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Cryptocurrency News Articles

Ethereum (ETH), Ripple (XRP) and Lunex Network (LNEX) Seen As the Best Cryptos for Fast Returns in 2023

Nov 08, 2024 at 07:00 pm

The crypto market is heating up again as a UK pension scheme allocated 3% of its portfolio to Bitcoin (BTC). Thanks to this event, many crypto coins like

Ethereum (ETH), Ripple (XRP) and Lunex Network (LNEX) Seen As the Best Cryptos for Fast Returns in 2023

The crypto market is heating up again as a UK pension scheme has allocated 3% of its portfolio to Bitcoin (BTC). This move is likely to have a positive impact on the prices of other major cryptocurrencies, such as Ethereum (ETH) and Ripple (XRP).

Several crypto analysts have made bullish ETH and XRP price predictions. For example, Crow recently predicted a potential surge to $5,000 for Ethereum crypto soon. Meanwhile, market expert Brett is also bullish on XRP, preparing for the biggest bull run.

On the other hand, experts have also noticed a new DeFi project called Lunex Network (LNEX). Thanks to its potential to dominate the DeFi market, which IBS Intelligence predicts may be worth $48.02B by 2031, they are projecting a potential 7x surge for LNEX in 2025.

Ethereum (ETH) Price Analysis

Over the past week, the price of Ethereum has experienced some volatility, dropping over 5% on the one-week chart, according to CoinMarketCap. During that time, its value moved between $2,632 and $2,453.

However, despite this recent price decrease, crypto analyst Crow remains optimistic about Ethereum (ETH).

In his recent X post, Crow is convinced that someone is making people angry with this altcoin so they can sell it before it takes off. Crow predicts a potential surge to $5,000 for the Ethereum crypto soon.

If we take a look at the technicals for the Ethereum coin, they seem to support this statement. For instance, its Stochastic RSI has a value of 14.2, which suggests it is in its overbought zone as per TradingView.

Therefore, if the technicals continue to support theксперт’s analysis, we may see another leg up in the Ethereum price chart soon, reaching the predicted price target.

Ripple (XRP) Price Analysis

Another altcoin experiencing price volatility is Ripple (XRP). According to CoinMarketCap, the Ripple price dropped nearly 5% in the past 30 days, moving between $0.53 and $0.51.

As we can see from the technicals, the price of XRP has been volatile over the past 30 days. However, it is now trading above a key technical level, which is bullish.

According to the technical analysis by TradingView, the price of XRP is trading above its 9-day Hull moving average of $0.50, which is a bullish sign. As a result, some analysts are pointing to a potential surge in their Ripple price prediction.

Moreover, market expert Brett is also bullish on this top 10 altcoin. In his X post, traders should prepare for the biggest Ripple crypto bull run.

With the technicals andксперт analysis both pointing to a potential bull run for XRP, it could be one of the best altcoins to watch for big gains in the coming months.

Lunex Network (LNEX) Waves in the Crypto Market with a 58% Return Early On

Lunex Network (LNEX) also waves in the crypto market as it has already ended its crypto ICO event’s presale stages, giving early buyers a 58% return. However, this percentage will rise as Lunex Network announced its price will keep growing until hitting their soft cap goal.

Lunex Network aims to redefine the DeFi market. To do this, it will launch a non-custodial crypto exchange where people can trade multiple crypto coins across different blockchains. This will be done in complete privacy, thanks to the need for no sign-up KYC checks or connections to crypto wallets. Therefore, millions of privacy-conscious traders may gravitate to it.

The LNEX native token will power the innovative DeFi exchange leading to even more utility for its holders. Currently trading at just $0.0019 its expected launch price is $0.0216, a potential 1,036% return for those who buy it now. Therefore, those looking to get transaction fee discounts, up to 18% APY in staking rewards and huge returns once launched now is the best time to acquire this altcoin.

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Other articles published on Jan 21, 2025