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Kaspa, Zcash, Tron: Prepare for a Big Week Ahead as These Cryptos Set to Take Off

Kaspa, Zcash, Tron: Prepare for a Big Week Ahead as These Cryptos Set to Take Off

EthnewsEthnews2024/10/19 15:12
By:By John Kiguru

Upcoming movements in the crypto market show promise as interest around Kaspa, Zcash, and Tron intensifies. Transaction volumes for these currencies have surged, as reported by ChangeNOW, a platform renowned for facilitating secure crypto exchanges without the need for registration. This trend suggests investors are in accumulation mode, possibly signaling future growth for these digital assets.

Kaspa (KAS) Eyes Upward Move Amid Neutral Market Signals

Kaspa’s price currently ranges between $0.1234 and $0.1448, hovering near its 10-day moving average of $0.1265. The Relative Strength Index is around 50, indicating neutral momentum. The nearest resistance level is at $0.1566. If the price breaks above this, it could reach $0.1780, a potential increase of about 22%. The nearest support is at $0.1138, providing a safety net for the price. Recent declines suggest the bears may be losing steam, and the bulls might be ready to push the price higher. This setup appears favorable for those considering buying Kaspa, which can be done on ChangeNOW with no registration and no hidden fees.

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Zcash Gains Momentum as Bulls Eye Higher Levels

Zcash (ZEC) has seen a notable rise recently, with its price climbing over 24% in the past month. Currently trading near $35, it is approaching the nearest resistance level at around $43. If the bullish momentum continues, Zcash could break this barrier and aim for the next target near $53. Technical indicators like the MACD are showing positive signs, and the RSI suggests there’s still room for growth before reaching overbought territory. With a six-month increase of close to 60%, the trend appears strong. This favorable setup makes it an interesting time to consider adding Zcash to your portfolio, and platforms like ChangeNOW offer a seamless way to do so without registration or hidden fees.

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TRON (TRX) Shows Signs of Steady Growth Amid Mild Bullish Momentum

TRON’s price is currently between $0.1561 and $0.1664, showing steady progress over the past six months with a rise of about 43%. The price is nearing the first resistance level at $0.1704, and breaking through could lead it toward the next target around $0.1807. The 10-day and 100-day simple moving averages are close, hinting at potential stability. Technical indicators like the RSI at approximately 43 and the stochastic around 37 suggest there’s room for upward movement. With a recent growth of over 6% in the past month, bulls seem to be influencing the market. This setup might be a good opportunity to consider purchasing TRON, available on ChangeNOW with no registration and no hidden fees.

Conclusion

Kaspa, Zcash, and Tron present unique opportunities for investors this week. Kaspa is gaining attention for its focus on speed, offering timely transactions. Zcash stands out with its privacy features, appealing to those who value anonymity. Tron is making waves with its strong performance in entertainment and decentralized apps. For those considering an investment, ChangeNOW is a recommended platform. It allows users to exchange, buy, or sell these cryptocurrencies without any hidden fees or registration. This enhances security as it does not store user funds. The platform supports more than 900 cryptocurrencies, offers unlimited transaction volumes, and provides the option to purchase using a bank card, making it a flexible choice for all trading needs.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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