Christmas Crypto Rally: Can TON or ATOM Take the Spotlight?
As the festive season nears, focus shifts to which cryptocurrencies might stand out. Data from ChangeNOW reveals increased transaction volumes for TON and ATOM. ChangeNOW, a platform for swapping cryptocurrencies without registration, is popular among smart investors and large holders worried about fund safety. The rise in transactions suggests investors are accumulating these coins, pointing 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 $5.62, slightly above the 100-day average of $5.41, indicating a potential upward trend. The Relative Strength Index (RSI) is at 59.43, suggesting positive market sentiment. If this momentum continues, Toncoin could test the resistance level at $7.24, representing an increase of about 28% from the current price. Surpassing this could lead to the next resistance at $8.93, a potential gain of nearly 59%.
These indicators suggest that Toncoins current market position is noteworthy, and its accessible on ChangeNOW without registration or hidden fees.
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Cosmos (ATOM) Shows Potential for Growth Despite Recent Price Drop
Cosmos (ATOM) is trading between $5 and $8, showing a drop of over 23% in the last week and 17% over the past month. Despite the decline, technical indicators hint at potential growth. The 10-day Simple Moving Average is slightly above the 100-day average. 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.
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Conclusion
TON and ATOM offer unique opportunities for investors and traders this holiday season. TON introduces innovative features that may attract those interested in emerging blockchain projects. ATOM provides solutions for connecting different blockchain networks, appealing to those focused on interoperability. ChangeNOW is an excellent platform for anyone considering these cryptocurrencies. 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.
Read more: https://www.tronweekly.com/christmas-crypto-rally-can-ton-or-atom-take-the-spotlight/
Text source: TronWeekly
