Bitcoin Rally Toward $100,000 Sparks Altcoin Momentum, Experts Eye Major Gains for Avalanche, Sui, and Lunex Network in Coming Cycle

The crypto market is entering an exciting phase, primarily due to Bitcoin's latest surge which has helped the altcoins to emerge from the shadows.

Bitcoin’s latest surge in the market has helped propel altcoins to gain more attention, especially among investors who are looking for the next big cryptocurrency to add to their portfolios. While Bitcoin’s price movements are certainly impactful, altcoins have their own unique trajectories that could lead to substantial gains.

In this line of thought, several promising altcoins have been identified by experts, who anticipate remarkable growth for these digital assets. Among them are Avalanche (AVAX), Sui (SUI), and Lunex Network (LNEX). Here’s a closer look at each cryptocurrency and what analysts are saying about them.

Avalanche (AVAX) price analysis: up to $50, $200 in sight

Avalanche has shown strength in the past seven days, with a bullish price movement that saw the cryptocurrency cross multiple resistance levels to reach the $30 mark. Despite a slight correction, AVAX still boasts impressive gains of 23.0% on the weekly timeframe.

The DeFi cryptocurrency also shows bullish signs on the higher timeframes. Looking ahead, several analysts are bullish on AVAX. Among them is Kaleo, who took to X lately to share an optimistic Avalanche price prediction.

The analyst sees the token price reaching $50 in the next two days. Another analyst who gave a similar forecast is Giray, who predicts the Avalanche token to trade at $45.60 soon.

On the other hand, Grronk gave a long-term price target for Avalanche, with the analyst predicting the coin to reach $130 sooner than we think. According to him, the cryptocurrency could reach $200 this cycle.

Sui (SUI) might pump to $17 – Alex Clay

In a recent tweet, top analyst Alex Clay had some interesting things to say about Sui, arguing that the Sui coin might be a top performer this cycle.

Alex Clay posted a chart that showed the value of the cryptocurrency reaching $17. Another analyst, JoshuaOrhue, predicts the value of Sui may pump to $15.

Another analysis by Astekz gave a more conservative forecast, predicting the Sui price to reach $4. In the meantime, the altcoin is showing profits of 38.3% on the weekly timeframe, as per CoinMarketCap’s data.

The altcoin’s 14-day RSI is in the overbought region, which is a bullish sign supporting more upward price movement. Meanwhile, the Sui network is witnessing massive adoption, with Torero Romero noting that its DEX volume hit $28 billion, which is three times the volume of Aptos.

Lunex Network could see 18x rally this bull cycle

Lunex Network is a DeFi project that offers multiple features aimed at helping its users navigate the cryptocurrency environment. At the moment, Lunex Network is still in the presale stage, and it has attracted a lot of attention; the LNEX token cost is $0.0021.

This early phase has already attracted more than $2.2 million from investors. Experts forecast a rally of 18x this cycle.

Another important feature of Lunex is actually its compatibility with various blockchains, as it allows trading of over 50,000 assets across different blockchains.

It saves the traders from the problem of having many wallets or trading platforms, thus making Lunex a go-to platform for those interested in trading different assets without the need to manage several platforms.

Due to the provision of cross-chain trading, Lunex is targeting users who need convenience and accessibility in the DeFi space. In combination with cross-chain services and attractive presale, Lunex is an excellent choice for those who want to plunge into the DeFi market.

To learn more about Lunex Network, visit the website and join Lunex’s growing community.