Cardano or Litecoin: Which Altcoin Is the Top Choice for Portfolio Upside?

Cardano and Litecoin are emerging as promising options for investors seeking portfolio growth.

ChangeNOW, a platform that allows cryptocurrency exchange without registration, reports that transaction volumes for ADA and LTC have increased. Savvy investors and large holders concerned about the safety of their funds are using ChangeNOW. This rise in activity suggests that investors are accumulating these coins, which may lead to future price gains.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

Cardano Gains Momentum as Bulls Drive ADA Towards Key Resistance Levels

Cardano (ADA) is showing strong bullish activity, with its price increasing significantly over the past month. The cryptocurrency has seen a one-week price change of 49% and a one-month surge of 136%. The Relative Strength Index stands at 60.54, indicating positive momentum. The current price hovers between $0.54 and $0.84, approaching the nearest resistance level at $0.98. If the bullish trend continues, ADA could test this resistance and potentially climb towards the second resistance level at $1.28. The Simple Moving Averages also support this outlook, with the 10-day SMA at $0.87 above the 100-day SMA of $0.78. 

Overall, the market data suggests that bulls are currently influencing Cardano’s price movement. Those interested in Cardano can access it on ChangeNOW with no registration and no hidden fees.

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Litecoin Gains Momentum as Bulls Take Charge

Litecoin is showing signs of bullish momentum. Over the past week, its price has increased by 8.79%, and in the past month, it’s up by 28.11%. The current price is around $90, above both the 10-day and 100-day simple moving averages of $90.25 and $87.90. Technical indicators like the RSI at 52.05 and the MACD level at 0.6467 suggest a positive trend. If this continues, Litecoin could test the nearest resistance level at $112, representing a potential increase of about 24%. Further growth might see it reach the second resistance at $139, a possible gain of around 54%. 

The current setup appears favorable for Litecoin, so those interested in this coin can trade it on ChangeNOW with no registration and no hidden fees.

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Conclusion

Cardano and Litecoin present unique opportunities for investors aiming to enhance their portfolios. Cardano focuses on building a secure and sustainable blockchain platform, while Litecoin offers faster transaction speeds and lower fees. For those interested in investing in these coins, ChangeNOW stands out as an excellent platform. It enables users to exchange, buy, or sell cryptocurrencies without hidden fees or the need for registration, boosting security by not storing user funds. Supporting over 900 cryptocurrencies, offering unlimited transaction volumes, and providing the option to purchase crypto with a bank card, ChangeNOW makes the process straightforward and accessible.

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.