Monero & Zcash. Will These Privacy Coins Take Off In November?

As new trends emerge in crypto, focus shifts to privacy coins such as Monero and Zcash. ChangeNOW, a registration-free crypto exchange, reports increased transaction volumes for these coins. Savvy investors and large holders concerned about safety are using ChangeNOW. This growth in transactions suggests accumulation by investors, hinting at potential future value increases.

Monero (XMR) Shows Signs of Potential Growth Amid Market Fluctuations

Monero (XMR) is currently trading between approximately $150 and $164. The price has seen an upward change of over 4% in the past week and more than 10% over the past month. The Relative Strength Index (RSI) is below 40, which may indicate that the asset is oversold and could be poised for a rebound. With resistance levels at $172 and $186, a break above these points could signal further growth. The 10-day and 100-day Simple Moving Averages are converging, suggesting possible consolidation before movement.

For those watching these signals, Monero’s current market position reflects positive momentum. Platforms like ChangeNOW provide a streamlined option to purchase Monero, offering transactions with no registration or hidden fees for a convenient experience.

ChangeNOW – Swap Crypto Simple, Fast, Free of Custody

Zcash Rides Bullish Wave with Strong Growth Potential Ahead

Zcash (ZEC) is experiencing a bullish surge, with its price climbing over 20% in the past week and nearly 57% in the past month. Currently trading between the mid-thirties and around $40, ZEC is approaching its nearest resistance level at approximately $43. Breaking through this barrier could open the path to the next resistance near $49, suggesting a potential gain of more than 20% from current levels. Technical indicators like a moderately strong RSI and positive MACD signal further upward momentum. For those observing this upward trend, Zcash’s recent performance signals a favorable position. Platforms like ChangeNOW make it easy to purchase Zcash without the need for registration or hidden fees, providing a seamless way to enter the market.

ChangeNOW – Swap Crypto Simple, Fast, Free of Custody

Conclusion

Monero and Zcash offer unique opportunities for investors and traders interested in privacy-focused cryptocurrencies. Their advanced anonymity features set them apart in the market. For those considering investing in these coins, ChangeNOW is an excellent platform for transactions. It enables users to exchange, buy, or sell these coins without hidden fees or the need for registration. This approach enhances security by not storing user funds. ChangeNOW supports over 900 cryptocurrencies, imposes no limits on transaction volumes, and provides the option to purchase crypto using a bank card.

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