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Cryptocurrency News Articles

Interest in Litecoin and VeChain Is Rising as Investors Seek New Opportunities in the Cryptocurrency Market

Nov 16, 2024 at 11:47 pm

These coins show signs of potential growth, attracting attention from traders and analysts alike.

Interest in Litecoin and VeChain Is Rising as Investors Seek New Opportunities in the Cryptocurrency Market

Interest in Litecoin and VeChain is rising as investors seek new opportunities in the cryptocurrency market.

These coins have shown signs of potential growth, attracting attention from traders and analysts.

According to ChangeNOW, a platform that allows cryptocurrency exchanges without registration, transaction volumes for VET and LTC have increased.

Large holders and savvy investors, concerned about the safety of their funds, often use ChangeNOW for its secure and anonymous services.

The growing number of transactions on ChangeNOW suggests that investors have entered the accumulation stage, indicating these coins may grow in the future.

VeChain (VET) Shows Bullish Momentum with Potential for Further Growth

Recently, VeChain (VET) has been showing bullish signs. Over the past week, its price increased by 15%.

The current price hovers around $0.028, which is slightly higher than its 10-day and 100-day simple moving averages.

The RSI is at 54, indicating neutral momentum. If the price continues to rise, VET could reach the nearest resistance level at $0.032, which would be an increase of about 14%.

After that, the next resistance is at $0.040, indicating a potential gain of over 40% from the current price.

VeChain is available on ChangeNOW with no registration and no hidden fees.

Litecoin Shows Strong Gains as Bulls Push Toward Key Resistance Levels

Recently, Litecoin has seen significant growth, with its price increasing over 19% in the past week and nearly 24% in the past month.

Currently trading between $67.90 and $81.77, Litecoin is approaching its nearest resistance level at $86.98.

Technical indicators, such as the Relative Strength Index at 65.48 and a positive MACD, suggest bullish momentum. However, the Stochastic indicator at 88.10 indicates overbought conditions. If the bulls maintain control, the price could test the second resistance level at $101, potentially reaching triple digits. A move to this level would indicate a substantial percentage increase from current prices.

Market watchers are observing whether Litecoin can sustain this upward trajectory.

Litecoin is available on ChangeNOW with no registration and no hidden fees.

Conclusion

Each presenting unique strengths in the crypto market, Litecoin and VeChain offer distinct opportunities for investors and traders.

For those interested in acquiring these coins, ChangeNOW serves as an optimal platform for transactions.

It allows users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration, and it enhances security by not storing user funds.

ChangeNOW supports over 900 cryptocurrencies and imposes no limits on transaction volumes, while also providing the option to purchase crypto using a bank card. This makes it a convenient and secure choice for managing investments in Litecoin, VeChain, and a wide array of other coins.

News source:coinedition.com

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Other articles published on Nov 17, 2024