Solana is showing strength in the market, while TON remains steady, highlighting important levels for observation this January. According to ChangeNOW, a platform for exchanging cryptocurrency without registration, transaction volumes for SOL and TON have grown. This increase suggests that savvy investors and large holders concerned about the safety of their funds are accumulating these coins, indicating potential growth in the future.
Solana’s Price Dip Suggests Potential Upswing Amid Oversold Signals
Solana (SOL) has seen its price range between $161 and $214 recently, with a drop of over 8% in the past week and nearly 19% over the past month. Despite this downturn, SOL’s six-month change remains a positive 36%. Technical indicators like the Relative Strength Index at around 32 and Stochastic near 10 suggest that SOL may be oversold. The nearest support level is at $141, and if the price holds above this, it could rebound toward resistance levels at $249 and potentially $302. This possible upward movement represents a significant percentage increase.
The current market setup appears favorable for Solana which is available for purchase on ChangeNOW without registration and hidden fees.
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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.
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Conclusion
In conclusion, Solana and Toncoin offer unique prospects for investors and traders. Solana’s rising momentum indicates potential for further advancement, while Toncoin’s steady consolidation might present strategic opportunities. For those interested in engaging with these coins, ChangeNOW is an excellent platform to consider. It enables users to exchange, buy, or sell cryptocurrencies without hidden fees and requires no registration, enhancing security by not storing user funds. Supporting over 900 cryptocurrencies and imposing no limits on transaction volumes, ChangeNOW provides both flexibility and convenience. Additionally, the option to purchase crypto using a bank card makes the process straightforward and accessible.
