December speculation rises as investors accumulate Bitcoin and Ethereum on ChangeNOW, hinting at potential growth amidst the altcoin vs. Bitcoin dominance debate.
December brings speculation: will Altcoins surge or will Bitcoin keep its ChangeNOW, a registration-free cryptocurrency exchange, has seen increased transaction volumes for Bitcoin and Ethereum.
Savvy investors and large holders concerned about fund safety are turning to this service. The rise in transactions suggests investors are accumulating, possibly leading to future growth for these coins.
Bitcoin Targets Next Resistance as Bulls Propel Price Toward New Highs
Bitcoin is currently trading between $97,669 and $98,716, showing strong momentum. Over the past month, its price jumped over 33%, and in six months, it gained more than 43%.
The bulls seem to be in control, pushing the price close to the nearest resistance level at $105,541. If this level is surpassed, Bitcoin could target the next resistance at $115,588, representing a potential increase of around 10%. The Relative Strength Index is above 60, indicating positive sentiment, and the MACD is in positive territory.
With the current market setup, it might be an opportune time for those considering purchasing Bitcoin, which can be done on ChangeNOW with no registration and no hidden fees.
Ethereum Exhibits Bullish Momentum as Prices Rise
Ethereum is trading between $3395 and $3596, indicating a potential bullish trend. Over the past week, the price increased by 6.78%, and over the past month, it surged by 36.08%.
The Relative Strength Index stands at 53.75, and the Stochastic indicator is at 65.90, both suggesting upward momentum. The 10-day Simple Moving Average of $3576.74 is slightly above the 100-day average of $3489.55, hinting at continued growth.
If Ethereum surpasses the nearest resistance level at $3770, it could aim for the next resistance at $4242, representing a possible increase of around 20%. The current market indicators reflect a bullish influence on Ethereum’s price movement.
Conclusion
December offers fresh opportunities for Bitcoin and Ethereum investors and traders. ChangeNOW provides a convenient platform for trading over 900 cryptocurrencies without hidden fees or registration, ensuring security and flexibility. Additionally, purchasing crypto with a bank card is straightforward on ChangeNOW https://changenow.io/buy/ethereum.
