Delayed Rally Highlights TON, XMR, and SOL as Key Altcoin Picks for 2025
The post Delayed Rally Highlights TON, XMR, and SOL as Key Altcoin Picks for 2025 appeared on BitcoinEthereumNews.com.
Market movements have recently put TON, XMR, and SOL in the spotlight as promising altcoins for 2025. According to ChangeNOW, transaction volumes for these cryptocurrencies have risen. ChangeNOW is a service that allows crypto exchanges without registration, favored by savvy investors and whales concerned about security. The increase in transactions suggests investors are accumulating these coins, indicating potential growth ahead. Toncoin Flirts with Bullish Momentum Amid Price Fluctuations Toncoin is currently trading between $4.61 and $6.31, showing signs of potential bullish momentum. The 1-week price increase of 5.99% hints at growing buyer interest. The 10-day simple moving average is $5.82, slightly above the 100-day average of $5.66, suggesting a possible upward trend. With the nearest resistance level at $7.24, breaking this could lead to the next target of $8.93—an increase of over 40% from current prices. Technical indicators like the Relative Strength Index at 42.03 and a stochastic value of 22.76 indicate that Toncoin is nearing oversold territory, which often precedes price increases. Overall, the current technical setup points toward a market leaning in favor of the bulls. On ChangeNOW, a custody-free platform that requires no registration, interested parties can buy or exchange TON. >>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<< Monero’s Market Gains Momentum Amid Positive Price Movement Monero (XMR) has experienced significant growth over the past month, with prices increasing by over 23%. Currently trading between $160 and $227, the cryptocurrency shows potential for further gains. The next resistance level is at $263, with a second resistance at $329, suggesting possible targets if the upward trend continues. Both the 10-day and 100-day simple moving averages are around $192, indicating steady momentum. Technical indicators such as the Relative Strength Index at 50 and Stochastic at 57 point to neutral market conditions. Despite a slight dip…
Filed under: News - @ December 28, 2024 1:21 am