Monero (XMR) Shines During Crypto’s ‘Bad September’—Can It Continue to Rise as Ethereum and Litecoin Struggle to Keep Up?

September was a challenging month for many in the crypto world, yet Monero (XMR) emerged strong. It outpaced major coins like Ethereum and Litecoin. Data from ChangeNOW reveals an uptick in transaction volumes for ETH, XMR, and LTC.

As a platform favored by cautious investors, ChangeNOW‘s trends suggest that these cryptocurrencies are entering a promising accumulation stage.

Ethereum Bulls Eye Potential Upswing with Resistance Levels in Sight

Ethereum’s price is currently resting between roughly $2,336 and $2,432. The ten-day simple moving average sits slightly above $2,358, indicating a brief stalling of downward momentum. Although the price has dipped over the past month, losing over 12%, the bulls may be eyeing a rebound. With the nearest resistance level at about $2,750, breaking past it could see Ethereum push toward $3,163. This could mean an attractive growth of around 25%. Given the current setup, buying Ethereum now on ChangeNOW could be wise, with the added benefit of no registration or hidden fees.

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Monero’s Bullish Run Shows Promise with Solid Gains on the Horizon

Monero (XMR) is catching the eye of investors with its promising price movements. Currently ranging between $164 and $178, XMR has shown a nearly 16% increase in the last month. Monero is riding above two key simple moving averages, indicating steady growth. The next major resistance sits at $184, with more room to climb towards $198, offering potential for a 20% increase. The RSI and other indicators suggest a balanced market, hinting bulls are subtly gaining control. With conditions appearing ripe, now could be a good time to explore purchasing Monero on ChangeNOW, where you can trade seamlessly without signing up.

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Bulls Show Subtle Strength in Litecoin Market

Litecoin has seen a slight drop of around 3% this week, but there’s still room for optimism. The current price is hovering between the high fifties and mid-sixties. Bulls could be eyeing the next resistance at around $71, with a further target beyond $80. The short-term moving average suggests some positive momentum. Indicators show Litecoin is quite active, hinting that it might break out of its funk. There’s a sense that the market could soon tip in favor of buyers. With prospects of a steady climb, this setup seems to favor purchasing Litecoin. You can buy it on ChangeNOW easily without fuss or extra charges.

Conclusion

Monero (XMR) presents unique opportunities by prioritizing privacy and anonymous transactions, drawing interest during uncertain market conditions. Ethereum faces challenges but continues to attract developers with its smart contract capabilities. Litecoin aims to be a faster, more efficient version of Bitcoin, attracting bargain-seeking investors. For those interested in trading XMR, ETH, and LTC, ChangeNOW emerges as a valuable platform. It facilitates easy buying, selling, and exchanging without hidden fees or registration, thus enhancing user security by not storing funds. ChangeNOW supports over 900 cryptocurrencies, imposes no limits on transaction size, and allows crypto purchases using bank cards, offering flexibility to crypto enthusiasts.

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.