Altcoin Surge on the Horizon? How Far Can Cardano (ADA) and Solana (SOL) Go This Time?

The crypto world is buzzing with activity as Cardano (ADA) and Solana (SOL) are showing promising signs. According to ChangeNOW, a popular service for exchanging cryptocurrencies securely, there’s a noticeable increase in transaction volumes for these altcoins. This trend suggests that investors are in an accumulation phase, hinting at potential growth for these coins in the near future.

Solana Shows Bullish Momentum, Targets Key Resistance at $162

Over the past month, Solana’s price has climbed more than 16%, showing strong bullish momentum. Currently trading between $138 and $154, it sits near its 10-day and 100-day moving averages around $153. An RSI of 54 signals moderate buying pressure, while a positive MACD reinforces the upward trend. If Solana breaks through the nearest resistance at $162, it could gain about 11%. Further movement towards the next resistance at $179 offers potential growth of around 22% from current levels. These indicators suggest that bulls are influencing the market. With this favorable setup, purchasing Solana could be timely, and it can be done easily on ChangeNOW with no registration and no hidden fees.

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Cardano (ADA) Edges Upward: Bulls Gaining Momentum?

Cardano’s price is moving within a narrow range between $0.33 and $0.37. Recent weeks have seen small gains, with the price rising around 2% in the last week and nearly 4% over the past month. The Relative Strength Index is hovering around 50, suggesting neither overbought nor oversold conditions. If the bulls push the price past the nearest resistance level at about $0.38, Cardano could aim for the next target around $0.42, potentially offering a modest percentage increase. With indicators showing neutral to slightly bullish signs, now might be an opportune time to consider purchasing Cardano on ChangeNOW, where buying is simple and fee-free.

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Conclusion

Cardano and Solana offer distinct opportunities for investors. Cardano is recognized for its focus on research and innovation, appealing to those seeking long-term potential. Solana is known for its high-speed capabilities, making it attractive for traders looking for faster transactions. For those considering investments in these coins, ChangeNOW is a recommended platform. It allows users to exchange, buy, or sell cryptocurrencies like ADA and SOL without hidden fees or registration hassles. ChangeNOW enhances security by not holding user funds. With support for over 900 different cryptocurrencies, no transaction limits, and the convenience of buying crypto with a bank card, it stands out as a versatile and user-friendly choice.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.