The post Will Solana (SOL) and Monero (XMR) Skyrocket This September? Experts Weigh In appeared on BitcoinEthereumNews.com.

The future of Solana and Monero holds intrigue as market attention turns to their potential growth. ChangeNOW, a platform known for allowing anonymous crypto exchanges, reports a rise in transaction volumes for these digital coins. This uptick hints at a possible accumulation phase among investors—particularly those prioritizing security—suggesting possible value increases for SOL and XMR in the near future. Solana’s Market Stirs: Bulls on the Move or Bears Holding Back? Solana (SOL) is showing signs of potential, trading between around $121 and $138. This puts it above a support level of $112 but still below a resistance at $147. Recent price movements hint at cautious optimism. The last week saw an increase of over 3%, although it’s still down by about 9% for the month. The 10-day and 100-day moving averages are quite close, suggesting no strong trend. The RSI is under neutral, implying the market isn’t overheated. With Solana aiming for $147 as the next target, it could see a modest gain of around 7%. Current indicators suggest now might be a good time to purchase Solana, easily available on ChangeNOW, which requires no sign-up and is hassle-free. >>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<< Monero’s Bullish Run Shows Promise with Solid Gains on the Horizon Monero (XMR) is catching the eye of investors with its promising price movements. Currently ranging between $164 and $178, XMR has shown a nearly 16% increase in the last month. Monero is riding above two key simple moving averages, indicating steady growth. The next major resistance sits at $184, with more room to climb towards $198, offering potential for a 20% increase. The RSI and other indicators suggest a balanced market, hinting bulls are subtly gaining control. With conditions appearing ripe, now could be a good time to explore…

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Filed under: News - @ September 14, 2024 12:25 pm