Solana Is on the Rise—Will Ethereum and Cosmos Follow Suit Soon?

Solana is gaining momentum in the crypto market. This raises questions about whether Ethereum and Cosmos will soon follow.

ChangeNOW, a service for exchanging cryptocurrencies without registration, reports increased transaction volumes for ETH, ATOM, and SOL. Savvy investors and whales, concerned about fund safety, are using ChangeNOW more. This could mean investors are accumulating these coins, hinting at future growth.

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.

Ethereum in Tug-of-War Between Bulls and Bears Amid Price Consolidation

Ethereum’s price is fluctuating between $2912 and $3340, reflecting a market struggling for direction. Over the past month, ETH has gained 13%, but it has dropped 4% in the last week. The Relative Strength Index sits near 48, indicating neither overbought nor oversold conditions. The nearest resistance level is at $3606, with potential to reach $4034 if bullish momentum builds. Support lies at $2749, providing a safety net for price dips. The 10-day and 100-day simple moving averages are close, suggesting a potential breakout. If Ethereum overcomes resistance, it could see a percentage increase in the double digits. The current technical indicators hint at a balanced market with potential for upward movement. ETH is available on ChangeNOW with no registration and no hidden fees.

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Cosmos (ATOM) Gains Momentum as Bulls Push Toward Resistance Levels

Cosmos (ATOM) has surged, rising nearly 22% in the past week and about 38% over the past month. Currently trading between $4.78 and $6.62, it sits just above its 100-day simple moving average of $6.16. Technical indicators, with an RSI of 55.06 and a positive MACD, indicate bullish momentum. If this trend continues, ATOM could reach the nearest resistance level at $7.55, offering a potential gain of around 14%. Beyond that, the second resistance at $9.39 is within sight, representing over a 40% increase from current prices. This favorable setup suggests interest in Cosmos is growing, and it is available on ChangeNOW with no registration and no hidden fees.

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Solana’s Steady Climb Suggests Bullish Momentum Ahead

Solana (SOL) has been on an upward trajectory, with its price increasing by nearly 12% in the past week and over 40% this month. Currently trading between $210 and $250, the cryptocurrency is approaching its nearest resistance level at about $270. If the bullish trend continues, Solana could test the next resistance around $310, marking a significant gain from current prices. The 10-day and 100-day simple moving averages are aligned near $235, supporting this upward movement. While the Relative Strength Index sits just below 50, indicating room for growth, market sentiment appears optimistic. Given these trends, some may see this as a favorable time to consider Solana, which is available on ChangeNOW without registration or hidden fees.

Conclusion

Solana’s recent surge offers fresh opportunities for investors and traders. Ethereum remains a strong contender with its widespread use and development. Cosmos stands out by connecting different blockchains, enhancing interoperability. For those looking to invest in these coins, ChangeNOW is an excellent choice for transactions. It allows users to exchange, buy, or sell these coins without hidden fees or the need for registration. Security is enhanced because it doesn’t store user funds. With support for over 900 cryptocurrencies, no limits on transaction amounts, and the option to purchase crypto using a bank card, ChangeNOW makes trading 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.