The post Altcoin Boom Incoming? Cardano and Solana’s Potential for This Bull Run Explored! appeared on BitcoinEthereumNews.com.

Disclaimer: The information presented in this article is part of a sponsored/press release/paid content, intended solely for promotional purposes. Readers are advised to exercise caution and conduct their own research before taking any action related to the content on this page or the company. Coin Edition is not responsible for any losses or damages incurred as a result of or in connection with the utilization of content, products, or services mentioned. Interest is rising in alternative cryptocurrencies. Transaction volumes for Cardano (ADA) and Solana (SOL) have grown, according to ChangeNOW, a cryptocurrency exchange without registration. This platform is used by savvy investors and large holders worried about fund safety. The increase in transactions suggests investors are accumulating these coins, which may grow in the future. Solana (SOL) Faces Bearish Indicators Amid Price Fluctuations Solana’s price is currently fluctuating below $231, with technical indicators suggesting bearish market influence. The Relative Strength Index (RSI) is at 39, indicating weaker buying momentum, while the MACD level is negative at -2.353, pointing to potential downward pressure. The stochastic oscillator stands at 22, close to oversold territory, which could hint at future price adjustments. The nearest support level is $133, and resistance is at $253, with a second resistance at $314. Recent price changes show an increase of over 23% in the past week and nearly 40% in the past month. Investors interested in Solana can access it through platforms like ChangeNOW, offering transactions without registration and hidden fees. >>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<< Cardano (ADA) Surges Over 50%, Bulls Eye Resistance at $0.86 Cardano (ADA) has seen a significant price increase, with a 1-week change of 59.88% and a 1-month change of 53.45%. The current price ranges between $0.39 and $0.73, approaching the nearest resistance level at $0.86. The…

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Filed under: News - @ November 13, 2024 1:28 pm