Postponed Market Surge Puts TON, XMR, and SOL in the Spotlight for 2025
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  • Bitzo
  • Published 3 months ago on December 27, 2024
  • 3 Min Read

Postponed Market Surge Puts TON, XMR, and SOL in the Spotlight for 2025

Table of Contents

  1. Toncoin Shows Potential for Upward Movement Despite Price Swings
  2. Monero Experiences Positive Market Trends with Price Growth
  3. Solana's Price Decline Indicates a Potential Rebound Due to Oversold Signals
  4. Conclusion

Recent market dynamics have brought TON, XMR, and SOL into focus as potential standout altcoins for 2025. ChangeNOW reports an increase in transaction volumes for these cryptocurrencies. This platform facilitates crypto exchanges without the need for registration and is popular among knowledgeable investors and large holders who prioritize security. The surge in transactions suggests that investors are accumulating these coins, signaling possible future growth.

Toncoin Shows Potential for Upward Movement Despite Price Swings

Toncoin is currently fluctuating between $4.61 and $6.31, indicating signs of potential upward movement. A 5.99% rise in its price over the past week suggests increasing buyer interest. The 10-day simple moving average stands at $5.82, slightly higher than the 100-day average of $5.66, which hints at a likely upward trend. If Toncoin breaks the nearest resistance level of $7.24, it could aim for $8.93—a potential rise of over 40% from current levels. Technical indicators like the Relative Strength Index at 42.03 and a stochastic value of 22.76 suggest that Toncoin is approaching oversold conditions, which often precede price increases. Overall, the technical landscape suggests a market favoring bulls. 

On ChangeNOW, a custody-free and registration-free platform, users can buy or exchange TON.

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Monero Experiences Positive Market Trends with Price Growth

Monero (XMR) has seen a notable increase of over 23% in the past month. Currently valued between $160 and $227, it shows promise for further appreciation. The next resistance is at $263, with an additional target at $329 if the positive trend persists. Both the 10-day and 100-day simple moving averages are around $192, reflecting stable momentum. Technical indicators such as the Relative Strength Index at 50 and Stochastic at 57 suggest neutral market conditions. Despite a 9% drop last week, Monero's nearly 15% rise over six months highlights its upward trend. 

Monero can be traded on platforms like ChangeNOW without any registration or hidden costs.

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Solana's Price Decline Indicates a Potential Rebound Due to Oversold Signals

Solana (SOL) has recently traded between $161 and $214, experiencing a decline of over 8% in the last week and nearly 19% over the past month. Despite this decrease, the six-month change for SOL remains a positive 36%. With technical indicators like the Relative Strength Index around 32 and Stochastic near 10, there are signs that SOL might be oversold. If the price stays above the $141 support level, it could rebound toward resistance levels at $249 and potentially $302, marking a significant percentage increase. 

The current market conditions seem favorable for Solana, which can be purchased on ChangeNOW without registration or hidden fees.

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Conclusion

TON, XMR, and SOL present unique opportunities for both investors and traders. Those looking to engage with these cryptocurrencies may find ChangeNOW an excellent platform for transactions. ChangeNOW allows users to exchange, purchase, or sell these digital coins without any hidden fees or registration requirements, enhancing security by not holding user funds. Supporting over 900 cryptocurrencies, with no transaction volume limits and the option to buy crypto with a bank card, ChangeNOW offers a convenient and secure way to manage cryptocurrency investments.

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