Donald Trump's Win in the 2024 US Elections Has Tipped the Crypto Market up for a Bullish Breakout

Apart from the latest pump, analysts have predicted that tokens such as Binance Coin (BNB) and Avalanche (AVAX) may hit new all-time highs.

Donald Trump’s victory in the 2024 US elections has had a bullish effect on the crypto market, leading to a potential breakout. While the market saw a slight downturn in the past 24 hours, some tokens, including Binance Coin (BNB) and Avalanche (AVAX), have shown resilience.

BNB price surged by over 4% in the past 24 hours, reaching a high of $584. However, the token later corrected and was trading at $578 at the time of writing. Despite the correction, BNB price remained above a key resistance level at $575.

If BNB price continues to hold above this level, it could pave the way for further gains in the coming days. Some analysts are optimistic about BNB price and believe that the token could rally by up to 650% from its current price.

Meanwhile, AVAX price also showed signs of slowing down after surging by over 10% on Monday. However, the token price remained above a key support level at $25.

If AVAX price continues to trade above this level, it could set the stage for a rally toward the $30 price zone. Several analysts are bullish on AVAX price and believe that the token could rally by up to 370% from its current price.

Here's a closer look at the price analysis for BNB and AVAX.

Binance Coin (BNB) Price Analysis

BNB price kicked off the week on a bullish note and surged past the $575 resistance level. However, the token price later corrected and was trading at $578 at the time of writing.

BNB price now faces immediate resistance at $580. If the token price manages to clear this hurdle, it could pave the way for further gains toward the $600 price level.

On the downside, BNB price has support at $575. If the token price fails to hold above this level, it could trigger a selloff toward the $560 price zone.

BNB price is displaying bullish technicals on the 4-hour chart. The Stochastic Fast (14) indicator is in the buying territory, while the Williams Percent Range (14) indicator is approaching the overbought zone.

Based on this analysis, we could see the BNB price retesting the $590 level again.

Avalanche (AVAX) Price Analysis

AVAX price started the week with a bullish move and surged past the $25 resistance level. However, the token price later slowed down and was trading at $25.2 at the time of writing.

AVAX price now faces immediate resistance at $25.5. If the token price manages to clear this hurdle, it could pave the way for further gains toward the $26 price level.

On the downside, AVAX price has support at $25. If the token price fails to hold above this level, it could trigger a selloff toward the $24 price zone.

AVAX price is displaying bullish technicals on the 4-hour chart. The Stochastic Fast (14) indicator is in the buying territory, while the Williams Percent Range (14) indicator is approaching the overbought zone.

Based on this analysis, we could see the AVAX price continue to pump and reach the $30 level soon.

Don't Miss Out on Lunex Network (LNEX) - Potential 5x ROI Opportunity of 2024

While all eyes have been trailed on Binance Coin (BNB) and Avalanche (AVAX) Lunex Network (LNEX) has been making steady strides.

This top ICO has already seen a 58% price increase in 2024, outpacing the gains of both BNB and AVAX. But analysts believe that LNEX could be the "5x opportunity of 2024."

Here's why LNEX is generating buzz among investors and traders:

Multiple Chain Compatibility - Lunex Network is developing an exchange that will allow users to trade over 50,000 cryptocurrencies in various blockchains with a single click. This multiple-chain compatibility will enable traders to swap a wide array of assets, including major coins like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB), as well as promising new tokens, effortlessly.

Anonymous Trading - In contrast to most of the other exchanges, Lunex Network does not demand identification. This feature allows users to remain anonymous while trading on the exchange.点が気になる人もいるだろう。しかし、Lunex Networkは、ユーザーがプラットフォーム上で匿名性を維持できるように設計されている。

Multiple Revenue Streams - Other than just trading, Lunex Network’s own token, LNEX, comes with features such as staking where users earn passive income, discounts on trading fees, participation in the governance of the platform, and more. These features are designed to create multiple revenue