As the anticipated 2025 crypto bull run draws near, choosing the right privacy coin for secure investments is becoming crucial. Monero and Zcash stand out with their strong privacy features. ChangeNOW, a platform for exchanging cryptocurrencies without registration, reports increased transactions for XMR and ZEC. This trend suggests that savvy investors and whales concerned about fund safety are accumulating these coins, indicating potential future growth.
Zcash Shows Potential for Bullish Growth Amid Market Fluctuations
Zcash (ZEC) is currently trading between $38 and $50. Over the past month, its price has increased by about 2%, and in the last six months, it has surged by 62%. The Relative Strength Index (RSI) sits around 55, indicating neutral momentum. The stochastic oscillator is high at 89, suggesting potential upward movement. The nearest resistance level is at $55, with a second at $67. Breaking these levels could signal further growth. The Simple Moving Averages (SMAs) are close, with the 10-day at $38 and the 100-day at $40, showing consolidation.
The current market conditions seem favorable for those interested in Zcash, which can be obtained on ChangeNOW without registration and no hidden fees.
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Monero's Price Holds Steady Above Averages, Bulls Eye $174 Resistance
Monero is trading between $155 and $168, staying above its 10-day and 100-day simple moving averages of $146 and $151. The price decline of nearly 11% over the past week hasn't pushed it below key support at $149. With the nearest resistance at $174, a move to this level would be a gain of about 12%. The stochastic indicator is close to oversold territory at 20, suggesting a possible bullish reversal. Despite the negative MACD, the overall setup indicates potential growth.
This could be an opportunity to consider Monero, which is available on ChangeNOW without registration or hidden fees.
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Conclusion
Monero and Zcash present unique opportunities for investors and traders interested in privacy-focused cryptocurrencies. Monero offers complete anonymity through its advanced cryptographic methods, ensuring untraceable transactions. Zcash provides optional privacy features, allowing users to choose between transparent and shielded transactions. For those looking to invest in these coins, ChangeNOW is an excellent platform. It enables users to exchange, buy, or sell Monero and Zcash without hidden fees or the need for registration. This enhances security, as the platform does not store user funds. With support for over 900 cryptocurrencies, no limits on transaction amounts, and the option to purchase crypto using a bank card, ChangeNOW offers a convenient and secure way to engage with the crypto market.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
