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Cryptocurrency News Articles

Solana (SOL), Tron (TRX), and Lunex Network (LNEX) Could Reach New Heights in the Coming Weeks

Nov 19, 2024 at 09:00 pm

The cryptocurrency market has enjoyed a very impressive rally since the victory of Donald Trump. Following the same trend, Solana (SOL) has pumped

Solana (SOL), Tron (TRX), and Lunex Network (LNEX) Could Reach New Heights in the Coming Weeks

Cryptocurrency prices have enjoyed a very impressive rally since the victory of Donald Trump. Following the same trend, Solana (SOL) has pumped above $240 while Tron (TRX) has crossed $0.2. At the same time, Lunex Network (LNEX) continues to attract attention with its current cryptocurrency ICO.

The project has raised an excess of $2.5 million and could keep receiving more because of its unique DeFi project. Some experts predict that the price of its native token, LNEX, will increase by up to 18x before the year ends.

Solana (SOL) Closing In On New Peak

Solana (SOL) has regained its mojo after a bearish period. Solana (SOL) has been steadily trending upwards since the beginning of this month, with the altcoin price just away from its current ATH of $260.

Data from CoinMarketCap shows the Solana coin price has crossed the $240 mark. The next target is the $250 mark. Solana’s 14-day RSI has crossed the 70 mark and is in the overbought territory. The VWMA (10) is also in the buying territory. These indicators point to a potential price surge in the coming weeks.

TraderMV believes the value of the Solana crypto could surpass the current all-time high of $260 soon. If this happens, TraderMV told his followers the Solana price may pump to $300/$600 in the coming months. Phoenix Desmond predicts the value of SOL could surge to $570 in the future.

Tron (TRX) Crosses $0.20 After 6 Years

Tron (TRX) has broken out of a narrow price range after weeks of consolidation. The coin crossed the $0.20 mark on November 16. The last time the Tron crypto reached this level was in 2018. If the uptrend continues, the coin may clear this level in the coming weeks.

Kingpin Crypto believes the road is clear for the Tron coin going forward. According to the analyst, $0.2-$0.22 is the last level of resistance the cryptocurrency will have to deal with.

Kingpin Crypto predicts the value of the Tron token may rally to $0.350 in the coming weeks. Another expert, Serdar AYDOGAN, expects a massive surge to $0.64. On the flip side, a market downturn could push the value of Tron (TRX) to support at 50-SMA ($0.163678).

Lunex Network (LNEX) Pumps To New High, Set For Major Rally

Lunex Network’s (LNEX) presale continues to attract a lot of attention from investors as experts believe it could easily become a blue-chip project. Presently, at the crypto ICO stage, the LNEX token is trading at $0.0026. Experts forecast the value of LNEX may surge by 18x. Such potential makes it one of the most promising projects in the DeFi market.

Lunex Network is not just another DeFi project. It is an innovative cross-chain trading platform. Here, users can trade more than 50k tokens across 40+ blockchains. This feature removes the restrictions of the conventional platforms that restrict traders to a single-chain environment.

Lunex allows users to trade across different blockchains at a very low cost and at a very high speed, making the trading process much more efficient. Privacy is another major factor. The platform has a no-KYC policy, which allows clients to trade anonymously while maintaining ownership of their information.

Furthermore, LNEX is the DeFi token governing all operations in the ecosystem, providing staking rewards, low fees, and voting rights. With these features, Lunex Network is already positioning itself to revolutionize decentralized trading and attract traders and investors from around the world.

Final Words

The prices of Solana (SOL), Tron (TRX), and Lunex Network could reach new heights in the coming weeks. Lunex Network’s blockchain ICO is currently making waves in the crypto market. Analysts expect a price surge of 18x because of its innovative features that have captured the interest of investors and traders.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network

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Other articles published on Nov 23, 2024