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VeChain (VET) and Litecoin (LTC) Emerge as Standout Crypto Contenders

Patricia Arquette
Release: 2024-11-10 01:22:11
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Following Trump’s victory, the crypto market is riding a fresh wave of excitement, with Bitcoin and Ethereum stealing the spotlight.

VeChain (VET) and Litecoin (LTC) Emerge as Standout Crypto Contenders

As the dust settles following Trump's victory, the crypto market is riding a fresh wave of excitement, with Bitcoin and Ethereum stealing the spotlight. However, savvy investors are turning their attention to other strong contenders ready to capitalize on the post-election momentum. Among them, VeChain (VET) and Litecoin (LTC) are both showing robust upward trends, emerging as standout players with promising paths to new highs.

A platform for exchanging cryptocurrencies without registration, ChangeNOW reports increased transaction volumes for these coins, especially among savvy investors and large holders who are using ChangeNOW due to its fund safety measures. This growth also suggests that investors are accumulating these assets, hinting at future gains.

VeChain Shows Signs of Reversal Amid Oversold Conditions

VeChain is trading within a narrow price range, showing signs of consolidation after recent declines. The cryptocurrency has been in a bearish phase, with a noticeable drop over the past six months. But, technical indicators may be suggesting a possible shift.

The stochastic oscillator is at a low level, indicating oversold conditions that may precede an upward move. If bullish momentum builds, VeChain could test its nearest resistance level around $0.025, potentially achieving a significant percentage increase from its current price.

For those monitoring this potential reversal, VeChain's setup could indicate a favorable entry point. Platforms like ChangeNOW provide a straightforward way to acquire VeChain with no registration or hidden fees, offering an easy path for users to engage in the market.

ChangeNOW – Swap Crypto Simple, Fast, Free of Custody

Litecoin Shows Bullish Signs with Potential Upside Ahead

Litecoin is displaying promising bullish signals, trading between $63 and $72 with recent upward movement — about 3% in the past week and 8% over the last month. The Relative Strength Index (RSI) sits around 52, pointing to a stable trend, while a low Stochastic value near 19 suggests the asset may be oversold, which could indicate building bullish momentum.

With prices currently above the 100-day moving average at approximately $69, Litecoin may approach its next resistance level around $78 if this trend continues, with a further potential target near $87, representing a possible upside of over 20%.

For those watching these market indicators, Litecoin's setup hints at positive momentum. ChangeNOW offers an easy, registration-free way to access Litecoin, with no hidden fees for a straightforward transaction experience.

ChangeNOW – Swap Crypto Simple, Fast, Free of Custody

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