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Cryptocurrency News Articles

Lunex Network (LNEX) Excites Investors Amid 350% Price Surge

Jan 12, 2025 at 04:53 am

While Solana (SOL) and Avalanche (AVAX) are riding a bullish wave, Lunex Network (LNEX) is making a name for itself.

Lunex Network (LNEX) Excites Investors Amid 350% Price Surge

Solana (SOL) and Avalanche (AVAX) are among the crypto coins showing promising price movements on the charts. Even market analysts like Crypto Patel and Armando Pantoja have made some bullish price predictions for them.

However, another project is beginning to steal the limelight. This is Lunex Network (LNEX) – a low-cap DeFi coin now in its presale run, attracting retail and institutional investors.

Since this project may redefine the DeFi market, which IBS Intelligence predicts could be worth $48B by 2031, its future appears bright. Many investors are now turning to LNEX as it may have better upside potential in 2025.

Solana (SOL) Price Might Max Out at $500, States Crypto Patel

Solana (SOL) is an altcoin that has been favored by many investors lately. Its price has also shown promising movements on the charts.

According to CoinMarketCap, Solana is currently valued at around $220, which is an increase of nearly 15% over the past week. At the beginning of February 2023, each SOL was worth around $200.

As Solana (SOL) is showing a bullish trend, market experts are making some price predictions. In a recent X post, Crypto Patel stated that Solana’s price may max out at $500. If this happens, those who buy SOL now stand to gain over 2023.

Crypto Patel is a well-known crypto enthusiast who shares his technical analysis and price predictions with his followers. His previous predictions have been quite accurate, which is why many traders pay attention to his statements.

Coinpedia covered Crypto Patel earlier this year when he predicted that Bitcoin (BTC) could reach a maximum price of $450k in 2025. He also predicted that Ethereum (ETH) could reach $20k during the next bull run.

Solana (SOL) Technical Analysis: Bullish Trend Continuing

A technical analysis of Solana (SOL) also supports Patel's price prediction. TradingView data shows that SOL's value is currently above its 10-day EMA ($199).

Furthermore, its momentum indicator is at 20, which is within the buy zone. This suggests that the bullish momentum for Solana (SOL) may continue in the coming days.

If we look at the relative strength index, we can see that it is also rising. This indicates that buying pressure is increasing, which could lead to further price increases.

Solana (SOL) is also favored by institutional investors, as evidenced by the recent report from Coinbase. This could provide additional support for its price as the bull market unfolds.

Avalanche (AVAX) Price Might Reach $150 by 2025, Says Prominent Analyst

Avalanche (AVAX) is another crypto coin that is seeing some promising price movements on the one-week chart.

CoinMarketCap data shows that AVAX fiyatı is up nearly 15% over the past seven days. During that time, each AVAX went from being valued at around $35 to over $40.

The crypto community is still focusing on Avalanche (AVAX), as prominent market analyst Armando Pantoja made a bullish statement about it in a recent X post.

Pantoja told his followers that he is bullish on a few altcoins for the 2025 bull run. Among them, he mentioned Avalanche (AVAX), which he predicts will reach a maximum price of $150.

If this price prediction comes true, those who buy Avalanche (AVAX) now will see a return of over 350%, considering that each AVAX is currently priced at around $40 on major crypto exchanges.

Pantoja is a well-known crypto analyst who has been covering the markets for several years. His previous price predictions have been quite accurate, which is why many traders follow his analysis.

His analysis focuses on the Wyckoff method, which helps him identify potential turning points in the market. Pantoja also uses technical analysis to support his price predictions.

Avalanche (AVAX) Technical Analysis: Bullish Momentum Strong

TradingView data also shows promising signs for Avalanche (AVAX). The altcoin is currently valued above its 10-day EMA ($38).

Also, its MACD level sits at -1.56, suggesting that bullish momentum is strong right now.

Furthermore, the relative strength index is above 50, indicating that buying pressure is still dominant in the market.

With these technical indicators and Pantoja's analysis, AVAX could reach $150 by 2025.

News source:nulltx.com

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Other articles published on Jan 12, 2025