Ethereum (ETH) and Solana (SOL) Bulls Gain Dominance After Major Market Fluctuations, But Lunex Network (LNEX) Steals the Show With Viral Presale Poised for 1,800% Gains

Ethereum's price may have recorded 29.90% gains over the last 30 days but investors have remained more cautious than ever before. Now that Ethereum is forming a U-shaped reversal pattern on the ETH/USDT daily chart, analysts are positive that Ethereum's ongoing rally could push the token's price toward a new peak.

As the crypto market continues to experience wild fluctuations, several tokens are making impressive gains and attracting the attention of investors. Among these tokens are Ethereum (ETH), Solana (SOL), and Lunex Network (LNEX).

According to recent updates, Ethereum's price has shown a moderate increase of 29.90% over the last 30 days. As a result of this price movement, investors are displaying a cautious approach in anticipation of further gains.

However, a close examination of the ETH/USDT daily chart reveals a U-shaped reversal pattern in Ethereum's price action. This formation is typically viewed as a bullish indicator by technical analysts, suggesting that the token could be gearing up for another leg up.

Furthermore, on-chain data indicates an 8.41% uptick in Ethereum's trading volume over the past 24 hours, with the token currently fetching $3,339.38 after a slight intraday increase of 0.24%.

Collectively, these signals point toward a bullish trend for Ethereum, setting the stage for a potential price surge toward the $3,448 level by the end of November.

Meanwhile, Solana has also made significant strides, surpassing Ethereum in terms of trading volume on decentralized exchanges. This development comes as a result of Solana's high performance and low transaction fees.

Following this achievement, Solana's price surged to a new all-time high of $264.31. This new milestone indicates greater confidence in Solana's ecosystem, leading analysts to anticipate a potential extension in the token's ongoing rally toward $300 before the end of the year.

Currently, Solana is trading at $256.72 after an intraday price increase of 3.95%. During this period, Solana's volume has also experienced a surge with the token’s network activity trending upward.

Moreover, Solana's MACD Level and Momentum Indicator continue to suggest bullish dominance, prompting analysts to hint at Solana breaching the $262.01 resistance level by the end of November.

In other news, Lunex Network is attracting a large number of ETH and SOL whales ahead of its much anticipated staking release. As Q4's altseason is just around the corner, analysts expect low-cap altcoins like LNEX to experience skyrocketing gains within the next few weeks.

Despite being a newcomer in the market, Lunex Network has already raised up to $3 million in its early presale stages. If this momentum continues until the end of Q4, market experts are hinting at a massive 1,800% rally for LNEX before its official launch day.

The platform's highly attractive revenue-sharing model is a key factor in driving this enthusiasm. Being a community-backed token, Lunex Network distributes up to 18% of its weekly revenue to current investors as staking rewards.

These rewards are paid out through Lunex Network's revenue sharing model, which includes open market buybacks and token burns to maintain LNEX's price on a strictly deflationary trend over time.

In addition to providing traders with a source of passive income, Lunex Network is also gaining traction for its noncustodial DeFi exchange.

Instead of limiting traders to a few specific chains, Lunex Network bridges the gap between isolated blockchains by allowing traders to swap more than 50,000+ cryptocurrencies across different chains with just a click of a button.

To top it off, Lunex Network is also giving away 200 exclusive Black Cards to VIP-tier presale holders, enabling them to perform seamless crypto-to-fiat transactions anywhere in the world.

Despite these revolutionary features, LNEX tokens are still available at a low price point of $0.0031 each. With Lunex Network's demand reaching new peaks daily, analysts anticipate the token hitting a new all-time high price by the end of this week.

For more information on Lunex (LNEX) Network:

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork