.

KAS on a Bullish Surge — Can It Hold the Line? TRX Sets Its Sights on a December Breakout

Cryptocurrency exchange ChangeNOW has reported increasing transaction volumes for Kaspa (KAS) and Tron (TRX) on its platform. This activity suggests that investors are accumulating these coins in anticipation of potential future growth.

Kaspa's price has surged by over 28% in the past week and nearly 10% in the past month. It is currently trading between $0.11 and $0.18, approaching the nearest resistance level at $0.20.

Technical indicators also support this upward trend. The 10-day simple moving average stands at $0.14, which is above the 100-day average of $0.13. Additionally, the relative strength index is over 62, indicating positive market sentiment.

If KAS manages to cross the $0.20 resistance level, it could potentially move towards the next resistance at $0.26, indicating a significant gain from current levels.

You can buy or sell Kaspa on platforms like ChangeNOW, which offers services with no registration and no hidden fees.

Meanwhile, TRX's price is hovering between $0.16 and $0.17 with the nearest resistance at $0.17. If this resistance is broken, the next target could be $0.18.

In the past week, TRX has gained nearly 18%, and in the last six months, it has risen by more than 56%. The Relative Strength Index is approaching 60, indicating momentum is on the rise. The 10-day moving average is at $0.19, suggesting potential for further growth.

TRX is also available on ChangeNOW with no registration and no hidden fees.

Conclusion

Overall, Kaspa is experiencing strong upward momentum, while TRX is aiming for potential growth in December. Each of these cryptocurrencies presents unique opportunities for investors and traders looking to capitalize on market movements.

Those interested in investing in these coins can utilize platforms like ChangeNOW, which allows users to exchange, buy, or sell these cryptocurrencies without hidden fees or the need for registration.

This setup enhances security by not storing user funds. ChangeNOW also supports over 900 cryptocurrencies, with no limits on transaction volumes and the option to purchase crypto using a bank card, making the trading experience more accessible.

This article does not contain any investment advice. CaptainAltcoin does not endorse investing in any project mentioned in sponsored articles. Exercise caution and do thorough research before putting your money into anything.

News source:captainaltcoin.com

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