TRON (TRX) vs. VeChain (VET) vs. Litecoin (LTC): Which Altcoin Is Poised for a December Breakout? | Coinspeaker
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TRON (TRX) vs. VeChain (VET) vs. Litecoin (LTC): Which Altcoin Is Poised for a December Breakout?

December 16th, 2024 at 5:10 pm UTC · 3 mins read

TRON (TRX) vs. VeChain (VET) vs. Litecoin (LTC): Which Altcoin Is Poised for a December Breakout?
Photo: ChangeNOW

/ChangeNOW/ – As December nears, investors are eyeing TRON, VeChain, and Litecoin for potential strong movements. Transaction volumes for these coins have risen, according to ChangeNOW. This platform allows cryptocurrency exchanges without registration, attracting savvy investors and large holders concerned about fund safety. The surge in transactions suggests that investors are accumulating, indicating these coins might grow in the coming future.

TRON’s Price Movement Signals Potential Amid Market Fluctuations

TRON (TRX) is trading between $0.24 and $0.33. After a dip of over 12% this week, it still boasts a gain of nearly 46% in the past month and over 140% in six months. The nearest resistance level is at $0.37, with support at $0.19. The Relative Strength Index is around 42, suggesting the asset is nearing oversold conditions. The stochastic oscillator is about 14, supporting this view. Trading near its 10-day moving average of $0.28 and just below the 100-day average of $0.29, there’s room for upward movement.

This setup may attract those interested in TRON, which can be purchased on ChangeNOW with no registration and no hidden fees.

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VeChain’s Momentum Signals Opportunity: Oversold Levels Could Propel a Breakout

VeChain’s price currently ranges between $0.0500 and $0.0692, after a recent dip of 20% over the last week. Despite this, the token has surged over 115% in the past month, indicating strong overall momentum. The Relative Strength Index sits at 43, suggesting it’s nearing oversold territory, while the Stochastic at around 6 confirms this outlook. The nearest resistance level is at $0.0790; breaking through could see VET target the next resistance at $0.0982. With the Simple Moving Averages for 10 and 100 days close at $0.0557 and $0.0583, the price is aligning favorably.

This setup hints at a promising opportunity for VeChain, available on ChangeNOW with no registration and no hidden fees.

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Litecoin Nearing Oversold Territory: A Potential 15% Upside with Favorable Market Indicators

Litecoin’s price currently ranges between $103 and $136.79, showing a recent dip with a 1-week change of -13.59%. However, over the past month, it has risen by nearly 40%, and over 6 months, by over 60%. The Relative Strength Index is at 40.49, and the Stochastic is 18.92, both suggesting the coin is approaching oversold territory. The nearest support level is $85.33, and resistance is at $152. If bullish momentum returns, Litecoin could reach this resistance, offering potential growth of around 15%.

With these indicators pointing towards a positive outlook, the current setup appears favorable for Litecoin, which can be purchased on ChangeNOW with no registration and no hidden fees.

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Conclusion

Each of these cryptocurrencies presents unique opportunities. TRON offers a platform for decentralized applications and content sharing, attracting developers and users. VeChain focuses on enhancing supply chain management through blockchain, appealing to businesses seeking transparency. Litecoin provides faster transactions and lower fees, making it a practical choice for everyday payments. For those considering investing in TRX, VET, or LTC, ChangeNOW offers an excellent platform to facilitate these transactions. It allows users to exchange, buy, or sell these coins without hidden fees or registration, enhancing security by not storing user funds. With support for over 900 cryptocurrencies, no limits on transaction amounts, and the option to purchase crypto using a bank card, ChangeNOW simplifies the investment process.

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