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Vechain (VET) on a Bullish Breakout — Can It Hold? Litecoin (LTC) Targets a Massive November Rally

Vechain (VET) on a Bullish Breakout — Can It Hold? Litecoin (LTC) Targets a Massive November Rally

EthnewsEthnews2024/10/21 12:54
By:By John Kiguru

Vechain experiences a surge as it eyes sustainable growth while Litecoin sets its sights on a significant rally this November. According to ChangeNOW, there has been a noticeable increase in transaction volumes for both Vechain and Litecoin. The growth in transactions suggests that investors are starting to accumulate these coins, hinting at potential future increases in value.

VeChain Gains Momentum as Bulls Eye Higher Levels

VeChain’s price has moved within a tight range between $0.0205 and $0.0239. The cryptocurrency has seen a modest increase over the past week, rising by over 3%. The Relative Strength Index is above 50, indicating bullish momentum. With the price near the 10-day and 100-day simple moving averages, there is potential for upward movement. If bulls maintain control, VeChain could test the nearest resistance around $0.0259, and possibly reach the next level near $0.029. This would represent a significant percentage increase from current levels. The current market setup appears favorable for those considering purchasing VeChain, which can be done on ChangeNOW without registration and hidden fees.

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Litecoin Gains Over 13% in a Week: Bulls May Be Taking the Lead

Litecoin (LTC) has seen its price climb between $62 and $67 recently, marking an impressive weekly gain of over 13%. The Relative Strength Index (RSI) stands near 56, suggesting growing bullish momentum. With the current price approaching the resistance level at $70, a breakthrough could pave the way towards the next resistance around $75. This represents a potential further increase from current levels. Additionally, the low Stochastic value of about 18 indicates that there may be room for continued upward movement. The convergence of these factors suggests that the market sentiment is turning positive for Litecoin. For those interested, purchasing Litecoin is possible on platforms like ChangeNOW, offering quick transactions without registration or hidden fees.

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Conclusion

Vechain offers exciting potential with its recent positive movement. Litecoin is gearing up for a strong rally this November. Both VET and LTC present unique opportunities for investors and traders. For seamless transactions involving these cryptocurrencies, ChangeNOW stands out as a top choice. It enables users to easily exchange, buy, or sell crypto with no hidden costs or registration. As ChangeNOW does not hold user funds, it enhances security. Supporting over 900 cryptocurrencies, there are no volume restrictions on transactions, and purchasing with a bank card is straightforward. These features make ChangeNOW a preferred platform for cryptocurrency exchanges.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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