KAS, XMR, and ZEC: Small Pause Before a Massive Bull Run Rebound
The post KAS, XMR, and ZEC: Small Pause Before a Massive Bull Run Rebound appeared on BitcoinEthereumNews.com.
The crypto market is buzzing with anticipation as Kaspa (KAS), Monero (XMR), and Zcash (ZEC) show signs of a brief consolidation before their next potential breakout. These coins, known for their unique value propositions and resilient communities, are primed for a significant rebound. Whether you’re drawn to KAS’s revolutionary blockDAG technology, XMR’s unparalleled privacy features, or ZEC’s dual-layered anonymity, this pause in momentum might be the perfect moment for savvy investors to position themselves ahead of the next bull run. Here’s why these assets deserve attention now more than ever. Kaspa (KAS) Shows Potential Amidst Market Fluctuations Kaspa (KAS) is trading between $0.10 and $0.15, with recent movements hinting at possible shifts in market sentiment. Despite a drop of 19.60% over the past week and 22.58% over the past month, technical indicators suggest it may be nearing oversold conditions. The Relative Strength Index (RSI) stands at 40.88, and the stochastic oscillator is at 9.62. If the price breaks through the nearest resistance level at $0.18, it could reach the second resistance at $0.22, representing a notable increase from current levels. For those keeping an eye on Kaspa, it’s available on ChangeNOW with no registration and no hidden fees. >>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<< Monero’s Market Shows Bearish Signs Amid Potential for Growth Monero (XMR) is currently experiencing bearish influences in the market. Over the past week, its price has dropped by more than 12%, settling within the $160 to $226 range. Short-term indicators like the Relative Strength Index at around 37 and a Stochastic value near 15 suggest the cryptocurrency is oversold. The price is also below both the 10-day and 100-day Simple Moving Averages, which hover around $188. With the nearest support level at $130 and resistance at $262, there’s potential for upward…
Filed under: News - @ December 27, 2024 7:13 am