With Bitcoin (BTC) closing in on a new all-time high, all attention has turned to the top altcoin, Ethereum (ETH). While ETH has underperformed BTC, Ali Martinez has shared a chart that suggests it could rally to $6k soon.
Also, Chainlink (LINK) and Lunex Network (LNEX) are top crypto coins looking ready for a breakout rally. While LNEX is forming patterns that could lead to a 10x rally, GetGreenCrypto has predicted that LINK could rally to $21.67 soon.
Ethereum (ETH) Could Soar To $6k, Says Ali Martinez
The market is showing positive sentiment this week as Ethereum (ETH) soared past the $2,500 mark. The cryptocurrency currently has profits of 3% on the weekly timeframe and 2% on the monthly level, according to CoinMarketCap.
The Hull Moving Average (9) is currently bullish, which means bulls are in control. If the uptrend continues, the Ethereum crypto could soar past the resistance at the 200-SMA ($2,972.23).
Reacting to the bullish Ethereum price movement in the past week, Ali Martinez shared a bullish forecast on X. He noted the altcoin is trading a rising channel pattern and has remained above the $2,400 support level.
According to him, the Ethereum coin could soar to the upper part of the channel at around $6,000. Other experts like DaCryptoGeneral are still bullish about Ethereum (ETH) but give a lower forecast of $4k.
Chainlink (LINK) Forming a Symmetrical Triangle, Could Rally To $22.50
Crypto trader GetGreenCrypto is bullish about Chainlink (LINK). He explained that the Chainlink coin price could form a symmetrical triangle soon.
An upward symmetrical triangle breakout is deemed a bullish pattern that could lead to a major price soon. Leveraging on this, GetGreenCrypto shared a chart that showed the Chainlink token rallying to $22.50 after a symmetrical triangle breakout.
Another cryptocurrency enthusiast, MarchandCorne, shares the same sentiment. Based on his analysis, the Chainlink price could rise to $21.67 by Q1 2025.
Chainlink (LINK) has been gaining momentum, rising from a weekly low of $10.75 to a high of $12, according to CoinMarketCap. LINK is between the 50-SMA at $11.32 and the 200-SMA at $13.07. The Hull Moving Average (9) is also in the buy territory, so there may be an upward movement soon.
Investors Jump on Lunex Network (LNEX) Presale Ahead of Huge Price Pump
Lunex Network (LNEX) is already gaining momentum in the crypto market with its multi-chain trading platform. It allows traders to swap more than 50,000 coins on different blockchains with one tap. It is one of the most convenient and effective platforms for cryptocurrency enthusiasts who want fast and cheap token swaps.
Also, Lunex Network is building a comprehensive ecosystem that helps large enterprises accept crypto payments through a merchant payment gateway. This capability is a seamless path for companies to onboard crypto. The Lunex ecosystem has its own token, which is called LNEX. LNEX is the native token of the platform, which is used for transactions and staking, merchants, and lots more.
Lunex Network is currently in the fifth presale stage and is priced at $0.0019 per coin. Being a project that could transform the $36.5 billion crypto trading platform market, LNEX is considered one of the best cryptos to invest in. Analysts forecast the value of Lunex Network could soar by 1000% in the coming months.
Final Words
As Ethereum (ETH) targets a price of $6K, both Chainlink (LINK) and Lunex Network are on a new uptrend. As Lunex Network lives up to its full potential, it could be one of the top DeFi projects in the crypto market.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.