TRON (TRX), VeChain (VET), and Litecoin (LTC) Offer Unique Opportunities During This Market Pause

As the cryptocurrency market takes a breather from its recent surge, attention is shifting to alternative coins such as TRX, VET, and LTC.

As the cryptocurrency market experiences a brief pause in its recent surge, attention has shifted towards alternative coins, with a particular focus on TRX, VET, and LTC. According to data from ChangeNOW, a platform that offers crypto exchanges without the need for registration, transaction volumes for these coins have seen a significant increase. This development is especially noteworthy considering that large crypto holders and savvy investors often opt for platforms like ChangeNOW due to concerns about fund safety.

In light of these observations, the uptick in transactions on ChangeNOW may also indicate an accumulation phase, which could herald promising future growth for these altcoins. Here's a closer look at each coin's market performance and technical analysis:

1. TRON (TRX) Rallies as Bulls Drive Price Toward Resistance Levels

Currently, TRON (TRX) is trading within a range of $0.16 to $0.17. Over the past week, the price has increased by almost 18%, while over the past month, the increase is nearly 19%. In the last six months, TRX has surged by more than 53%. The Relative Strength Index indicates strong momentum, as the level is above 75.

The nearest resistance level for TRX is at around $0.17, with the next at $0.18. If the bullish trend continues, TRX could reach these levels, presenting potential opportunities for gains.

2. VeChain (VET) Gains Momentum with 14% Weekly Price Increase

Over the past week, VeChain (VET) has seen a moderate gain, with its price increasing by 14%. Currently trading between $0.0206 and $0.0290, the cryptocurrency shows signs of bullish momentum.

The next resistance level for VET is at around $0.0322. If this level is breached, the price could target the next resistance at around $0.0405, indicating a significant increase.

The 10-day Simple Moving Average is close to the 100-day average, suggesting consolidation. At the same time, the Relative Strength Index is around 46, indicating a neutral market stance. While the MACD is slightly negative, recent gains hint at potential growth ahead.

3. Litecoin Gains Momentum as Bulls Eye Key Resistance Levels

Litecoin is showing strong bullish signs, with prices currently ranging between $68 and $82. Over the past week, it has gained nearly 18%, and the monthly increase is at a similar level.

The Relative Strength Index indicates positive momentum, as the level is above 60, and the MACD is in positive territory. If the price breaks through the nearest resistance at around $87, it could target the next level at around $101, indicating a substantial increase. With technical indicators pointing upwards, Litecoin’s current market setup appears promising.

Conclusion

In summary, TRX, VET, and LTC each offer unique strengths and opportunities for investors and traders during this market pause. Those interested in these cryptocurrencies may find platforms like ChangeNOW to be advantageous for transactions.

The platform enables users to exchange, buy, or sell these coins without incurring any hidden fees and no requirement for registration. This approach enhances security by not storing user funds on the platform. Additionally, ChangeNOW boasts support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, providing flexibility and convenience for all crypto enthusiasts.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.