Can SOL and ADA Reclaim Their ATHs by December? Here’s What Analysts Predict for Solana and Cardano!

5 days ago 2
Can SOL and ADA Reclaim Their ATHs by December

ChangeNOW, a service that allows cryptocurrency exchanges without registration, reports a surge in activity for SOL and ADA. This increase suggests that investors are accumulating these coins, hinting at potential future growth.

Solana’s Bullish Momentum Points to Potential Gains Ahead

Solana (SOL) is experiencing strong bullish momentum, with prices currently ranging between $211.69 and $252.67. Over the past month, SOL has gained 58.28%, showing significant growth. The Relative Strength Index is at 68.41, close to overbought levels, and the MACD at 3.932 indicates upward movement. If this trend continues, Solana could test resistance at $267.85 and possibly reach $308.83, representing potential gains of up to 45% from current prices. The technical indicators suggest further growth potential for Solana. The current setup appears favorable for Solana. This coin can be traded on ChangeNOW with no registration and no hidden fees.

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Cardano Gains Momentum with 115% Monthly Increase, Targets New Highs

Cardano (ADA) is experiencing a strong upward trend, with its price jumping 115% this month and 28% this week, now trading between $0.54 and $0.84. The next resistance level is at $0.98; surpassing this could lead to the second resistance at $1.28. The 10-day simple moving average stands above the 100-day average, indicating positive momentum. Technical indicators like the Relative Strength Index near 60 and a positive MACD level suggest continued strength. If the price reaches the first resistance, it would mark a significant increase from current levels. On the back of the positive technical indicators Cardano has come under the spotlight. This coin can be traded on ChangeNOW with no registration and no hidden fees.

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Conclusion

Solana (SOL) and Cardano (ADA) offer distinct opportunities for investors and traders aiming to leverage their unique strengths. Solana’s rapid transaction speeds cater to high-frequency trading needs, while Cardano’s focus on rigorous scientific development promises long-term stability. For those looking to engage with these coins, ChangeNOW serves as an excellent platform. It enables users to exchange, purchase, or sell SOL and ADA without hidden fees or mandatory registration, enhancing security by not storing user funds. Supporting over 900 cryptocurrencies, allowing unlimited transaction volumes, and offering the convenience of buying crypto with a bank card, ChangeNOW makes investing in these promising coins straightforward and accessible.


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