VeChain continues to hold its ground in the cryptocurrency market, demonstrating stability amid recent fluctuations. This consistent performance contrasts with other assets experiencing higher volatility. Litecoin, meanwhile, is showing signs of a potential breakout, drawing attention from traders seeking promising opportunities.
With various market indicators suggesting possible shifts, January is shaping up to be a pivotal month for both VeChain and Litecoin. According to ChangeNOW, the number of transactions is growing, indicating that investors have entered the accumulation stage, and these coins may grow in the future.
Bulls Return as VeChain (VET) Shows Signs of Upward Momentum
VeChain (VET) is showing signs of bullish momentum as its price climbs within the $0.043 to $0.055 range. Over the past week, VET increased by nearly 4%, indicating renewed interest from buyers. The Relative Strength Index (RSI) is around 39, suggesting the token is approaching oversold territory and may rebound.
If the bullish trend continues, VET could test the nearest resistance level at $0.061, a potential gain of over 10% from the current price. The 10-day Simple Moving Average is slightly below the 100-day average, hinting at possible upward movement. These factors suggest a potentially favorable environment for VeChain. The token can be accessed on ChangeNOW without registration or hidden fees.
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Litecoin’s Price Decline Opens Door for Potential Growth
Litecoin’s price has recently moved between just over $100 and around $120. Over the past month, it has decreased by nearly 24%, but it has increased by over 50% in the past six months. The nearest support level is $90.80, and the nearest resistance is at $128. The RSI is at 38.76, indicating it’s approaching oversold territory. The MACD level is negative, suggesting bearish momentum may be slowing. If Litecoin breaks above $128, it could reach the next resistance at $147, representing a potential increase of about 15%. The current market setup appears favorable for those considering Litecoin, which is available on ChangeNOW with no registration and no hidden fees.
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Conclusion
VeChain and Litecoin offer distinct opportunities for investors and traders. VeChain’s steadiness and focus on supply chain solutions make it appealing, while Litecoin’s potential for a breakout signals promising growth. Those considering investing in these coins may find ChangeNOW to be an excellent platform for transactions. It enables users to exchange, buy, or sell these cryptocurrencies 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 volumes, and the option to purchase crypto using a bank card, ChangeNOW provides a seamless and secure experience in the crypto market.
