Trump’s U.S. Election Victory Fuels Altcoin Rally: How High Can Litecoin and Tron Go?

Altcoins like Litecoin (LTC) and Tron (TRX) are riding the wave of renewed market confidence, with bullish trends signaling the potential for massive gains. Data from ChangeNOW, a cryptocurrency exchange service that requires no registration, reveals increased transaction volumes for these coins. This growth suggests that savvy investors and large holders concerned about fund safety are accumulating Litecoin (LTC) and Tron (TRX), indicating possible future growth.

Litecoin Gains Over 12% in a Week, Bulls Eyeing Higher Levels

Litecoin has gained over 12% in the past week, with its price now ranging between $73.24 and $99.82. The recent uptick suggests bullish momentum as buyers push towards the nearest resistance level at $112. Reaching this point could mean a potential increase of around 30% from current prices. The 10-day simple moving average is $86.07, slightly below the 100-day average of $89.12, indicating a possible upward trend. Stochastic levels are high at 77.91, hinting at strong market interest. With support solidifying at $59.32, the downside appears limited. The current market setup seems favorable for those considering Litecoin, which is available on ChangeNOW without registration and hidden fees.

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TRON Price Analysis: Bulls Eye Resistance Levels as Momentum Builds

TRON (TRX) is currently trading in the range of $0.17 to $0.22, showing steady movement. The nearest resistance level is at $0.23, with support at $0.15. Over the past month, TRX has seen a price increase of 26%, and a significant 72% rise over six months. The Relative Strength Index stands at 43.91, indicating the market is not overbought. The Stochastic oscillator is at 65.74, suggesting potential upward momentum. If TRX breaks the $0.23 resistance, it could target the next level at $0.27, which would represent a potential increase of around 22%. The Simple Moving Averages over 10 and 100 days both sit at $0.20, showing price stability. Given the current indicators, TRON could see a strong upward trend in the nearest term. This coin is availble on ChangeNOW with no registration and no hidden fees.

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Conclusion

Litecoin and Tron offer unique opportunities for investors and traders seeking to tap into current market dynamics. Their individual strengths and increasing adoption make them appealing choices. For those looking to invest in these cryptocurrencies, ChangeNOW provides an excellent platform for transactions. It enables users to exchange, buy, or sell these coins without hidden fees or the need for registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW makes engaging with the crypto market convenient and secure.

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