VeChain and Litecoin are drawing renewed attention in the evolving crypto market. According to ChangeNOW, transaction volumes for these coins have grown. ChangeNOW is a service that allows cryptocurrency exchanges without registration. It is used by savvy investors and large holders concerned about the safety of their funds. The increasing activity suggests that investors are accumulating, which could lead to future growth for these coins.
VeChain (VET) Gains Over 30% in a Week, Eyes Key Resistance Levels
VeChain (VET) has experienced significant growth, climbing 31% in the past week and 41% over the past month. Currently trading in the range between two and three cents, VET is approaching its nearest resistance level around $0.0387. If bullish trends persist, it could reach the next resistance at $0.0488, marking a substantial increase from current prices. The 10-day and 100-day Simple Moving Averages are nearly identical, indicating potential upward momentum. The Relative Strength Index is at 51.62, suggesting balanced market conditions.
With these indicators, VeChain appears to be in a favorable position for potential growth. VET can be purchased on ChangeNOW without registration or hidden fees.
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Litecoin Gains Momentum as Bulls Take Charge
Litecoin is showing signs of bullish momentum. Over the past week, its price has increased by 8.79%, and in the past month, it’s up by 28.11%. The current price is around $90, above both the 10-day and 100-day simple moving averages of $90.25 and $87.90. Technical indicators like the RSI at 52.05 and the MACD level at 0.6467 suggest a positive trend. If this continues, Litecoin could test the nearest resistance level at $112, representing a potential increase of about 24%. Further growth might see it reach the second resistance at $139, a possible gain of around 54%.
The current setup appears favorable for Litecoin, so those interested in this coin can trade it on ChangeNOW with no registration and no hidden fees.
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Conclusion
VeChain and Litecoin offer unique prospects for investors and traders. VeChain aims to improve supply chain processes, potentially benefiting businesses adopting blockchain solutions. Litecoin provides faster transaction times and lower fees, making it appealing for everyday use. For those interested in these coins, ChangeNOW is an excellent platform. It allows users to exchange, buy, or sell cryptocurrencies without hidden fees or registration. Security is enhanced since user funds are not stored on the platform. With support for over 900 cryptocurrencies, no limits on transaction amounts, and the option to purchase crypto using a bank card, ChangeNOW makes trading straightforward.
