Litecoin (LTC) and TRON (TRX) Attract Attention as Crypto Market Turns Bullish

Transaction volumes for these coins have grown, according to ChangeNOW, a service for exchanging cryptocurrency without registration.

Amidst the bullish crypto market, Litecoin (LTC) and TRON (TRX) are grabbing attention with rising transaction volumes, as reported by ChangeNOW, a service for exchanging cryptocurrency without registration. The platform has been gaining popularity among investors and large traders who prioritize fund safety, thanks to ChangeNOW’s no-registration, no-hidden-fee crypto transactions. This surge in transactions may indicate investors accumulating these coins, suggesting potential growth ahead.

Litecoin Gains Over 12% in a Week, Bulls Eyeing Higher Levels

Litecoin has seen a strong uptick of over 12% in the past week, with its price now ranging between $73.24 and $99.82. This recent surge puts Litecoin in a bullish position as buyers are eyeing the next resistance level at $112. Attaining this level would signify a potential increase of around 30% from current prices. The 10-day simple moving average (SMA) stands at $86.07, slightly below the 100-day average of $89.12, indicating a possible upward trend. Additionally, the Stochastic levels are high at 77.91, suggesting strong market interest in the coin. With support solidifying at $59.32, the downside appears limited. Those considering Litecoin, which is available on ChangeNOW without registration and hidden fees, can do so for a safer trading experience.

TRON Price Analysis: Bulls Eye Resistance Levels as Momentum Builds

TRON (TRX) is currently trading in the range of $0.17 to $0.22, showing steady movement. The nearest resistance level is at $0.23, with support at $0.15. Over the past month, TRX has seen an impressive price increase of 26%, and a significant 72% rise over six months. The Relative Strength Index (RSI) stands at 43.91, indicating the market is not overbought. Additionally, the Stochastic oscillator is at 65.74, suggesting potential upward momentum. If TRX breaks the $0.23 resistance, it could target the next level at $0.27, which would represent a potential increase of around 22%. The Simple Moving Averages (SMAs) over 10 and 100 days both sit at $0.20, showing price stability. Given the current indicators, TRON could see a strong upward trend in the nearest term. This coin is available on ChangeNOW with no registration and no hidden fees.

Conclusion

Both Litecoin (LTC) and Tron (TRX) offer unique advantages to investors and traders. Litecoin is renowned for its quick transaction times and minimal fees, making it suitable for everyday transactions. On the other hand, Tron emphasizes decentralized applications and content sharing, attracting those interested in blockchain-based entertainment platforms. For those considering investing in these cryptocurrencies, ChangeNOW serves as an excellent platform for transactions. It allows users to exchange, buy, or sell coins 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 amounts, and the option to purchase crypto using a bank card, ChangeNOW provides a seamless and flexible trading experience.