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Cryptocurrency News Articles

Kaspa, Tron, and Cardano See Bullish Momentum, Signaling Potential for Further Growth

Nov 18, 2024 at 11:00 pm

Investing in cryptocurrencies like Kaspa, Tron, and Cardano might boost a portfolio's performance. Recent data from ChangeNOW shows that transaction volumes for these coins have risen.

Kaspa, Tron, and Cardano See Bullish Momentum, Signaling Potential for Further Growth

Investing in cryptocurrencies like Kaspa, Tron, and Cardano might boost a portfolio’s performance, recent data from ChangeNOW shows.

ChangeNOW is a platform for exchanging cryptocurrencies without registration. It is used by savvy investors and large holders who value the safety of their funds. The increasing activity on ChangeNOW suggests that investors are accumulating Kaspa, Tron, and Cardano coins, hinting at their future growth.

Kaspa’s Bullish Momentum Suggests Potential for Further Growth

Kaspa (KAS) is on the rise, trading between $0.13 and $0.16. Over the past month, its price has increased by nearly 29%. The nearest resistance level is at $0.18, and if surpassed, the next target could be $0.21.

The Relative Strength Index for Kaspa stands at 77, indicating strong buying pressure. The 10-day simple moving average is $0.16, above the 100-day average of $0.14, suggesting upward momentum.

With bullish indicators like a positive MACD and high Stochastic value, Kaspa shows potential for further growth. Given the current market indicators, some may find Kaspa’s performance noteworthy.

Platforms like ChangeNOW provide access to Kaspa without registration or hidden fees.

TRON’s Bullish Run Continues as Price Nears Key Resistance Levels

Tron (TRX) has seen significant gains recently, with its price increasing nearly 24% in the past week and over 28% in the past month. The current price ranges between $0.17 and $0.22, approaching the nearest resistance at $0.23.

If this level is surpassed, the next target could be $0.27, which represents a potential increase of more than 30% from current levels.

Technical indicators like the Relative Strength Index approaching 60 and a positive MACD signal suggest continued bullish momentum. The moving averages also point upwards, with the 10-day SMA above the 100-day SMA.

This setup appears favorable for those considering purchasing Tron, which is available on ChangeNOW with no registration and no hidden fees.

Cardano Gains Momentum with 115% Monthly Increase, Targets New Highs

Cardano (ADA) is experiencing a strong upward trend, with its price jumping 115% this month and 28% this week, now trading between $0.54 and $0.84.

The next resistance level is at $0.98; surpassing this could lead to the second resistance at $1.28. The 10-day simple moving average stands above the 100-day average, indicating positive momentum.

Technical indicators like the Relative Strength Index near 60 and a positive MACD level suggest continued strength.

If the price reaches the first resistance, it would mark a significant increase from current levels. On the back of the positive technical indicators Cardano has come under the spotlight.

This coin can be traded on ChangeNOW with no registration and no hidden fees.

News source:captainaltcoin.com

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