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Bitcoin has shattered expectations, soaring to an unprecedented $76,000 and sparking a wave of “extreme greed” in the crypto market. This new all-time high has ignited fresh optimism and speculation among investors, many of whom are wondering if the iconic cryptocurrency could be on the fast track to $100,000. Another cryptocurrency attracting attention is Litecoin (LTC), which is heading towards its next resistance level at $80. According to ChangeNOW, a no-registration cryptocurrency exchange, transaction volumes for Bitcoin and Litecoin have increased. The growing transactions suggest investors are accumulating, hinting at future growth for these coins.
Bitcoin Rising Trend Points to Bullish Market Influence
Bitcoin is showing strong upward momentum, currently trading just over $75,000, with a monthly increase of more than 20%. The approaching resistance level around $80,000 could pave the way for a further target near $82,000 if the trend persists. Indicators suggest a bullish influence in the market, with the 10-day simple moving average sitting above the 100-day average and other momentum indicators showing encouraging signals.
For those observing these trends, Bitcoin’s setup suggests potential growth on the horizon. Platforms like ChangeNOW offer a simple, registration-free way to access Bitcoin with no hidden fees, making it an accessible option for entering the market.
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Litecoin Shows Bullish Signs with Potential Upside Ahead
Litecoin is displaying promising bullish signals, trading between $63 and $72 with recent upward movement—about 3% in the past week and 8% over the last month. The Relative Strength Index (RSI) sits around 52, pointing to a stable trend, while a low Stochastic value near 19 suggests the asset may be oversold, which could indicate building bullish momentum. With prices currently above the 100-day moving average at approximately $69, Litecoin may approach its next resistance level around $78 if this trend continues, with a further potential target near $87, representing a possible upside of over 20%.
For those watching these market indicators, Litecoin’s setup hints at positive momentum. ChangeNOW offers an easy, registration-free way to access Litecoin, with no hidden fees for a straightforward transaction experience.
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Conclusion
Bitcoin’s rise to $76K has captivated investors and traders, prompting speculation about a possible climb to $100K. Cryptocurrencies like Litecoin also offer distinct opportunities in this evolving market. For those interested in investing in these coins, ChangeNOW provides an excellent platform for transactions. It allows users to exchange, buy, or sell 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 simplifies the process for everyone.