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Cryptocurrency News Articles
Dogecoin (DOGE), Shiba Inu (SHIB), and Lunex Network (LNEX) Are the Best Crypto Investments of This Bull Market
Dec 18, 2024 at 02:45 pm
Dogecoin (DOGE) has been trading in a very tight range since recording a 200% pump, giving many investors concerns.
Dogecoin (DOGE), Shiba Inu (SHIB), and Lunex Network (LNEX) are three cryptocurrencies that have been making waves recently.
After a 400% price pump, Dogecoin (DOGE) price action has consolidated in a month-long sideways channel. However, according to Charting Guy, the DOGE consolidation would be over within the next 10 days. He predicts that these are the last few times investors will be able to buy the Dogecoin token at this price range.
After breaking out of the consolidation, he predicts that the next upward move will take Dogecoin (DOGE) to an ATH.
Shiba Inu (SHIB) has formed a cup and handle pattern on the 4-hour chart. Astekz shared the formation of the bullish pattern, adding that Shiba Inu (SHIB) has parabolic potential from here onward.
CryptoELlTES has also confirmed the confirmation of the bullish pattern. According to the analyst, the Shiba Inu coin could take the stage as $BTC dominance decreases.
CryptoELITES set three sequential targets for Shiba Inu (SHIB) as it moves to complete the cup and handle pattern. The highest target set by CryptoELITES is $0.000472905.
While memecoins are surging, an up-and-coming cryptocurrency that has been quietly rising is the Lunex Network (LNEX) token. Standing out amidst the correction of the crypto market, LNEX has gained over 283%.
The easy-to-use trading experience and the advanced technology of Lunex Network are why LNEX has been on the rise.
Unlike traditional exchanges that are based on order books, Lunex Network uses a liquidity pool model. As a result, trades and swaps are faster, smoother, and cheaper. Lunex Network is the perfect platform in the DeFi space for both seasoned and newbie traders.
Another exciting feature Lunex Network offers is cross-chain for interoperability. Lunex Network connects more than 40+ blockchains for instant, frictionless trading and token swaps. Lunex Network also adjusts real-time value for low slippages.
Finally, Lunex Network is offering APY up to 18% to yield investors with a high yield staking program. Because of these features, there has been huge support for Lunex, with its blockchain ICO pulling in over $5.2 million. This is why analysts are optimistic that LNEX can reach $0.50 in this bull cycle.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Ohio State Representative Derek Merrin (R-Monclova Township) introduced new legislation on December 17, 2024, aimed at authorizing the state treasury to invest in Bitcoin as part of its asset portfolio.
- Dec 18, 2024 at 07:45 pm
- Known as House Bill 703, the “Ohio Bitcoin Reserve Act” seeks to establish a dedicated BTC fund within the state treasury, providing the State Treasurer
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- Is Bitcoin (BTC) Price Correction Imminent? Experts’ Analysis
- Dec 18, 2024 at 07:45 pm
- Market analysts have been talking a lot about Bitcoin’s surge to new highs, lately though, some predict a possible pullback. Two top analysts, Captain Faibik and Crypto Patel, note that even if the trend is still strong, traders may be able to reposition themselves incase of a pullback.