KAS and ZEC Struggle During the Crypto Boom—What Should Investors Do Next?

17 hours ago 2
ARTICLE AD BOX

As the cryptocurrency market experiences significant gains, coins like KAS and ZEC are not matching the upward trend. Investors are evaluating their options as these assets lag behind. According to ChangeNOW, a service for exchanging cryptocurrencies without registration, transaction volumes for ZEC and KAS have grown. This suggests that savvy investors and large holders concerned about fund safety are accumulating these coins, indicating potential for future growth.

Zcash Gains Momentum as Bulls Eye Key Resistance Levels

Source: ChangeNOW

Zcash (ZEC) is showing strong signs of bullish momentum. Over the past six months, its price has increased by more than 100%. In the last week alone, it has risen by about 22%. Currently trading between $42.89 and $59.90, ZEC is approaching its nearest resistance level at $67. The 10-day Simple Moving Average is above the 100-day average, indicating an upward trend. If this momentum continues, ZEC could reach the next resistance level at $84.22, which would be a significant increase from current prices. 

With these positive indicators, the current setup appears favorable for purchasing Zcash, which can be done on ChangeNOW with no registration and no hidden fees.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

Kaspa’s Price Climbs 34% This Month: Bulls Eye Higher Resistance Levels

Source: ChangeNOW

Kaspa (KAS) is trading between $0.14 and $0.17, marking a 34% rise over the past month. The price is nearing the first resistance level at $0.19, with the next target at $0.22. Both the 10-day and 100-day Simple Moving Averages stand at $0.15, indicating a steady upward trend. The Relative Strength Index is at 54, suggesting moderate buying pressure, while a positive MACD level points to bullish momentum. If the price remains above the support level of $0.12, further gains could be on the horizon. 

Some traders might find the current conditions favorable for acquiring Kaspa, which is available on ChangeNOW without registration or hidden fees.

>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<

Conclusion

In conclusion, despite the challenges facing KAS and ZEC during the current crypto surge, they still offer unique opportunities for investors. ZEC provides privacy-focused transactions, appealing to those who prioritize anonymity. For those interested in investing or trading these cryptocurrencies, ChangeNOW is an excellent platform. It allows users to exchange, buy, or sell these coins 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 seamless and secure trading experience.

Read Entire Article