There are lots of bullish predictions in the market right now. A top expert says the value of Solana (SOL) could reach $780 soon. Another DeFi enthusiast has likened Lunex Network (LNEX) to Ripple (XRP).
They believe Lunex Network (LNEX) has the potential to mirror its price rally to $1 in the coming months. Lunex Network is currently in the presale phase, where it has given early investors more than 110% gains.
Ripple (XRP) Still Trades Above Key Level Despite Correction
Ripple (XRP) has enjoyed some of the highest gains in the last couple of weeks and is leading some of the best altcoins in the market. Currently, CoinMarketCap shows Ripple has moved up by more than 100% from its lowest point this month.
Many experts opine that the Ripple coin may continue to increase in price in the near future. Armando Pantoja believes Gensler’s exit will bring more positive sentiment to the cryptocurrency. He also pointed out that the Ripple token could see a major bullish breakout based on the Elliot Wave pattern.
The prospective values as targets are $1.33 and $1.88. If the rally continues, according to Pantoja, the Ripple price may skyrocket and reach a new all-time high above $3.84.
All the technical indicators of the XRP altcoin are bullish as per the current situation. The relative strength index has crossed 80, which is considered a bullish signal. The VWMA (10) and Hull Moving Average (9) are also showing buy signals.
Solana (SOL) Price Targets New Highs
Miles Deutscher has posted a bullish forecast for Solana (SOL). The analyst believes the altcoin is following the exact same pattern from 2021. According to him, this pattern could push the value of the Solana crypto to a new peak of $780.
Interestingly, the coin has put up a good performance in November. Per data from CoinMarketCap, the Solana price has increased from a monthly low of $160 to a peak of $240.
Although there has been some volatility these past few days, investors have remained bullish. They believe a new ATH is on the way.
At the moment, the Solana price is showing gains of more than 50% on the monthly price chart. The positive signals from the relative strength index mean that bulls could take SOL to higher levels in the next few days.
Lunex Network (LNEX) Introduces Massive Rewards To Traders
Lunex Network (LNEX) is reshaping the DeFi market with two features: cross-chain trading and staking rewards. Lunex Network enables users to swap more than 50,000 cryptocurrencies across various blockchains with great ease. Also, Lunex is a fast and cheap platform.
To $LNEX token holders, Lunex has the best staking rates of up to 18% APY. This feature allows the users to start earning passive income without having to do anything more than just hold and stake their tokens on the platform.
This is made more effective by Lunex’s revenue-sharing model through which token holders are paid a proportion of the platform’s income. Besides, these benefits do not only encourage users to use the platform but also ensure the community enjoys the success of the platform.
Lunex Network is in the presale stage. Its $LNEX token is trading for $0.0026. The project has already almost $3 million in funding. The amount could rise to $5 million before the end of this year. Analysts believe LNEX could reach $1 by the first quarter of 2025. They have tagged it as the best crypto to buy now.
Final Words
The Solana coin has risen to new levels in the past few weeks. Investors are expecting more gains in the future. Meanwhile, analysts believe Lunex Network could reach the $1 mark soon based on its alluring features, high APY, and perfect positioning in the crypto exchange market. Investors who are looking for the best cryptocurrency to buy can consider Lunex Network.
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.
