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January 19, 2025 by Vaigha Varghese
Amid shifts in the crypto market, the OFFICIAL TRUMP token has grabbed significant attention. Its sudden popularity raises questions about whether established coins like Solana (SOL), Cardano (ADA), and Cosmos (ATOM) will get a boost after the weekend. Investors are watching to see if these cryptocurrencies will ride the wave of increased activity. ChangeNOW reports that transaction volumes for TRUMP, ADA, SOL, and ATOM have risen, indicating growing investor interest.
Bullish Momentum Propels OFFICIAL TRUMP (TRUMP) to New Heights
OFFICIAL TRUMP (TRUMP) has experienced a significant surge in price recently. Over the past 24 hours, its value ranged from $4.29 to $32.61, indicating strong upward movement. Over the last few days, the price fluctuated between $6.54 and $32.13. TRUMP has already soared by over 500% and continues its bullish pattern. With a market cap exceeding $5 billion and a 24-hour trading volume surpassing $10 billion, bullish trends are influencing the market. Current momentum suggests the potential for further growth in OFFICIAL TRUMP (TRUMP), and it could reach new highs following a potential Binance listing.
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Cardano Gains 14%, Eyes Next Resistance at $1.27 Amid Bullish Signs
Cardano’s price increased by 14% in the past week, reaching $0.85 to $1.12. This suggests bulls are gaining momentum. The Stochastic indicator at 17.80 shows oversold conditions, potentially leading to further growth. The next resistance levels are $1.27 and $1.54; breaking these could push the price higher. The six-month price change of 137% highlights strong long-term growth. With both the 10-day and 100-day simple moving averages at $1.07, the trend appears favorable. The current setup seems positive for purchasing Cardano, which can be done on ChangeNOW with no registration and no hidden fees.
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Solana Gains Momentum as Bulls Drive Prices Higher
Solana (SOL) has seen a significant upward movement, with its price climbing over 31% in the past week and more than 19% in the past month. Currently trading between $172 and $213, SOL is showing bullish signs. The Relative Strength Index is around 61, suggesting strong buying pressure. If the price breaks above the nearest resistance level at $238, it could target the next resistance at $280, potentially increasing by over 30% from current levels. Technical indicators like a positive MACD of 7.738 support this optimistic outlook. Overall, market trends indicate that bulls are currently influencing Solana’s price movement.
Cosmos (ATOM) Nears Support Levels Amid Bearish Trends, Potential for Rebound?
Cosmos (ATOM) is currently trading between $6 and $7, reflecting a recent decline of nearly 15% over the past month. The price hovers around its 10-day and 100-day moving average of $6.61, indicating consolidation. With an RSI of 38.42 and a Stochastic of 7.8, the market shows signs of being oversold, suggesting potential for a bullish reversal. The nearest support level is at $5.21, while resistance lies at $8.40. If momentum shifts favorably, ATOM could target the $8.40 resistance, representing an approximate 25% increase from current levels. Traders are watching closely to see if bulls will regain control in the coming weeks.
Conclusion
TRUMP’s surge has captured market attention, potentially opening opportunities for SOL, ADA, and ATOM to gain traction in the coming days. Each of these cryptocurrencies offers unique potential for investors and traders seeking to diversify their portfolios. For those interested in these coins, ChangeNOW provides an ideal platform for transactions. It enables users to exchange, buy, or sell these cryptocurrencies 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 offers a convenient and secure way to engage with the crypto market.
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