Toncoin, Tron, or Litecoin: The Best Bet for the Next Phase of Bull Run?
Investors are eyeing promising cryptocurrencies for the next market surge. Toncoin, Tron, and Litecoin are attracting attention as potential frontrunners. According to ChangeNOW, a platform for exchanging cryptocurrency without registration, the volume of transactions for these coins has grown. This increase suggests that savvy investors and large holders concerned about fund safety are accumulating, hinting at possible future growth.
Toncoin Nears Support Level Amid Bearish Trend But Shows Growth Potential
Toncoin (TON) is currently trading between $5.26 and $7.17, showing a bearish trend with a 1-week price decline of 21% and a 6-month drop of 31%. The Relative Strength Index is at 30, suggesting that TON is approaching oversold territory. The nearest support level is $4.13, and the nearest resistance is at $7.94. If the price rebounds from the support, it could target the resistance at $7.94, representing a potential increase of around 50%. With the Simple Moving Average over 10 days at $5.22, there may be signs of consolidation.
>>> ChangeNOW Swap Crypto Simple, Fast, Free of Custody <<<
Toncoins current setup appears favorable for those considering a purchase, and it can be acquired on ChangeNOW with no registration and no hidden fees.
Is Litecoin Set for a Bullish Rebound After Recent Market Dip?
Litecoin (LTC) has seen its price range between $103 and $136 recently. Over the past week, its value dropped by over 20%, but it remains nearly 10% higher than a month ago and more than 27% up over the past six months. The Relative Strength Index (RSI) is around 30, suggesting the asset is close to being oversold. The nearest support level is at $85, while resistance is at $153. If the price moves upwards, it could potentially reach this resistance level, representing an increase of about 25% from current levels.
Litecoin can be exchanged on platforms like ChangeNOW without registration or hidden fees.
>>> ChangeNOW Swap Crypto Simple, Fast, Free of Custody <<<
TRON (TRX) Shows Oversold Signals Amid Recent Price Drop
TRON is trading between $0.24 and $0.33, after a 20% decrease in the last week. The Relative Strength Index is at 27, and the Stochastic oscillator is around 24, both indicating oversold conditions. This suggests that bears have been influencing the market recently. The nearest support level is $0.19, while resistance is at $0.37. If the price breaks above this resistance, it could reach the next level at $0.45. Over the past six months, TRONs price has nearly doubled, showing strong growth potential.
Given the current setup, market conditions seem favorable for TRON which is available for purchase on platforms like ChangeNOW, which offer no registration and no hidden fees.
>>> ChangeNOW Swap Crypto Simple, Fast, Free of Custody <<<
Conclusion
Toncoin, Tron, and Litecoin each present unique opportunities for investors and traders in the upcoming bull run. Toncoin introduces new features that could attract attention, Tron emphasizes decentralized applications, and Litecoin is known for its speed and efficiency. For those interested in these coins, ChangeNOW offers an excellent platform for transactions. It allows users to exchange, buy, or sell these coins without hidden fees or the need for registration, enhancing security by not storing user funds. Supporting over 900 cryptocurrencies, with no limits on transaction volumes, and providing the option to purchase crypto using a bank card, ChangeNOW simplifies the process and makes it convenient.
Read more: https://www.tronweekly.com/toncoin-tron-or-litecoin-the-best-bet-for-the-next-phase-of-bull-run/
Text source: TronWeekly
