Market Slump Presents Perfect Entry For SOL, KAS, and TRX Before The Big Rally
The post Market Slump Presents Perfect Entry For SOL, KAS, and TRX Before The Big Rally appeared on BitcoinEthereumNews.com.
Recent declines in the cryptocurrency market have opened doors for savvy investors. Coins like SOL, KAS, and TRX are now more accessible due to lower prices. This period may be ideal for acquiring these assets before a potential surge in their values. Historically, market downturns have often preceded significant rallies, offering strategic entry points for investors seeking growth. According to ChangeNOW, a service for exchanging cryptocurrency without registration, the volume of transactions for these coins has grown, suggesting that investors are accumulating them for future gains. Solana Maintains Bullish Outlook Targeting Resistance Above $270 Solana’s price currently ranges between $192 and $226. The cryptocurrency has seen a recent decline, with a 1-week drop of 8% and a 1-month decrease of 10%. However, over the past six months, it has grown by nearly 35%. The Relative Strength Index sits around 53, indicating neutral market sentiment. The MACD level is positive at 0.16, suggesting potential upward momentum. The nearest resistance level is at $240, while support is at $172. If bullish trends continue, Solana could aim for the next resistance at $274, marking a significant increase from current levels. Some investors might find Solana’s current market position interesting. Solana is available on ChangeNOW with no registration and no hidden fees. >>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<< Kaspa (KAS) Shows Signs of Potential Bullish Momentum Amid Stabilizing Indicators Kaspa is currently trading between $0.11 and $0.13, aligning with its 10-day and 100-day simple moving averages of $0.12. The relative strength index stands slightly above 54, suggesting potential bullish momentum. The nearest resistance level is at $0.14; if Kaspa surpasses this, the next target could be $0.16, indicating a possible increase of over 20% from current prices. Despite a decline of more than 25% over the past month, the…
Filed under: News - @ January 12, 2025 12:13 pm