Zcash (ZEC) and Kaspa (KAS) Gain Attention as the Crypto Market Rallies

As the crypto market rallies, coins focusing on privacy and speed are gaining attention. Zcash (ZEC) and Kaspa (KAS) are experiencing increased transaction

As the crypto market rallies, coins focusing on privacy and speed are gaining attention. Zcash (ZEC) and Kaspa (KAS) are experiencing increased transaction volumes. ChangeNOW, a registration-free cryptocurrency exchange used by savvy investors and large holders concerned about fund safety, reports growth in transactions for these coins. This suggests that investors are accumulating, pointing to potential future growth for ZEC and KAS.

Investors Seem to Be Accumulating ZEC, Suggesting Potential for Growth

Zcash (ZEC) has seen significant price movement recently. Over the past week, its price dropped by 17.56%, but it gained 38.91% over the past month and surged 156.88% in six months. Trading between $61 and $83, Zcash is approaching its nearest resistance level around $92.

Technical indicators suggest bullish potential. The Relative Strength Index (RSI) is at 36.80, and the Stochastic oscillator is at 13.12, both signaling oversold conditions. The 10-day and 100-day Simple Moving Averages are close, hovering near $60, which could indicate a trend reversal. If the upward momentum continues, Zcash might reach higher resistance levels, possibly achieving substantial percentage increases.

For those ready to explore Zcash’s growth potential, ChangeNOW provides an optimal solution for buying and swapping ZEC, offering fast transactions and charging no hidden fees. Try ChangeNOW today to experience the ease and efficiency of cryptocurrency exchange.

Kaspa Edges Higher as Bulls Eye Key Resistance Levels

Kaspa (KAS) is trading between $0.16 and $0.20, showing promising signs. Over the past month, it has gained more than 16%, moving toward the resistance level at $0.22. Breaking this level could propel the price to the next resistance at $0.26, marking a substantial increase.

The Relative Strength Index at 36 and Stochastic at 13 suggest the asset may be oversold, hinting at potential upward movement. The price is above both the 10-day and 100-day simple moving averages at $0.16, reinforcing a positive outlook.

With the current market setup, Kaspa’s prospects seem promising. As a centralized exchange with a vast cryptocurrency selection, ChangeNOW provides a user-friendly platform for trading KAS. Register now to gain access to a wide range of cryptocurrencies and enjoy the benefits of hassle-free transactions.