Chainlink’s partnership with Coinbase’s Project Diamond aims to deliver essential data and enable comprehensive lifecycle management of the newly tokenized assets on the platform. This move could propel an upward trend in Chainlink’s price movement, which has dipped by over 7% in a week.
Similarly, Bonk’s price has dropped over 10% in a week. The price stopped at the 50-day SMA, now a key support level. Lunex Network, on the other hand, continues to enjoy a bullish outlook, surging by over 283% to $0.0046. This impressive gain has seen the project raise over $5.2 million in revenue as investors anticipate more gains before the year ends.
Lunex Network Surges By Over 283%
Lunex Network presale continues to create more excitement by providing exceptional privacy and security. Each transaction in Lunex Network will be safely executed on-chain without the need for personal information. This will allow traders to confidently engage in trading activities, knowing their investments are secure.
However, this is not all. Lunex Network employs an aggregator protocol, procuring liquidity from many exchanges and guaranteeing optimal pricing. This function helps enhance the trading efficiency and fluidity of both seasoned and novice traders in the crypto market. It also delivers sophisticated analytics directly to data enthusiasts.
By utilizing real-time data and predictive market research, Lunex Network will provide its traders with the needed skills to make the best choices. These features have already made Lunex Network stand out, with a presale revenue of over $5.2 million, the LNEX price has recorded an impressive gain, with an over 283% surge to $0.0046.
Chainlink Price Prediction: Will LINK Partnership with Coinbase Lead to A Bullish Outlook?
Chainlink’s collaboration with Coinbase will enable financial institutions to utilize verifiable data via LINK, enhancing their operations. This move could help Chainlink regain a bullish outlook following its recent bearish structure, which has seen LINK’s price lose key support regions and hover around the $20 level.
Moreover, Chainlink’s technical indicators are starting to show a positive sign, pointing out the possibility of a significant price surge. The RSI at 57 stands at a neutral position, signaling the potential of an upward movement before entering overbought conditions. For Chainlink’s price to regain upward momentum, it must break from the upper resistance line of the ascending triangle pattern at $27.
Breaking past this resistance level could lead to a 30% rally, with short-term targets around the $33 region. Despite a dip in Chainlink’s trading volume, its recent developments and partnerships might lead to a surge in trading volume, aiming to regain lost support levels for a significant breakout.
BONK Price Plummets to Critical Zone
The recent dip in Bonk’s price has seen the token rely on the 50-day SMA for support. However, according to previous price movements for Bonk, the $0.000035 level has been critical. Historically, this level has served as a resistance zone where Bonk’s price has struggled to break through. This means that the level could be a crucial support for Bonk, making it a significant level for traders to monitor.
Moreover, the Fibonacci retracement tool suggests Bonk is within the buying zone. This indicates that Bonk’s price could bounce around the $0.000036 region, aligning with strong technical indicators. If traders start to accumulate, Bonk’s price performance might see a potential recovery from this level.
However, if Bonk fails to hold above $0.000035, it might lead to further dips reaching the $0.000031 and $0.000027 regions. The RSI is also below the median line, suggesting weaker momentum in Bonk’s market. The current price of Bonk presents an interesting buying opportunity, as the token aims to regain a bullish outlook in the coming days.
Lunex Network Shines As Link and Bonk Make Waves
Lunex Network is stealing the show as Chainlink and Bonk record poor price performance. Its cutting-edge features and unique reward systems for token holders make it the right token for investors looking to cash in big once the LNEX token is officially launched. Moreover, Lunex Network also aims to capitalize on the ever-growing DeFi market, making it a game-changing project.
Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!
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