Solana Surges Ahead as TON Holds Steady—Critical January Levels to Monitor

Solana is gaining traction in the market, while TON remains stable, pinpointing key levels worth attention this January. ChangeNOW, a platform facilitating cryptocurrency exchanges without the need for registration, reports a spike in transaction volumes for both SOL and TON. This uptick indicates that astute investors and large holders, who prioritize the security of their assets, are accumulating these cryptocurrencies, suggesting future growth prospects.

Solana's Price Drop Points to Potential Rebound Amid Oversold Conditions

Solana (SOL) has recently fluctuated between $161 and $214, experiencing a decline of over 8% in the last week and nearly 19% over the past month. Despite this slump, SOL's six-month change is a positive 36%. Indicators like the Relative Strength Index around 32 and the Stochastic near 10 imply SOL might be oversold. The closest support level is at $141, and maintaining above this could trigger a rebound towards resistance at $249, possibly reaching $302. This potential rise represents a notable percentage gain. 

The market setup currently looks favorable for Solana, which can be purchased on ChangeNOW without registration or hidden fees.

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Toncoin Edges Toward Bullish Territory Amid Price Variability

Toncoin is trading within the $4.61 to $6.31 range, hinting at possible bullish movement. A 5.99% price rise over the past week signals increasing buyer interest. The 10-day simple moving average stands at $5.82, slightly above the 100-day average of $5.66, indicating a potential upward trajectory. With the nearest resistance at $7.24, surpassing this could aim for a next target of $8.93—an increase of over 40% from current levels. Technical indicators, including the Relative Strength Index at 42.03 and a stochastic value of 22.76, suggest Toncoin is approaching oversold conditions, often a precursor to price gains. 

Overall, the technical outlook suggests a market favoring bullish trends. On ChangeNOW, a custody-free platform with no registration required, users can buy or swap TON.

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Conclusion

To sum up, Solana and Toncoin present distinct opportunities for investors and traders. Solana's upward momentum indicates room for further growth, while Toncoin's steady consolidation might offer strategic entry points. For those looking to engage with these cryptocurrencies, ChangeNOW is a recommended platform. It allows for the exchange, purchase, or sale of digital currencies without hidden charges and requires no registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies and no limits on transaction volumes, ChangeNOW offers both flexibility and convenience. Additionally, the option to buy crypto with a bank card makes the process easy and accessible.