As December nears, investors wonder about the future for Solana and Cardano. Transaction volumes for ADA and SOL have risen on ChangeNOW, a platform for crypto exchanges without registration. Used by savvy investors and large holders who value safety, the increased activity hints at accumulation. This may signal potential growth for these coins in the coming months.
Cardano’s Price Rises as Bulls Take Charge, Eyeing Higher Levels
Cardano (ADA) has seen a strong price increase, rising by 129% in the past month to trade between $0.54 and $0.84. The bulls are driving the market, pushing the price toward the nearest resistance level at $0.98. If this level is crossed, ADA could aim for the next target at $1.28, marking a significant potential gain. The 10-day and 100-day simple moving averages at $0.82 and $0.75 indicate an upward trend. With market indicators showing strong momentum, the current setup seems favorable. Cardano can be bought on ChangeNOW without registration or 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.
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Conclusion
As December unfolds, investors and traders have unique opportunities with Solana (SOL) and Cardano (ADA). Solana’s fast blockchain allows quick transactions, making it appealing for decentralized applications that require speed. Cardano focuses on a research-driven approach, aiming to build a secure and sustainable platform. For those looking to invest in these coins, ChangeNOW offers an excellent platform. It enables users to exchange, buy, or sell SOL and ADA without hidden fees or the need for registration. Security is enhanced because the platform does not store user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW provides a convenient and secure way to engage with the crypto market.
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Source: https://cryptodaily.co.uk/2024/11/sol-and-ada-price-forecast-what-can-december-deliver-for-solana-and-cardano-investors