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Litecoin (LTC) Gains Over 13% in a Week: Bulls May Be Taking the Lead

Mary-Kate Olsen
Mary-Kate OlsenOriginal
2024-10-19 18:26:23793browse

Litecoin (LTC) has seen its price climb between $62 and $67 recently, marking an impressive weekly gain of over 13%.

Litecoin (LTC) Gains Over 13% in a Week: Bulls May Be Taking the Lead

Cryptocurrency markets have seen varied movements this week, with some coins experiencing significant gains while others faced slight declines. Among the top gainers, Litecoin (LTC) and Tron (TRX) stood out with notable price increases and technical indicators suggesting potential for further growth.

Litecoin (LTC) Gains Over 13% in a Week: Bulls May Be Taking the Lead

LTC price has seen a remarkable surge over the past seven days, with a price movement of over 13%. The coin recently traded within a range of $62 to $67, showcasing a substantial gain.

Technical indicators are hinting at a positive outlook for Litecoin. The Relative Strength Index (RSI) stands at 56, indicating growing bullish momentum. A breakout from the current price levels could lead to a rally toward the next resistance at $70. A sustained rally may open up possibilities for further price appreciation toward the next resistance around $75, presenting opportunities for those looking to purchase Litecoin at lower price points.

Those interested in purchasing Litecoin can do so on platforms like ChangeNOW, which offers quick transactions without the need for registration or hidden fees. Users can easily buy LTC with a bank card or crypto balance on ChangeNOW.

TRON (TRX) Shows Signs of Steady Growth Amid Mild Bullish Momentum

TRX price has also seen a gradual increase over the past six months, showing promising growth of around 43%. The coin recently traded within a range of $0.1561 and $0.1664, presenting an opportunity for those interested in purchasing TRON.

Technical indicators are suggesting potential for further growth. With the 10-day and 100-day simple moving averages close to each other, the price may find stability at these levels. Breaking through the first resistance at $0.1704 could lead the price toward the next target around $0.1807.

Bullish momentum is evident, with a recent growth of over 6% in the past 30 days. Those interested in purchasing TRON can do so on platforms like ChangeNOW, which offers quick transactions without the need for registration or hidden fees. Users can easily buy TRX with a bank card or crypto balance on ChangeNOW.

Conclusion

Both Litecoin and Tron present distinct opportunities for traders and investors. Litecoin is renowned for its stability and transaction speed, making it an appealing choice for those seeking a reliable coin. On the other hand, Tron is recognized for its focus on entertainment and content sharing, appealing to users seeking innovation in these fields.

For those interested in investing, platforms like ChangeNOW offer a superb solution. It allows users to purchase Litecoin and Tron without the hassle of hidden fees or registration processes. Moreover, users can enjoy heightened security, as the platform does not store funds.

ChangeNOW also supports over 900 cryptocurrencies with no transaction limits. Users can make transactions using a bank card, making it a convenient choice for cryptocurrency enthusiasts.

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