An analyst called Trader Tardigrade believes the Dogecoin (DOGE) price may drop to $0.3 before surging to $3. Similarly, another expert opines that the Pepe (PEPE) token may surge to $0.000032 in the next couple of months.
Meanwhile, Lunex Network is now ranked among the best ICO projects in the market. It has raised over $3.1 million, while the LNEX token has increased by more than 150%. Analysts say it may give investors up to 10x returns.
Will Dogecoin (DOGE) Price Drop?
This memecoin has given investors more than 200% of profit recently. At the time of this writing, the Dogecoin crypto is above the $0.4 mark. On the 7-day chart on CoinMarketCap, it has a 16.5% increase. It appears the meme coin has turned it into a support level.
With such aid, the Dogecoin price could reach $1 in the coming weeks. However, Trader Tardigrade believes a pullback could happen soon. They expect the value of the Dogecoin token to drop to $0.3 before it rises to $3.
According to Tardigrade, the same scenario played out in 2017/2018 before a massive price pump followed. The sentiment around the Dogecoin crypto is bullish presently.
The relative strength index has climbed over 70 and is back in the overbought region. The Fear and Greed Index still remains above 80, which is the Extreme Greed region.
Pepe (PEPE) Battles With Major Barrier
The Pepe coin is another meme token that has shown potential in the last few weeks. Data from CoinMarketCap shows the value of Pepe (PEPE) has risen by 123.2% in the monthly chart.
However, it has dropped 4% in the 7-day timeframe. The coin is having a tough time crossing the resistance at $0.0000220. Analysts say crossing this mark could push the Pepe price to new levels.
AlejandroBTC said the value of the memecoin may pump to a new all-time high soon. He posted a chart that showed the Pepe crypto crossing the $0.0000320 level. Another analyst called Crypto Candy re-echoed the same forecast.
Their chart showed the token crossing $0.0000300. Looking ahead, most of Pepe’s (PEPE) technical indicators are bullish. The relative strength index is above the midline. The Hull Moving Average (9) is also displaying a buy signal.
Lunex Network (LNEX) Picked for 10x Rally
Following its increase of more than 150%, the LNEX token now trades at $0.0031. The DeFi project has already set a milestone by raising more than $3.1 million during the presale alone. Pundits suggest that $LNEX could rise in value by 10x before the platform even goes live.
Lunex allows traders to swap over 50,000 assets across various blockchains. This feature eliminates the need to use several platforms to trade with ease. To traders, this will provide flexibility and versatility in managing multiple portfolios, hence making Lunex a complete DeFi space.
Lunex also ensures privacy through its no-KYC policy as well. While many trading platforms demand a user to reveal their identity, Lunex provides anonymity to its users to trade assets. This makes onboarding faster and is attractive to users who may prefer their financial transactions not to be exposed to the general public.
In addition to this, Lunex has staking rewards of up to 18% APY for anyone who stakes the $LNEX tokens. This gives a good return on capital and encourages people to stay active for long periods. Lunex Network has had a successful presale and is implementing unique features that will help it to compete for domination in the DeFi market.
In Conclusion
Dogecoin (DOGE) and Pepe (PEPE) have come to a crossroads. Their movements in the coming days could affect their future price trajectory. Meanwhile, the best crypto to invest in now for potential 10x gains is Lunex Network. Analysts say its low market and successful presale make it a good candidate for such growth.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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