Chainlink (LINK) and Lunex Network (LNEX) Could Surge to New Highs in the Coming Weeks

With the recent surge in the market, analysts forecast a major altcoin rally could begin in the coming weeks.

Analyst 50_LINK predicts a major altcoin rally in the coming weeks and believes Chainlink (LINK) could pump to $150-$500. In other news, Lunex Network (LNEX) is another potential DeFi coin that could rise to new levels, with a potential price target in the $0.5-1 range.

Analyst 50_LINK is predicting a bright future for Chainlink (LINK) as the “banker’s cryptocurrency,” considering its advanced technology and increasing institutional partnerships. This prediction suggests an upcoming major rally for LINK.

The analyst’s analysis indicates that Chainlink crypto might reach price levels ranging from $150 to $500. Notably, their chart highlights a key resistance level around $21.

Another analyst, Marine, provided a similar forecast, expressing belief that Chainlink coin still has more room to grow. Marine also points out an interesting observation: while many retail traders still think of XRP as the ‘banker’s coin,’ big institutions have actually picked Chainlink for its superior utility and efficiency.

As per Marine’s analysis, $LINK is poised for a 7x rise to $100 as retail traders finally realize the importance of Chainlink in the institutional space. Meanwhile, the Chainlink price is consolidating between $13 and $16 on the weekly timeframe on CoinMarketCap.

Chainlink has seen some corrections during this period. However, the cryptocurrency is still in profits. On the 7-day chart, there is a 6.2% gain. On the 14-day chart, there is a 14.3% increase. In the 30-day timeframe, the cryptocurrency has a 20.2% gain.

Moreover, a majority of Chainlink’s (LINK) technical indicators are displaying bullish signals. The relative strength index is positioned above the midline. Additionally, the VWMA (10) and Hull Moving Average (9) are displaying buy signals, indicating that the bulls may push LINK higher in the coming weeks.

Lunex Network (LNEX) is touted to achieve potential targets of $0.5-1. Having successfully completed its presale with more than $3 million, analysts are predicting an increase of $0.5-1 in its value. Such growth can be attributed to Lunex’s features, which add significant value to the trading process for both traders and investors.

One key aspect that sets Lunex Network apart is its capability for cross-chain trading. Through Lunex, users can transfer and trade over 50 thousand tokens across different blockchains. This integration allows traders to engage with a vast number of assets within a single, convenient platform.

Another major selling point of Lunex is its incredibly low transaction fees and high speed, achieved through the utilization of smart contracts. This eliminates one of the biggest pain points that traders often face, especially during periods of high gas fees that eat into their profits. The DeFi project is therefore ideal for traders who frequently engage in trading activities, as it helps them save a substantial amount of money.

Furthermore, Lunex Network also grabs attention with its revenue-sharing model within the ecosystem, which is centered around the $LNEX token. This token also provides traders with an opportunity to generate passive income through staking.

Lunex also offers a rewards pool of up to an 18% Annual Percentage Yield, where token holders earn from the growth of their investments and the success of Lunex. This feature encourages long-term holding of the tokens, ultimately aligning the interests of the trader and the platform. With the Lunex Network presale still ongoing, its features make it stand out as the new generation DeFi project for users.

Riding the bullish wave, Chainlink (LINK) and Lunex Network (LNEX) could be surging to higher levels in the coming weeks. The potential for LINK to hit $150 and LNEX to trade as high as $1 makes them the best coins to be considering to add to your portfolio right now.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network

Telegram: Join Lunex’s Growing Community