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Cryptocurrency News Articles

Toncoin (TON) and Solana (SOL) Are Attracting Attention as Potential Leaders in the Next Crypto Uptrend

Dec 04, 2024 at 11:34 pm

Transaction volumes for both coins have surged on ChangeNOW, a crypto exchange service without registration. This platform is popular among savvy investors and whales who prioritize fund safety.

Toncoin (TON) and Solana (SOL) Are Attracting Attention as Potential Leaders in the Next Crypto Uptrend

Solana (SOL) and Toncoin (TON) are emerging as promising candidates to lead the upcoming crypto uptrend, based on recent data from ChangeNOW.

Both coins have experienced a surge in transaction volumes on the crypto exchange service, which is renowned for its lack of registration requirement. This platform is particularly favored by experienced investors and high net worth individuals who prioritize the safety of their funds.

Solana Gains Momentum as Bulls Push Toward $273 Resistance

Solana is currently trading within a range of $220 to $255, exhibiting a gradual ascent. Over the past month, the coin has demonstrated an impressive surge of 45%, indicating strong bullish momentum.

The Relative Strength Index (RSI) is at 57, indicating that there is still potential for growth before reaching overbought levels. The immediate resistance level to watch is $273, and if surpassed, the next target is set at $308.

This could represent a potential increase of over 20% from current levels. With the Moving Average Convergence Divergence (MACD) positive at 2.69, the market trend appears to be bullish.

The current setup suggests that it might be a good time to consider Solana, which can be traded on ChangeNOW without registration and no hidden fees.

Toncoin Shows Bullish Momentum, Targets Higher Resistance Levels

Toncoin is also displaying bullish momentum on the charts, trading within a range of $6.01 to $7.33. In the past week, the coin has seen a price increase of 15%, and over the last month, it rose by an impressive 47%.

The 10-day simple moving average for Toncoin is at $7.01, which is slightly higher than the 100-day average of $6.72, indicating positive momentum in the coin's price movement.

The Relative Strength Index (RSI) for Toncoin is at 65, indicating strong buying interest in the coin. Bulls seem to be influencing the market, pushing towards the nearest resistance level at $7.82.

Breaking this level could open the path to the next target at $9.14, offering potential for further gains.

From there, the next resistance level to watch is 7.82, followed by 9.14. With these indicators, the current market conditions for Toncoin appear promising.

Toncoin can be acquired on ChangeNOW without registration or hidden fees.

News source:newswatchtv.com

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Other articles published on Dec 05, 2024