Home News Stand Altcoins Dominate the Market: Top 3 Picks as Bullish Sentiment Grows

Altcoins Dominate the Market: Top 3 Picks as Bullish Sentiment Grows

The cryptocurrency market is witnessing a surge in interest toward alternative coins as optimism grows. ChangeNOW, a service that allows cryptocurrency exchanges without registration, reports increased transaction volumes for ATOM, LTC, and ADA. This trend suggests that savvy investors and whales concerned about fund safety are accumulating these coins, indicating they may see future growth.

Bullish Momentum Drives Cosmos (ATOM) Price Toward Key Resistance Levels

Cosmos (ATOM) is showing signs of bullish momentum as its price climbs within the range of $7.93 to $9.48. Over the past month, the cryptocurrency has surged by over 130%, highlighting strong growth potential. The price is approaching the nearest resistance level at $10, with the next target at $11.59. If the upward trend continues, ATOM could see significant percentage gains from its current position. Technical indicators like a positive MACD and rising SMAs support this outlook. Given its current trajectory, Cosmos (ATOM) appears well-positioned for potential short- to medium-term gains. However, investors should be cautious as approaching resistance levels often lead to increased selling pressure, which can cause price corrections. 

Platforms like ChangeNOW, which facilitate straightforward and fee-transparent transactions, provide a user-friendly way to acquire ATOM.

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Litecoin Doubles in a Month as Bulls Target $144 Resistance Level

Litecoin has more than doubled in the past month, with its price currently ranging between $97.78 and $131.92. This significant surge suggests that bulls are influencing the market. The nearest resistance level is at $144, and breaking through could propel the price toward the next target of $178. Such a move would represent a substantial percentage increase from current levels. Technical indicators show potential for growth, with the 100-day Simple Moving Average around $131. The Relative Strength Index sits near 43, indicating room for upward movement. 

The current market setup appears favorable for those considering Litecoin, which can be traded on ChangeNOW without registration and no hidden fees.

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Cardano (ADA) Surges 248%: Can Bulls Drive It Past $1.35 to Unlock 30% Gains?

ADA has seen a remarkable price increase of over 248% in the past month, currently trading between $0.96 and $1.25. Bulls seem to be influencing the market, pushing the price toward the nearest resistance level at $1.35. If this level is breached, ADA could aim for the second resistance at $1.64, representing a potential gain of around 30%. The Relative Strength Index at just under 40 suggests there’s still room for growth before entering overbought territory. With support levels at $0.77 and $0.49, downside risk appears limited. 

The current market setup seems favorable for those considering adding Cardano to their portfolio, easily done on ChangeNOW without registration or hidden fees.

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Conclusion

In conclusion, ATOM, LTC, and ADA offer unique opportunities for investors and traders as bullish sentiment grows in the altcoin market. For those considering investing in these coins, ChangeNOW is an excellent platform for transactions. It allows users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration. Security is enhanced by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW provides a convenient and efficient service. 

Moreover, ChangeNOW offers businesses the NOWPayments tool to integrate cryptocurrency payments effortlessly. By utilizing these tools, companies can attract clients interested in cryptocurrencies, streamline operations, and set up instant points of service for transactions. Whether an investor, trader, or business owner, ChangeNOW combines convenience, efficiency, and profitability to meet cryptocurrency needs.

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