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Cryptocurrency News Articles

TON and ATOM Show Potential for Growth This Holiday Season

Dec 25, 2024 at 07:02 pm

As the festive season nears, focus shifts to which cryptocurrencies might stand out. Data from ChangeNOW reveals increased transaction volumes for TON and ATOM.

TON and ATOM Show Potential for Growth This Holiday Season

As the festive season approaches, the focus shifts to which cryptocurrencies might stand out from the rest. According to data from ChangeNOW, a platform for swapping cryptocurrencies without registration, there have been increased transaction volumes for TON and ATOM. This could be an indication that investors are accumulating these coins, which may point to possible future growth.

Toncoin Shows Potential for Growth Amid Market Fluctuations

Toncoin is currently trading between $4.61 and $6.31, showing signs of bullish momentum. The 10-day simple moving average is at $5.62, which is slightly higher than the 100-day average of $5.41. This indicates a potential upward trend in the market. The Relative Strength Index (RSI) is at 59.43, which suggests positive market sentiment.

If this momentum continues, Toncoin could test the resistance level at $7.24, which would be an increase of about 28% from the current price. Surpassing this could lead to the next resistance at $8.93, which would be a potential gain of nearly 59%.

These indicators suggest that Toncoin's current market position is noteworthy, and it’s accessible on ChangeNOW without registration or hidden fees.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

Cosmos (ATOM) Shows Potential for Growth Despite Recent Price Drop

Cosmos (ATOM) is currently trading between $5 and $8, showing a drop of over 23% in the last week and 17% over the past month. Despite this recent decline in price, technical indicators hint at potential growth.

The 10-day Simple Moving Average is at $7.1, which is showing a slight decrease compared to the 100-day average of $7.2. However, the MACD is positive, indicating bullish momentum. The Relative Strength Index is around 54, which is neutral and leaves room for growth.

If Cosmos breaks the nearest resistance at $10, it could aim for the next level at $14, which would be a substantial increase.

With these signs, the current setup appears favorable for Cosmos which is available on ChangeNOW without registration or hidden fees.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

Both TON and ATOM offer unique opportunities for investors and traders this holiday season. While TON introduces innovative features that may appeal to those interested in emerging blockchain projects, ATOM provides solutions for connecting different blockchain networks, catering to those focused on interoperability.

For anyone considering these cryptocurrencies, ChangeNOW serves as an excellent platform. It enables users to exchange, buy, or sell 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 convenience of purchasing crypto with a bank card, ChangeNOW simplifies the process of investing in the crypto market.

News source:www.tronweekly.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Dec 26, 2024