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Solana is potentially heading towards a new all-time high by 2025, sparking interest in whether Monero might join the altcoin rally. The transaction volume for Solana and Monero has surged, as noted by ChangeNOW, a cryptocurrency exchange platform that prioritizes security and requires no registration. This increase suggests that investors are accumulating these coins, hinting at possible future growth.
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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Monero Gains Momentum as Bulls Target Key Resistance Levels
Monero’s price is climbing, hovering between $143 and $154. In the past week, it has gained over 5%, showing strong upward movement. The next obstacle for buyers is the $160 resistance level. If the price breaks through this, it could reach $172, offering significant potential gains. The Relative Strength Index is near 70, indicating increased buying interest. Despite this, the price is below the 10-day and 100-day moving averages, suggesting there is still room for growth. This setup appears favorable for those looking to purchase Monero, which can be done on ChangeNOW without registration or hidden fees.
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Conclusion
Solana and Monero each present unique chances for traders and investors. Solana is known for its fast transaction times and growing developer activity, making it appealing to those looking for dynamic growth potential. Monero, with its strong focus on privacy, provides a choice for those prioritizing confidentiality in transactions. For those interested in these coins, ChangeNOW is a top platform for transactions. It allows exchanges, purchases, and sales without hidden fees or registration. Users can feel secure as funds are not stored on the platform. With support for over 900 cryptocurrencies, no transaction limits, and the option to buy using a bank card, ChangeNOW offers a flexible and broad experience for cryptocurrency enthusiasts.
Source: https://finbold.com/solana-sol-gearing-up-for-a-new-ath-before-2025-will-monero-follow-the-altcoin-surge/